Funding you earn now, next payment 12:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.039%
Price spread now: Binance against GRVT+0.011%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.011%, 7d avg −0.084%
=Together, before fees−0.541%+ Points / potential airdropGRVT: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.095% dearer against GRVT than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.084%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POPCAT_USDT_Perp | 0.05743 | 0.0238 | pay 0.0119% / 4h | 2h 21m | $252K | $467K | 10x |
| Short | Binance POPCATUSDT | 0.05744 | 0.0100 | get 0.0050% / 4h | 2h 21m | $2.6M | $7.4M | 50x |
GRVT POPCAT_USDT_Perp
Binance POPCATUSDTFunding 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
- −$28.98
- Price spread: +0.011% → −0.084%
- $9.54
- Slippage, 4 orders
- −$135.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$174.04
- Costs to cover
- 1.546%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; Binance: live order book, 10 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, 29 min ago | 3.48 bp | 50.5 bp −$50 | 11945.1 bp −$119.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.75 bp | 26.8 bp −$27 | 78.0 bp −$780 | doesn't fit | doesn't fit |
POPCAT on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.3416% | 1h | 0.05670 | −1.277% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1215% | 1h | 0.05732 | −0.201% | $153K | $128K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05742 | −0.031% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | +0.0065% | 4h | 0.05722 | −0.375% | $487K | $160K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05739 | −0.076% | $98K | $54K | 10x | as long as short |
| Binance POPCATUSDTshort | +0.0100% | 4h | 0.05744 | +0.011% | $2.6M | $7.4M | 50x | |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05732 | −0.198% | $9.2M | $7.0M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05739 | −0.076% | $693K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05732 | −0.198% | $432K | $501K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05747 | +0.063% | $1.8M | $1.0M | 200x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05740 | −0.059% | $1.1M | $813K | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05735 | −0.146% | $1.2M | $839K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05731 | −0.215% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05740 | −0.059% | $22K | $658K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05739 | −0.075% | $95K | $750K | 10x | as long as short |
| GRVT POPCAT_USDT_Perplong | +0.0238% | 4h | 0.05743 | long leg | $252K | $467K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05731 | −0.215% | $130K | $301K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0940% | 1h | 0.05752 | +0.150% | $2.7M | $1.3M | 3x | as long as short |
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT