Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Binance−0.030%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+1.003%+$100 · spread now −0.030%, 7d avg +0.024%
=Together, before fees+1.016%+ Points / potential airdropGRVT: Active · farm board+$102 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.053% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 275.86 | 0.0063 | pay 0.0063% / 8h | 5h 14m | $8.4M | $36.2M | 25x |
| Short | GRVT BE_USDT_Perp | 275.78 | 0 | get 0.0000% / 8h | 5h 14m | $7K | $164K | 10x |
Binance BEUSDT
GRVT BE_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
- −$13.17
- Price spread: −0.030% → +0.024%
- −$5.35
- Slippage, 4 orders
- −$29.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$67.31
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; GRVT: live order book, 43 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, 12 min ago | 0.91 bp | 9.8 bp −$10 | 28.7 bp −$287 | 98.1 bp −$9,805 | doesn't fit |
| Sell GRVT live order book, 43 min ago | 2.00 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 275.51 | −0.128% | $347K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.60 | −0.094% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.78 | −0.029% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 275.78 | −0.030% | $7K | $164K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 275.88 | +0.007% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 276.02 | +0.058% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 275.91 | +0.018% | $1.3M | $2.8M | 10x | as long as short |
| Bybit BEUSDT | +0.0015% | 8h | 275.95 | +0.033% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −1.008% | $473K | $129K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.49 | −0.134% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
Bybit BEUSDT
Coinbase International BE-PERP-INTX
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 275.72 | −0.051% | $252K | $289K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.49 | −0.134% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.82 | −0.015% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.57 | −0.105% | $5.9M | $2.7M | 10x | as long as short |
| Binance BEUSDTlong | +0.0063% | 8h | 275.86 | long leg | $8.4M | $36.2M | 25x | |
| Extended BE-USD | +0.0064% | 1h | 275.81 | −0.019% | $47K | $261K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.72 | −0.051% | $372K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.83 | −0.012% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0120% | 8h | 276.10 | +0.087% | $2.6M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0183% | 8h | 275.84 | −0.007% | $1K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0657% | 1h | 275.88 | +0.007% | $7K | $4K | 10x | as long as short |
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL