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: Binance against GRVT−0.083%49s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as 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−$560.558% of the position

Long on GRVT Short on Binance

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)+0.624%+$62 · spread now −0.083%, 7d avg −0.001%

Together, before fees+0.384%+ Points / potential airdropGRVT: Active · farm board+$38 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 0.082% cheaper against GRVT than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 49 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	GRVT AMAT_USDT_Perp	468.38	0	get 0.0000% / 8h	3h 52m	$333	$101K	10x
Short	Binance AMATUSDT	467.99	0	get 0.0000% / 8h	3h 52m	$8.8M	$12.8M	20x

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

Position, each leg$Hold fordaysFee GRVTbpFee BinancebpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → −0.001%: −$8.16
Slippage, 4 orders: −$36.84
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.99
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from GRVT: live order book, 55 min ago; Binance: live order book, 3 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, 55 min ago	2.13 bp	18.2 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.64 bp	13.8 bp −$14	53.5 bp −$535	187.5 bp −$18.7K	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
BloFin AMAT-USDT	−0.0003%	8h	468.08	−0.064%	$109K	$98K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	468.49	+0.023%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	467.85	−0.113%	$5K	$27K	10x	as long as short
Binance AMATUSDTshort	0.0000%	8h	467.99	−0.083%	$8.8M	$12.8M	20x
Bybit AMATUSDT	0.0000%	8h	467.90	−0.103%	$893K	$656K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	468.15	−0.049%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	468.22	−0.034%	$2.0M	$1.7M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	468.00	−0.081%	$65K	$44K	—	as long as short
GRVT AMAT_USDT_Perplong	0.0000%	8h	468.38	long leg	$333	$101K	10x
Vest AMAT-USD-PERP	+0.0046%	1h	468.09	−0.062%	—	—	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMAT	+0.0050%	1h	467.91	−0.101%	$2.6M	$2.2M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	467.81	−0.122%	$409K	$533K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	465.91	−0.528%	$964	$365K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	468.79	+0.087%	$171K	$39K	20x	as long as short
Phoenix AMAT	+0.0222%	1h	468.58	+0.042%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0296%	8h	467.70	−0.145%	$1.6M	$6.4M	50x	as long as short