Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against GRVT−0.465%59s7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,411as 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−$5,40954.095% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.431%+$43 · spread now −0.465%, 7d avg −0.040%
=Together, before fees+0.412%+ Points / potential airdropGRVT: Active · farm board+$41 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 0.426% cheaper against GRVT than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 59 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 MEGA_USDT_Perp | 0.04570 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $25K | $1.8M | 10x |
| Short | Binance MEGAUSDT | 0.04549 | 0.0100 | get 0.0050% / 4h | 3h 08m | $4.0M | $13.7M | 50x |
GRVT MEGA_USDT_Perp
Binance MEGAUSDTFunding 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
- Price spread: −0.465% → −0.040%
- −$42.55
- Slippage, 4 orders
- −$5,390.47
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5,452.02
- Costs to cover
- 54.095%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Binance: live order book, 2 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, 5 min ago | 4.38 bp | 5294.6 bp −$5,295 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.29 bp | 29.9 bp −$30 | 93.9 bp −$939 | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0680% | 1h | 0.04589 | +0.422% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04571 | +0.017% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04548 | −0.485% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0058% | 4h | 0.04556 | −0.311% | $201K | $94K | 50x | as long as short |
| Bybit MEGAUSDT | +0.0065% | 4h | 0.04547 | −0.508% | $3.5M | $5.8M | 20x | as long as short |
| Nado MEGA-PERP | +0.0086% | 1h | 0.04547 | −0.508% | $196K | $143K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04550 | −0.449% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04550 | −0.447% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04549 | −0.465% | $4.0M | $13.7M | 50x | |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04545 | −0.552% | $929K | $3.2M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Bybit MEGAUSDT
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04571 | +0.020% | $135K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04549 | −0.464% | $202K | $327K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04549 | −0.464% | $797K | $377K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04550 | −0.442% | $232K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04549 | −0.464% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04549 | −0.464% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04551 | −0.420% | $18K | $53K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04557 | −0.286% | $322K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04570 | long leg | $25K | $1.8M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04568 | −0.048% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04547 | −0.508% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04554 | −0.355% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04549 | −0.457% | $129K | $443K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04549 | −0.459% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04546 | −0.523% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0402% | 1h | 0.04559 | −0.250% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0960% | 1h | 0.04571 | +0.017% | $647K | $344K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1025% | 1h | 0.04554 | −0.357% | $110 | $15 | 25x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL