Funding you earn now, next payment 08:00 UTC+0.1672%/8h= +183.1% APRnext payment +$16.72 per $10,000 · paid last 24h −0.072%
Price spread now: GRVT against Binance+0.091%69s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,128as 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−$2,14121.414% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 2 days (all we have)−0.056%−$6 · spread now +0.091%, 7d avg +0.024%
=Together, before fees+0.073%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and GRVT is 0.068% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 69 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 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.72 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 BRKBUSDT | 504.30 | 0 | get 0.0000% / 8h | 7h 36m | $2.6M | $1.4M | 20x |
| Short | GRVT BRKB_USDT_Perp | 504.76 | 0.1672 | get 0.1672% / 8h | 7h 36m | $3K | $219K | 10x |
Binance BRKBUSDT
GRVT BRKB_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
- $351.12
- Price spread: +0.091% → +0.024%
- $6.77
- Slippage, 4 orders
- −$2,122.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,783.5
- Costs to cover
- 21.414%
- Break-even
- 42.6 days
Slippage from Binance: live order book, 14 min ago; GRVT: live order book, 36 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, 14 min ago | 0.20 bp | 13.3 bp −$13 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 36 min ago | 1.19 bp | 18.3 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BRKBUSDT | 0.0000% | 8h | 504.29 | −0.003% | $297K | $30K | 20x | as long as short |
| Binance BRKBUSDTlong | 0.0000% | 8h | 504.30 | long leg | $2.6M | $1.4M | 20x | |
| Bybit BRKBUSDT | 0.0000% | 8h | 505.04 | +0.147% | $103K | $12K | 25x | as long as short |
| OKX BRKB-USDT-SWAP | 0.0000% | 8h | 505.34 | +0.206% | $482K | $135K | 20x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.80 | +0.099% | $523K | $22K | 20x | as long as short |
| Variational Omni BRKB | 0.0000% | 8h | 504.78 | +0.096% | $426K | $13K | — | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 504.62 | +0.063% | $1K | $1.4M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.93 | +0.125% | $6K | $37K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 504.71 | +0.081% | $1.3M | $58K | 10x | as long as short |
| QFEX BRK.B-USD | +0.0010% | 1h | 503.36 | −0.186% | $1.1M | $3.2M | 10x | as long as short |
Aster BRKBUSDT
Bybit BRKBUSDT
OKX BRKB-USDT-SWAP
Gate BRKB_USDT
Variational Omni BRKB
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
QFEX BRK.B-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.31 | +0.002% | $38K | $1.3M | 20x | as long as short |
| Bitget BRKBUSDT | +0.0378% | 8h | 504.82 | +0.103% | $366K | $70K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0880% | 4h | 504.47 | +0.033% | $26K | $249K | 10x | as long as short |
| GRVT BRKB_USDT_Perpshort | +0.1672% | 8h | 504.76 | +0.091% | $3K | $219K | 10x |
KuCoin BRKBUSDTM
Bitget BRKBUSDT
edgeX BRKBUSDC