Funding you earn now, next payment 04:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.187%
Price spread now: GRVT against Binance+0.077%109s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as 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−$3223.219% of the position
Funding, last 7 days+1.794%+$179 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.077%, 7d avg −0.020%
=Together, before fees+1.916%+ Points / potential airdropGRVT: Active · farm board+$192 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.097% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 109 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 LAUSDT | 0.07400 | −0.0306 | get 0.0153% / 4h | 53m 36s | $4.6M | $9.8M | 25x |
| Short | GRVT LA_USDT_Perp | 0.07406 | 0.0100 | get 0.0050% / 4h | 53m 36s | $139K | $468K | 10x |
Binance LAUSDT
GRVT LA_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
- $85.35
- Price spread: +0.077% → −0.020%
- $9.7
- Slippage, 4 orders
- −$302.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$226.86
- Costs to cover
- 3.219%
- Break-even
- 25.6 days
Slippage from Binance: live order book, 1 min ago; GRVT: live order book, 4 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, 1 min ago | 1.35 bp | 13.9 bp −$14 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 6.76 bp | 77.6 bp −$78 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
LA on 11 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 LAUSDTM | −0.0960% | 4h | 0.07406 | +0.078% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0688% | 4h | 0.07402 | +0.024% | $236K | $818K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0507% | 4h | 0.07399 | −0.017% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0492% | 4h | 0.07403 | +0.037% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0449% | 4h | 0.07405 | +0.070% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0416% | 4h | 0.07403 | +0.037% | $2.0M | $493K | 25x | as long as short |
| Binance LAUSDTlong | −0.0306% | 4h | 0.07400 | long leg | $4.6M | $9.8M | 25x | |
| MEXC LA_USDT | −0.0306% | 4h | 0.07400 | −0.003% | $377K | $132K | 50x | as long as short |
| BloFin LA-USDT | −0.0296% | 4h | 0.07416 | +0.213% | $248K | $20K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07403 | +0.037% | $2.3M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
Bitget LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perpshort | +0.0100% | 4h | 0.07406 | +0.077% | $139K | $468K | 10x |