Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: GRVT against Binance−0.028%99s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as 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−$220.220% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.028%, 7d avg −0.002%
=Together, before fees+0.123%+ Points / potential airdropGRVT: Active · farm board+$12 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: GRVT is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 99 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 XAUTUSDT | 4,363.6 | 0.0100 | pay 0.0050% / 4h | 55m 52s | $35.5M | $46.1M | 75x |
| Short | GRVT XAUT_USDT_Perp | 4,362.4 | 0.0100 | get 0.0050% / 4h | 55m 52s | $1K | $111K | 10x |
Binance XAUTUSDT
GRVT XAUT_USDT_PerpFunding 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
- $0
- Price spread: −0.028% → −0.002%
- −$2.66
- Slippage, 4 orders
- −$3.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$24.67
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 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, 16 min ago | 0.01 bp | 5.5 bp −$5 | 7.4 bp −$74 | 19.2 bp −$1,923 | doesn't fit |
| Sell GRVT live order book, 20 min ago | 1.25 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0198% | 1h | 4,361.4 | −0.050% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0162% | 4h | 4,362.3 | −0.030% | $26.2M | $14.8M | 75x | as long as short |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.317% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,364 | +0.009% | $131.9M | $7.8M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0040% | 4h | 4,362.9 | −0.017% | $343.0M | $275.5M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0044% | 4h | 4,362.8 | −0.019% | $120.8M | $27.1M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,364.7 | +0.025% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0053% | 4h | 4,361.1 | −0.059% | $33.3M | $3.2M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,361.4 | −0.052% | $4.2M | $989K | 10x | as long as short |
| Binance XAUTUSDTlong | +0.0100% | 4h | 4,363.6 | long leg | $35.5M | $46.1M | 75x |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,364.7 | +0.024% | $11.4M | $3.0M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,362.7 | −0.021% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perpshort | +0.0100% | 4h | 4,362.4 | −0.028% | $1K | $111K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,362.6 | −0.024% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,363.6 | −0.001% | $1.9M | $179K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,367.9 | +0.098% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.6 | −0.206% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,362.7 | −0.020% | $272K | $217K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,364.5 | +0.019% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0166% | 4h | 4,360.8 | −0.065% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT