Funding you earn now, next payment 00:00 UTC+0.0584%/8h= +64.0% APRnext payment +$2.92 per $10,000 · paid last 24h +0.168%
Price spread now: Binance against GRVT−0.068%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.068%, 7d avg +0.059%
=Together, before fees+0.393%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.127% cheaper against GRVT than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.059%). If the spread goes back, that is −$13 on $10k: about 17 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.402% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.402% in total (about 21.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT RIVER_USDT_Perp | 1.2675 | 0.0100 | pay 0.0050% / 4h | 35m 02s | $32K | $415K | 10x |
| Short | Binance RIVERUSDT | 1.2667 | 0.0684 | get 0.0342% / 4h | 35m 02s | $6.1M | $10.4M | 50x |
GRVT RIVER_USDT_Perp
Binance RIVERUSDTFunding 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
- $122.72
- Price spread: −0.068% → +0.059%
- −$12.73
- Slippage, 4 orders
- −$97.66
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.67
- Costs to cover
- 1.167%
- Break-even
- 7.4 days
Slippage from GRVT: live order book, 43 min ago; Binance: 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 GRVT live order book, 43 min ago | 11.88 bp | 34.2 bp −$34 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.95 bp | 15.7 bp −$16 | 64.8 bp −$648 | 1360.2 bp −$136.0K | 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 | 1.2650 | −0.199% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2660 | −0.120% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2650 | −0.199% | $2.5M | $2.2M | 50x | as long as short |
| GRVT RIVER_USDT_Perplong | +0.0100% | 4h | 1.2675 | long leg | $32K | $415K | 10x | |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2620 | −0.436% | $1K | $980K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2680 | +0.038% | $48K | $95K | 20x | as long as short |
| Gate RIVER_USDT | +0.0290% | 4h | 1.2650 | −0.199% | $420K | $110K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0306% | 4h | 1.2660 | −0.120% | $3.0M | $1.9M | 20x | as long as short |
| Aster RIVERUSDT | +0.0583% | 4h | 1.2658 | −0.139% | $73K | $31K | 10x | as long as short |
| BloFin RIVER-USDT | +0.0634% | 4h | 1.2660 | −0.120% | $422K | $33K | 50x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
Gate RIVER_USDT
Bitget RIVERUSDT
Aster RIVERUSDT
BloFin RIVER-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDTshort | +0.0684% | 4h | 1.2667 | −0.068% | $6.1M | $10.4M | 50x | |
| MEXC RIVER_USDT | +0.0688% | 4h | 1.2650 | −0.199% | $3.7M | $1.5M | 50x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0726% | 1h | 1.2651 | −0.188% | $57K | $74K | 10x | as long as short |
| Variational Omni RIVER | +0.0951% | 4h | 1.2649 | −0.211% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1236% | 4h | 1.2670 | −0.041% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1277% | 4h | 1.2650 | −0.199% | $3.8M | $1.7M | 25x | as long as short |
MEXC RIVER_USDT
Kraken Futures PF_RIVERUSD
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT