Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against Binance−0.214%99s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$310.314% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.214%, 7d avg −0.003%
=Together, before fees+0.051%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.211% cheaper against Binance than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 99 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 | Binance COINUSDT | 196.41 | 0 | get 0.0000% / 8h | 2h 11m | $15.1M | $82.5M | 20x |
| Short | GRVT COIN_USDT_Perp | 195.99 | 0 | get 0.0000% / 8h | 2h 11m | $11K | $2.6M | 10x |
Binance COINUSDT
GRVT COIN_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
- $0
- Price spread: −0.214% → −0.003%
- −$21.08
- Slippage, 4 orders
- −$12.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.45
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; GRVT: 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 Binance live order book, 1 min ago | 0.25 bp | 8.4 bp −$8 | 16.7 bp −$167 | 53.3 bp −$5,333 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.02 bp | 7.8 bp −$8 | 20.4 bp −$204 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0842% | 8h | 196.54 | +0.066% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.88 | −0.270% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.53 | −0.448% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0076% | 8h | 196.58 | +0.087% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.18 | −0.117% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.39 | −0.008% | $112K | $854K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 196.41 | long leg | $15.1M | $82.5M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 196.36 | −0.025% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.38 | −0.015% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.78 | −0.319% | $711K | $961K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 195.99 | −0.214% | $11K | $2.6M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 196.21 | −0.102% | $458K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.18 | −0.117% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.07 | −0.173% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.23 | −0.092% | $15.2M | $13.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.14 | −0.137% | $128K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.28 | −0.066% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.74 | −0.341% | $449K | $2.9M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 195.83 | −0.295% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.00 | −0.209% | $988K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.80 | −0.311% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.20 | −0.107% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.29 | −0.062% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 196.27 | −0.069% | $379K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.26 | −0.076% | $187K | $421K | 20x | as long as short |
| edgeX COINUSDC | +0.0146% | 4h | 195.88 | −0.272% | $51K | $296K | 10x | as long as short |
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
edgeX COINUSDC