Settings8H · net · $10k
Funding arb · Price arb /

W

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT W_USDT_Perp0.011790.0100pay 0.0050% / 4h58m 48s$130K$385K10x
ShortBinance WUSDT0.011800.0100get 0.0050% / 4h58m 48s$3.0M$6.9M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 19 min ago8.50 bp69.7 bp −$70250.3 bp −$2,503doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.27 bp26.0 bp −$2688.0 bp −$880doesn't fitdoesn't fit

W on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX W-USDT-SWAP−0.0073%4h0.01179+0.022%$1.3M$2.0M20xas long as short
Deribit W_USDC-PERPETUAL−0.0004%1h0.01179+0.065%$17K$1K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.567%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01180+0.107%$2.0M$425K5xas long as short
Binance WUSDTshort+0.0100%4h0.01180+0.103%$3.0M$6.9M50x
Bybit WUSDT+0.0100%4h0.01178−0.062%$4.1M$1.9M50xas long as short
Gate W_USDT+0.0100%4h0.01177−0.113%$444K$290K75xas long as short
MEXC W_USDT+0.0100%4h0.01180+0.099%$12.8M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01181+0.192%$462K$218K50xas long as short
Bitget WUSDT+0.0100%4h0.01180+0.107%$1.3M$573K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01179+0.056%$6.9Mas long as short
Variational Omni W+0.0100%4h0.01176−0.233%$71K$42Kas long as short
GRVT W_USDT_Perplong+0.0100%4h0.01179long leg$130K$385K10x
Extended W-USD+0.0104%1h0.01180+0.084%$59K$228K5xas long as short
Coinbase International W-PERP-INTX+0.0248%1h0.01181+0.167%$14K$17K50xas long as short
Kraken Futures PF_WUSD+0.0719%1h0.01182+0.294%$146K$181K20xas long as short
Backpack W_USDC_PERP+0.1121%1h0.01181+0.184%$44K$47K15xas long as short