Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Binance−0.113%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.452%+$45 · spread now −0.113%, 7d avg −0.038%
=Together, before fees+0.463%+ Points / potential airdropGRVT: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.075% cheaper against Binance than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.038%). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.010% in total) that is about 52 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09215 | 0.0081 | pay 0.0081% / 8h | 6h 05m | $34.2M | $104.4M | 75x |
| Short | GRVT HBAR_USDT_Perp | 0.09205 | 0.0100 | get 0.0100% / 8h | 6h 05m | $376K | $2.3M | 10x |
Binance HBARUSDT
GRVT HBAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.94
- Price spread: −0.113% → −0.038%
- −$7.5
- Slippage, 4 orders
- −$19.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$41.65
- Costs to cover
- 0.381%
- Break-even
- 81.1 days
Slippage from Binance: live order book, 7 min ago; GRVT: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 0.54 bp | 6.8 bp −$7 | 14.2 bp −$142 | 55.6 bp −$5,563 | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.62 bp | 11.0 bp −$11 | 34.5 bp −$345 | doesn't fit | doesn't fit |
HBAR on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0056% | 8h | 0.09212 | −0.036% | $7.1M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09209 | −0.072% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09219 | +0.040% | $508K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09219 | +0.038% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.723% | $1K | $106K | 12x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09230 | +0.158% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09242 | +0.289% | $223K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09220 | +0.054% | $1.4M | $2.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0070% | 8h | 0.09214 | −0.014% | $2.4M | $3.0M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09213 | −0.025% | $2K | $17K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Gate HBAR_USDT
Orderly PERP_HBAR_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0080% | 1h | 0.09210 | −0.059% | $47K | $273K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0081% | 8h | 0.09216 | +0.007% | $26.0M | $22.0M | 200x | as long as short |
| Binance HBARUSDTlong | +0.0081% | 8h | 0.09215 | long leg | $34.2M | $104.4M | 75x | |
| Lighter HBAR | +0.0096% | 1h | 0.09209 | −0.069% | $560K | $596K | 5x | as long as short |
| ApeX Omni HBARUSDT | +0.0099% | 1h | 0.09229 | +0.148% | $147K | $712K | 50x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09227 | +0.126% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09213 | −0.028% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09215 | −0.004% | $32.7M | $34.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09213 | −0.025% | $6.7M | $24.3M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09216 | +0.007% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09218 | +0.029% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09228 | +0.137% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09205 | −0.113% | $376K | $2.3M | 10x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09214 | −0.014% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09255 | +0.430% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09231 | +0.170% | $2.1M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0462% | 1h | 0.09218 | +0.030% | $120K | — | 100x | as long as short |
Extended HBAR-USD
MEXC HBAR_USDT
Lighter HBAR
ApeX Omni HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]