Funding you earn now, next payment 00:00 UTC−0.0334%/8h= −36.6% APRnext payment −$1.67 per $10,000 · paid last 24h −0.034%
Price spread now: GRVT against Binance+0.237%89s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as 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−$720.715% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 7 days−0.214%−$21 · spread now +0.237%, 7d avg −0.056%
=Together, before fees−0.567%+ Points / potential airdropGRVT: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.293% dearer against Binance than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of −0.056%): +$29 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.9 days. The two prices were read 89 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 LITUSDT | 4.7527 | 0.0060 | pay 0.0030% / 4h | 2h 58m | $75.1M | $80.7M | 75x |
| Short | GRVT LIT_USDT_Perp | 4.7640 | −0.0274 | pay 0.0137% / 4h | 2h 58m | $898K | $1.9M | 10x |
Binance LITUSDT
GRVT LIT_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
- −$70.13
- Price spread: +0.237% → −0.056%
- $29.28
- Slippage, 4 orders
- −$52.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$112.38
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; GRVT: live order book, 5 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, 15 min ago | 0.10 bp | 16.2 bp −$16 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.05 bp | 16.1 bp −$16 | 64.2 bp −$642 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1025% | 1h | 4.7531 | +0.008% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0728% | 1h | 4.7500 | −0.057% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0564% | 4h | 4.7489 | −0.080% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0504% | 4h | 4.7510 | −0.036% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0411% | 1h | 4.7561 | +0.072% | $86K | $81K | 20x | as long as short |
| SoDEX LIT-USD | −0.0380% | 1h | 4.7531 | +0.008% | $985 | $474K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0342% | 1h | 4.7590 | +0.133% | $668K | $1.5M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0324% | 4h | 4.7529 | +0.004% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0288% | 4h | 4.7558 | +0.065% | $25.3M | $60.8M | 50x | as long as short |
| Polymarket Perps LIT-USD | −0.0288% | 1h | 4.7581 | +0.114% | $449K | $104K | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Phemex LITUSDT
Bullet LIT-USD
SoDEX LIT-USD
Backpack LIT_USDC_PERP
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Polymarket Perps LIT-USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perpshort | −0.0274% | 4h | 4.7640 | +0.237% | $898K | $1.9M | 10x | |
| Bybit LITUSDT | −0.0263% | 4h | 4.7561 | +0.072% | $43.0M | $30.1M | 75x | as long as short |
| Gate LIT_USDT | −0.0250% | 4h | 4.7590 | +0.133% | $2.8M | $4.5M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0246% | 1h | 4.7690 | +0.343% | $56K | $79K | 50x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.8452 | +1.947% | $668K | $408K | 50x | as long as short |
| Nado LIT-PERP | −0.0129% | 1h | 4.7565 | +0.080% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0067% | 1h | 4.7770 | +0.511% | $247K | $317K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0021% | 8h | 4.7558 | +0.065% | $5K | $1K | 5x | as long as short |
| Extended LIT-USD | −0.0016% | 1h | 4.7530 | +0.005% | $5.3M | $5.2M | 25x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7640 | +0.238% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7615 | +0.186% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7610 | +0.175% | $817K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.079% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDTlong | +0.0060% | 4h | 4.7527 | long leg | $75.1M | $80.7M | 75x | |
| MEXC LIT_USDT | +0.0060% | 4h | 4.7520 | −0.015% | $6.0M | $4.2M | 100x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7531 | +0.009% | $149K | $44K | 3x | as long as short |
| edgeX LITUSDC | +0.0073% | 4h | 4.7688 | +0.339% | $290K | $312K | 10x | as long as short |
| Bulk LIT-USD | +0.0088% | 1h | 4.7627 | +0.210% | $119K | $7K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7595 | +0.143% | $211.5M | $44.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7608 | +0.170% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7622 | +0.200% | $597K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7601 | +0.156% | $118K | $449K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7590 | +0.133% | $6.7M | $2.7M | 20x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7593 | +0.139% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7582 | +0.116% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7680 | +0.322% | $189K | $325K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7626 | +0.208% | $31K | $843K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0141% | 1h | 4.7797 | +0.567% | $11K | $198K | 10x | as long as short |
| Lighter LIT | +0.0176% | 1h | 4.7615 | +0.185% | $59.7M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0216% | 1h | 4.7620 | +0.196% | $3.7M | $14.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0246% | 4h | 4.7590 | +0.133% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7610 | +0.175% | $60K | — | 50x | as long as short |
Bybit LITUSDT
Gate LIT_USDT
ApeX Omni LITUSDT
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
Extended LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
MEXC LIT_USDT
Aevo LIT-PERP
edgeX LITUSDC
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
Aftermath Perps LITUSD
Lighter LIT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]