Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Binance against GRVT+0.103%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2712.709% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)−0.338%−$34 · spread now +0.103%, 7d avg +0.014%
=Together, before fees−0.390%+ Points / potential airdropGRVT: Active · farm board−$39 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 0.089% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT W_USDT_Perp | 0.01179 | 0.0100 | pay 0.0050% / 4h | 58m 48s | $130K | $385K | 10x |
| Short | Binance WUSDT | 0.01180 | 0.0100 | get 0.0050% / 4h | 58m 48s | $3.0M | $6.9M | 50x |
Funding 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: +0.103% → +0.014%
- $8.94
- Slippage, 4 orders
- −$251.87
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$261.93
- Costs to cover
- 2.709%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 19 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, 19 min ago | 8.50 bp | 69.7 bp −$70 | 250.3 bp −$2,503 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.27 bp | 26.0 bp −$26 | 88.0 bp −$880 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX W-USDT-SWAP | −0.0073% | 4h | 0.01179 | +0.022% | $1.3M | $2.0M | 20x | as long as short |
| Deribit W_USDC-PERPETUAL | −0.0004% | 1h | 0.01179 | +0.065% | $17K | $1K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.567% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01180 | +0.107% | $2.0M | $425K | 5x | as long as short |
| Binance WUSDTshort | +0.0100% | 4h | 0.01180 | +0.103% | $3.0M | $6.9M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01178 | −0.062% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01177 | −0.113% | $444K | $290K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01180 | +0.099% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01181 | +0.192% | $462K | $218K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01180 | +0.107% | $1.3M | $573K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01179 | +0.056% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01176 | −0.233% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perplong | +0.0100% | 4h | 0.01179 | long leg | $130K | $385K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01180 | +0.084% | $59K | $228K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0248% | 1h | 0.01181 | +0.167% | $14K | $17K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0719% | 1h | 0.01182 | +0.294% | $146K | $181K | 20x | as long as short |
| Backpack W_USDC_PERP | +0.1121% | 1h | 0.01181 | +0.184% | $44K | $47K | 15x | as long as short |
GRVT W_USDT_Perp
Binance WUSDT
OKX W-USDT-SWAP
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDT
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD
Backpack W_USDC_PERP