Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.151%
Price spread now: GRVT against Binance+0.007%59s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as 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−$1181.178% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.007%, 7d avg −0.059%
=Together, before fees−0.333%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.066% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.059%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.422% in total) that is about 26 hours. 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 | Binance RIVERUSDT | 1.2810 | 0.0482 | pay 0.0241% / 4h | 3h 32m | $6.1M | $11.3M | 50x |
| Short | GRVT RIVER_USDT_Perp | 1.2811 | 0.0398 | get 0.0199% / 4h | 3h 32m | $30K | $459K | 10x |
Funding 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
- −$17.59
- Price spread: +0.007% → −0.059%
- $6.6
- Slippage, 4 orders
- −$98.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$128.82
- Costs to cover
- 1.178%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; GRVT: live order book, 20 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, 7 min ago | 3.91 bp | 13.9 bp −$14 | 87.0 bp −$870 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 20 min ago | 11.74 bp | 32.3 bp −$32 | 147.4 bp −$1,474 | doesn't fit | doesn't fit |
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2800 | −0.078% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2800 | −0.078% | $2.5M | $3.4M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2788 | −0.174% | $43K | $4K | — | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2780 | −0.234% | $2K | $1.1M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2830 | +0.156% | $50K | $71K | 20x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0233% | 4h | 1.2810 | 0.000% | $2.1M | $4.0M | 20x | as long as short |
| GRVT RIVER_USDT_Perpshort | +0.0398% | 4h | 1.2811 | +0.007% | $30K | $459K | 10x | |
| Bitget RIVERUSDT | +0.0454% | 4h | 1.2810 | 0.000% | $3.0M | $2.2M | 20x | as long as short |
| BloFin RIVER-USDT | +0.0464% | 4h | 1.2820 | +0.078% | $413K | $33K | 50x | as long as short |
| MEXC RIVER_USDT | +0.0480% | 4h | 1.2800 | −0.078% | $3.7M | $1.6M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDTlong | +0.0482% | 4h | 1.2810 | long leg | $6.1M | $11.3M | 50x | |
| Kraken Futures PF_RIVERUSD | +0.0612% | 1h | 1.2818 | +0.065% | $58K | $67K | 10x | as long as short |
| BingX RIVER-USDT | +0.0622% | 4h | 1.2800 | −0.078% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.0690% | 4h | 1.2790 | −0.156% | $3.9M | $1.8M | 25x | as long as short |
| Aster RIVERUSDT | +0.0850% | 4h | 1.2810 | 0.000% | $73K | $27K | 10x | as long as short |
| Gate RIVER_USDT | +0.0858% | 4h | 1.2810 | 0.000% | $431K | $103K | 20x | as long as short |
Binance RIVERUSDT
GRVT RIVER_USDT_Perp
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
SunX RIVER-USDT
HTX RIVER-USDT
OKX RIVER-USDT-SWAP
Bitget RIVERUSDT
BloFin RIVER-USDT
MEXC RIVER_USDT
Kraken Futures PF_RIVERUSD
BingX RIVER-USDT
Bybit RIVERUSDT
Aster RIVERUSDT
Gate RIVER_USDT