Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.054%

Price spread now: GRVT against Binance−0.281%79s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as 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−$540.538% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.281%, 7d avg +0.003%

Together, before fees+0.185%+ Points / potential airdropGRVT: Active · farm board+$19 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 0.284% cheaper against Binance than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 79 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 AMATUSDT	462.27	0	get 0.0000% / 8h	2h 12m	$8.5M	$13.7M	20x
Short	GRVT AMAT_USDT_Perp	460.97	0	get 0.0000% / 8h	2h 12m	$521	$110K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now −0.281%Rate

Funding earned: $0
Price spread: −0.281% → +0.003%: −$28.38
Slippage, 4 orders: −$34.82
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$82.2
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; GRVT: live order book, 26 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, 13 min ago	1.52 bp	17.1 bp −$17	63.1 bp −$631	doesn't fit	doesn't fit
Sell GRVT live order book, 26 min ago	1.19 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit

AMAT 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
Bitget AMATUSDT	−0.0447%	8h	461.82	−0.097%	$1.9M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	462.04	−0.048%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	462.02	−0.054%	$5K	$27K	10x	as long as short
Binance AMATUSDTlong	0.0000%	8h	462.27	long leg	$8.5M	$13.7M	20x
Bybit AMATUSDT	0.0000%	8h	462.08	−0.041%	$848K	$701K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	462.40	+0.029%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	462.20	−0.015%	$1.5M	$6.6M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	460.67	−0.345%	$64K	$44K	—	as long as short
GRVT AMAT_USDT_Perpshort	0.0000%	8h	460.97	−0.281%	$521	$110K	10x
BloFin AMAT-USDT	+0.0029%	8h	461.68	−0.127%	$108K	$111K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	461.53	−0.160%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	462.30	+0.007%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	461.40	−0.188%	$399K	$551K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	462.26	−0.002%	$735	$379K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	462.77	+0.109%	$168K	$39K	20x	as long as short
Phoenix AMAT	+0.0225%	1h	461.05	−0.263%	$18K	$110K	10x	as long as short