Funding you earn now, next payment 08:00 UTC+0.0492%/8h= +53.9% APRnext payment +$4.92 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against GRVT+0.060%79s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as 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−$2822.816% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.060%, 7d avg −0.002%
=Together, before fees−0.137%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.062% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.002%. 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 +$4.92 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 BBX_USDT_Perp | 8.5551 | 0 | get 0.0000% / 8h | 2h 22m | $442 | $133K | 10x |
| Short | Binance BBXUSDT | 8.5602 | 0.0492 | get 0.0492% / 8h | 2h 22m | $1.2M | $2.0M | 20x |
GRVT BBX_USDT_Perp
Binance BBXUSDTFunding 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
- $103.29
- Price spread: +0.060% → −0.002%
- $6.24
- Slippage, 4 orders
- −$262.59
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$172.06
- Costs to cover
- 2.816%
- Break-even
- 18.7 days
Slippage from GRVT: live order book, 20 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, 20 min ago | 5.83 bp | 124.4 bp −$124 | 192.6 bp −$1,926 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.34 bp | 22.2 bp −$22 | 90.1 bp −$901 | 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 | 8.5610 | +0.069% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perplong | 0.0000% | 8h | 8.5551 | long leg | $442 | $133K | 10x | |
| SunX BBX-USDT | 0.0000% | 8h | 8.5500 | −0.059% | $1K | $634K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5700 | +0.175% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.5800 | +0.292% | $138K | $398K | 20x | as long as short |
| Variational Omni BBX | +0.0291% | 8h | 8.5586 | +0.041% | $146K | $15K | — | as long as short |
| Binance BBXUSDTshort | +0.0492% | 8h | 8.5602 | +0.060% | $1.2M | $2.0M | 20x | |
| Nado BBX-PERP | +0.0559% | 1h | 8.5523 | −0.032% | $59K | $13K | 3x | as long as short |
| Bybit BBXUSDT | +0.0687% | 8h | 8.5740 | +0.221% | $440K | $268K | 25x | as long as short |
Aster BBXUSDT
SunX BBX-USDT
HTX BBX-USDT
KuCoin BBXUSDTM
Variational Omni BBX
Nado BBX-PERP
Bybit BBXUSDT