Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against GRVT+0.202%69s7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as 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−$1041.043% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.328%−$33 · spread now +0.202%, 7d avg −0.086%
=Together, before fees−0.346%+ Points / potential airdropGRVT: Active · farm board−$35 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 0.288% dearer against GRVT than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.086%. The two prices were read 69 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 MON_USDT_Perp | 0.02529 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $566K | $1.5M | 10x |
| Short | Binance MONUSDT | 0.02534 | 0.0100 | get 0.0050% / 4h | 1h 44m | $24.1M | $26.0M | 75x |
GRVT MON_USDT_Perp
Binance MONUSDTFunding 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: +0.202% → −0.086%
- $28.84
- Slippage, 4 orders
- −$85.28
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.43
- Costs to cover
- 1.043%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Binance: live order book, 12 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, 4 min ago | 3.95 bp | 36.5 bp −$36 | 1405.6 bp −$14.1K | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.98 bp | 18.1 bp −$18 | 59.7 bp −$597 | 293.4 bp −$29.3K | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02530 | +0.046% | $13K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0259% | 1h | 0.02541 | +0.493% | $114K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02531 | +0.086% | $5K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0127% | 8h | 0.02531 | +0.066% | $20.8M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02534 | +0.201% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0026% | 1h | 0.02539 | +0.402% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0076% | 4h | 0.02534 | +0.205% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02538 | +0.363% | $846K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02536 | +0.295% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02536 | +0.292% | $408K | $539K | 10x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02536 | +0.288% | $34.4M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02535 | +0.227% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02539 | +0.393% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02537 | +0.323% | $140K | $93K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02534 | +0.202% | $24.1M | $26.0M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02532 | +0.125% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | +0.046% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02533 | +0.165% | $947K | $916K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | +0.205% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02536 | +0.284% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02523 | −0.228% | $749K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02525 | −0.141% | $43K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perplong | +0.0100% | 4h | 0.02529 | long leg | $566K | $1.5M | 10x | |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02529 | +0.007% | $68K | $498K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02538 | +0.363% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02538 | +0.354% | $50K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02539 | +0.394% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02533 | +0.173% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0290% | 1h | 0.02532 | +0.134% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02530 | +0.046% | $1.3M | $307K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02534 | +0.224% | $106K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02540 | +0.434% | $268K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02531 | +0.082% | $111K | $52K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX