Funding you earn now, next payment 16:00 UTC+0.0459%/8h= +50.2% APRnext payment +$4.59 per $10,000 · paid last 24h +0.009%
Price spread now: GRVT against Binance−0.031%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.031%, 7d avg +0.007%
=Together, before fees+0.164%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.050% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.59 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 207.63 | 0.0091 | pay 0.0091% / 8h | 5h 29m | $10.2M | $33.0M | 25x |
| Short | GRVT CBRS_USDT_Perp | 207.57 | 0.0550 | get 0.0550% / 8h | 5h 29m | $556 | $232K | 10x |
Binance CBRSUSDT
GRVT CBRS_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
- $96.3
- Price spread: −0.031% → +0.007%
- −$3.84
- Slippage, 4 orders
- −$36.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $37.15
- Costs to cover
- 0.553%
- Break-even
- 4.3 days
Slippage from Binance: live order book, 6 min ago; GRVT: live order book, 16 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, 6 min ago | 0.24 bp | 10.5 bp −$11 | 34.7 bp −$347 | 124.9 bp −$12.5K | doesn't fit |
| Sell GRVT live order book, 16 min ago | 2.65 bp | 15.1 bp −$15 | 34.4 bp −$344 | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0906% | 4h | 207.54 | −0.041% | $23K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0221% | 1h | 207.51 | −0.058% | $42.6M | $4.1M | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.42 | −0.101% | $1K | $109K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.79 | +0.077% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.64 | +0.007% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.73 | +0.048% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.72 | +0.043% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.60 | −0.014% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.78 | +0.072% | $1K | $2.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 207.66 | +0.014% | $12K | $5K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Phoenix CBRS
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUALShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 207.66 | +0.014% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.14 | +0.246% | — | $106K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.47 | −0.077% | $90K | $1.2M | 10x | as long as short |
| Variational Omni CBRS | +0.0047% | 8h | 207.61 | −0.011% | $398K | $101K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.60 | −0.014% | $51K | $463K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.60 | −0.014% | $327K | $732K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 207.65 | +0.008% | $45K | $383K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0091% | 8h | 207.63 | long leg | $10.2M | $33.0M | 25x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.57 | −0.029% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.66 | +0.014% | $113K | $286K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.51 | −0.058% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.60 | −0.016% | $241 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0112% | 8h | 207.68 | +0.024% | $150K | $75K | 20x | as long as short |
| Gate CBRS_USDT | +0.0262% | 8h | 207.70 | +0.034% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.271% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perpshort | +0.0550% | 8h | 207.57 | −0.031% | $556 | $232K | 10x |
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Variational Omni CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Extended CBRS_24_5-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
BloFin CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX