Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.73 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against GRVT+0.035%79s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$490.490% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−1.009%−$101 · spread now +0.035%, 7d avg −0.024%
=Together, before fees−1.021%+ Points / potential airdropGRVT: Active · farm board−$102 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.059% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 79 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 BE_USDT_Perp | 274.94 | 0 | get 0.0000% / 8h | 5h 40m | $7K | $167K | 10x |
| Short | Binance BEUSDT | 275.04 | 0.0073 | get 0.0073% / 8h | 5h 40m | $8.4M | $36.2M | 25x |
GRVT BE_USDT_Perp
Binance BEUSDTFunding 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
- $15.42
- Price spread: +0.035% → −0.024%
- $5.89
- Slippage, 4 orders
- −$29.97
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.66
- Costs to cover
- 0.490%
- Break-even
- 19.6 days
Slippage from GRVT: live order book, 18 min ago; Binance: live order book, 2 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, 18 min ago | 2.00 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.18 bp | 9.5 bp −$9 | 28.4 bp −$284 | 86.7 bp −$8,668 | 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 | 274.60 | −0.122% | $346K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.96 | +0.008% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.70 | −0.087% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.70 | −0.087% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perplong | 0.0000% | 8h | 274.94 | long leg | $7K | $167K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | −0.007% | $959 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.040% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 274.97 | +0.011% | $1.3M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.676% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.70 | −0.087% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
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 | 274.84 | −0.036% | $251K | $289K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.65 | −0.105% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.97 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.81 | −0.047% | $5.9M | $2.8M | 10x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 274.94 | −0.001% | $46K | $262K | 10x | as long as short |
| Binance BEUSDTshort | +0.0073% | 8h | 275.04 | +0.035% | $8.4M | $36.2M | 25x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.87 | −0.025% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.94 | +0.001% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0124% | 8h | 275.01 | +0.026% | $2.6M | $6.7M | 25x | as long as short |
| BloFin BE-USDT | +0.0194% | 8h | 274.85 | −0.032% | $45K | $140K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0587% | 1h | 274.95 | +0.004% | $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