Funding you earn now, next payment 08:00 UTC+0.0286%/8h= +31.4% APRnext payment +$2.86 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against GRVT+0.119%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now +0.119%, 7d avg +0.025%
=Together, before fees+0.502%+ Points / potential airdropGRVT: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.094% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AMD_USDT_Perp | 618.78 | 0.0238 | pay 0.0238% / 8h | 3h 31m | $17K | $157K | 10x |
| Short | Binance AMDUSDT | 619.51 | 0.0524 | get 0.0524% / 8h | 3h 31m | $72.7M | $195.9M | 25x |
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
- $60.14
- Price spread: +0.119% → +0.025%
- $9.38
- Slippage, 4 orders
- −$11.85
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $38.67
- Costs to cover
- 0.308%
- Break-even
- 2.5 days
Slippage from GRVT: live order book, 21 min ago; Binance: live order book, 12 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, 21 min ago | 1.21 bp | 8.9 bp −$9 | 14.6 bp −$146 | 86477.9 bp −$8.65M | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.56 bp | 7.0 bp −$7 | 11.4 bp −$114 | 47.6 bp −$4,762 | doesn't fit |
AMD on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0866% | 4h | 618.51 | −0.044% | $78K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.68 | +0.145% | $4.5M | $13.7M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 619.89 | +0.179% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 619.64 | +0.139% | $1K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.52 | +0.120% | $118K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.11 | +0.053% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 618.76 | −0.003% | $831K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.044% | $2K | $57K | 12x | as long as short |
| Lighter AMD | +0.0040% | 1h | 618.85 | +0.011% | $546K | $2.5M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 619.06 | +0.045% | $144K | $265K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0049% | 1h | 619.33 | +0.089% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.12 | +0.055% | $397K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 619.43 | +0.105% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 618.52 | −0.042% | $1.3M | $4.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 620.25 | +0.238% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0082% | 1h | 618.58 | −0.032% | $265K | $234K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 617.90 | −0.142% | $313K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 618.92 | +0.023% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 618.88 | +0.016% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.45 | +0.108% | $370 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0117% | 1h | 619.09 | +0.050% | $23.5M | $94.4M | 10x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 618.73 | −0.008% | $2K | $90K | 10x | as long as short |
| Aster AMDUSDT | +0.0173% | 8h | 618.89 | +0.018% | $69K | $414K | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0208% | 8h | 619.64 | +0.139% | $6.8M | $28.2M | 25x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 619.67 | +0.144% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perplong | +0.0238% | 8h | 618.78 | long leg | $17K | $157K | 10x | |
| Deribit AMD_USDC-PERPETUAL | +0.0267% | 1h | 619.02 | +0.039% | $77K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0454% | 8h | 618.73 | −0.009% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDTshort | +0.0524% | 8h | 619.51 | +0.119% | $72.7M | $195.9M | 25x | |
| BloFin AMD-USDT | +0.0527% | 8h | 618.87 | +0.015% | $6K | $548K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0528% | 1h | 619.43 | +0.106% | $461K | $1.9M | 10x | as long as short |
GRVT AMD_USDT_Perp
Binance AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Lighter AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
OKX AMD-USDT-SWAP
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD