Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.162%
Price spread now: Binance against GRVT+0.044%109s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$456as 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−$2702.698% of the position
Funding, last 7 days−1.861%−$186 on $10k
+Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.044%, 7d avg +0.018%
=Together, before fees−1.995%+ Points / potential airdropGRVT: Active · farm board−$200 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: Binance is 0.026% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.018%. 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 | GRVT LA_USDT_Perp | 0.07412 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $143K | $470K | 10x |
| Short | Binance LAUSDT | 0.07415 | 0.0096 | get 0.0048% / 4h | 2h 15m | $4.7M | $8.3M | 25x |
GRVT LA_USDT_Perp
Binance LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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
- −$0.87
- Price spread: +0.044% → +0.018%
- $2.65
- Slippage, 4 orders
- −$250.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$268.02
- Costs to cover
- 2.698%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; Binance: live order book, 9 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 GRVT live order book, 7 min ago | 6.73 bp | 75.2 bp −$75 | 183.6 bp −$1,836 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.67 bp | 13.8 bp −$14 | 36.4 bp −$364 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0426% | 4h | 0.07418 | +0.083% | $251K | $803K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0122% | 4h | 0.07420 | +0.110% | $1.0M | $58K | 30x | as long as short |
| BingX LA-USDT | −0.0120% | 4h | 0.07423 | +0.150% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0114% | 4h | 0.07418 | +0.083% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0066% | 4h | 0.07411 | −0.012% | $2.0M | $519K | 25x | as long as short |
| Aster LAUSDT | +0.0082% | 4h | 0.07417 | +0.074% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | +0.0090% | 4h | 0.07415 | +0.042% | $399K | $138K | 50x | as long as short |
| Binance LAUSDTshort | +0.0096% | 4h | 0.07415 | +0.044% | $4.7M | $8.3M | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07422 | +0.137% | $2.4M | $2.3M | 25x | as long as short |
| GRVT LA_USDT_Perplong | +0.0100% | 4h | 0.07412 | long leg | $143K | $470K | 10x |
Gate LA_USDT
KuCoin LAUSDTM
BingX LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0111% | 4h | 0.07416 | +0.056% | $250K | $19K | 25x | as long as short |
BloFin LA-USDT