Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: GRVT against Binance+0.032%79s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.579%+$58 · spread now +0.032%, 7d avg −0.037%
=Together, before fees+0.620%+ Points / potential airdropGRVT: Active · farm board+$62 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.069% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9530 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $28.8M | $48.0M | 75x |
| Short | GRVT ICP_USDT_Perp | 2.9539 | 0.0100 | get 0.0100% / 8h | 7h 40m | $573K | $577K | 10x |
Binance ICPUSDT
GRVT ICP_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
- $0
- Price spread: +0.032% → −0.037%
- $6.88
- Slippage, 4 orders
- −$67.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$79.43
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; GRVT: live order book, 58 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, 2 min ago | 1.70 bp | 12.5 bp −$13 | 27.3 bp −$273 | 273.3 bp −$27.3K | doesn't fit |
| Sell GRVT live order book, 58 min ago | 5.09 bp | 34.3 bp −$34 | 103.5 bp −$1,035 | doesn't fit | doesn't fit |
ICP 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0340% | 1h | 2.9570 | +0.137% | $524K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0159% | 8h | 2.9450 | −0.270% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0089% | 1h | 2.9521 | −0.030% | $192 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0048% | 8h | 2.9520 | −0.034% | $1.8M | $686K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9530 | 0.000% | $69K | $1K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9522 | −0.027% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.457% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0065% | 8h | 2.9510 | −0.068% | $17.1M | $17.8M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9539 | +0.030% | $137K | $486K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9573 | +0.146% | $4.5M | $4.6M | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9540 | +0.034% | $278K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9542 | +0.039% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9530 | long leg | $28.8M | $48.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9520 | −0.034% | $5.7M | $14.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9520 | −0.034% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9530 | 0.000% | $19.4M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9540 | +0.034% | $4.9M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9530 | 0.000% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9510 | −0.068% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9620 | +0.303% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9539 | +0.032% | $573K | $577K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9510 | −0.068% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9540 | +0.034% | $103K | $115K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9512 | −0.061% | $22K | $239K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9490 | −0.135% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.745% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9539 | +0.031% | $33K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]