Funding you earn now, next payment 08:00 UTC+0.1132%/8h= +124.0% APRnext payment +$11.32 per $10,000 · paid last 24h +0.132%
Price spread now: GRVT against Aster−0.081%90s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as 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−$4884.879% of the position
Funding, last 7 days+0.470%+$47 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.081%, 7d avg +0.010%
=Together, before fees+0.574%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.092% cheaper against Aster than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.010%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.470% in total) that is about 33 hours. The two prices were read 90 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 0.470% in total (about 24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.32 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 | Aster BRKBUSDT | 503.82 | 0 | get 0.0000% / 8h | 4h 26m | $297K | $30K | 20x |
| Short | GRVT BRKB_USDT_Perp | 503.41 | 0.1132 | get 0.1132% / 8h | 4h 26m | $3K | $216K | 10x |
Aster BRKBUSDT
GRVT BRKB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Aster. 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
- $237.72
- Price spread: −0.081% → +0.010%
- −$9.19
- Slippage, 4 orders
- −$470.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$259.4
- Costs to cover
- 4.879%
- Break-even
- 14.6 days
Slippage from Aster: live order book, 31 min ago; GRVT: live order book, 31 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 Aster live order book, 31 min ago | 42.87 bp | 389.1 bp −$389 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 1.39 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
BRKB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | −0.0006% | 1h | 502.69 | −0.224% | $1.1M | $3.1M | 10x | as long as short |
| Aster BRKBUSDTlong | 0.0000% | 8h | 503.82 | long leg | $297K | $30K | 20x | |
| Bybit BRKBUSDT | 0.0000% | 8h | 503.79 | −0.006% | $104K | $37K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 503.60 | −0.044% | $527K | $25K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.53 | −0.058% | $367K | $70K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.32 | −0.099% | $1K | $1.3M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.72 | −0.020% | $7K | $39K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.34 | −0.095% | $1.3M | $61K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 503.71 | −0.022% | $42K | $1.4M | 20x | as long as short |
| Variational Omni BRKB | +0.0132% | 8h | 503.24 | −0.116% | $425K | $18K | — | as long as short |
QFEX BRK.B-USD
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRKBUSDT | +0.0314% | 8h | 503.28 | −0.107% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAP | +0.0546% | 8h | 503.59 | −0.046% | $487K | $140K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0600% | 4h | 503.32 | −0.100% | $26K | $249K | 10x | as long as short |
| GRVT BRKB_USDT_Perpshort | +0.1132% | 8h | 503.41 | −0.081% | $3K | $216K | 10x |
Binance BRKBUSDT
OKX BRKB-USDT-SWAP
edgeX BRKBUSDC