Funding you earn now, next payment 08:00 UTC−0.0627%/8h= −68.7% APRnext payment −$6.27 per $10,000 · paid last 24h −0.041%
Price spread now: GRVT against Binance+0.004%79s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as 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−$2332.335% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.004%, 7d avg +0.002%
=Together, before fees+0.044%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.27 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 | Binance BBXUSDT | 8.6390 | 0.0807 | pay 0.0807% / 8h | 4h 00m | $1.2M | $2.1M | 20x |
| Short | GRVT BBX_USDT_Perp | 8.6393 | 0.0180 | get 0.0180% / 8h | 4h 00m | $816 | $143K | 10x |
Binance BBXUSDT
GRVT BBX_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
- −$131.66
- Price spread: +0.004% → +0.002%
- $0.19
- Slippage, 4 orders
- −$214.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$364.96
- Costs to cover
- 2.335%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; GRVT: live order book, 52 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, 4 min ago | 0.58 bp | 24.9 bp −$25 | 74.5 bp −$745 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 52 min ago | 5.81 bp | 119.6 bp −$120 | 186.1 bp −$1,861 | doesn't fit | doesn't fit |
BBX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBXUSDT | 0.0000% | 8h | 8.6513 | +0.142% | $5K | $7K | 20x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.6200 | −0.220% | $1K | $740K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.6400 | +0.012% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.6500 | +0.127% | $139K | $410K | 20x | as long as short |
| GRVT BBX_USDT_Perpshort | +0.0180% | 8h | 8.6393 | +0.004% | $816 | $143K | 10x | |
| Variational Omni BBX | +0.0546% | 8h | 8.6280 | −0.127% | $146K | $15K | — | as long as short |
| Binance BBXUSDTlong | +0.0807% | 8h | 8.6390 | long leg | $1.2M | $2.1M | 20x | |
| Nado BBX-PERP | +0.1149% | 1h | 8.6224 | −0.192% | $60K | $13K | 3x | as long as short |
| Bybit BBXUSDT | +0.1409% | 8h | 8.6410 | +0.023% | $443K | $364K | 25x | as long as short |
Aster BBXUSDT
SunX BBX-USDT
HTX BBX-USDT
KuCoin BBXUSDTM
Variational Omni BBX
Nado BBX-PERP
Bybit BBXUSDT