Funding you earn now, next payment 16:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against GRVT+0.023%59s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as 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−$410.408% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days+0.147%+$15 · spread now +0.023%, 7d avg +0.001%
=Together, before fees+0.172%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.023% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 59 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 COIN_USDT_Perp | 195.74 | 0 | get 0.0000% / 8h | 7h 48m | $21K | $2.9M | 10x |
| Short | Binance COINUSDT | 195.79 | 0.0049 | get 0.0049% / 8h | 7h 48m | $14.9M | $82.0M | 20x |
GRVT COIN_USDT_Perp
Binance COINUSDTFunding 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
- $10.19
- Price spread: +0.023% → +0.001%
- $2.26
- Slippage, 4 orders
- −$21.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.31
- Costs to cover
- 0.408%
- Break-even
- 26.4 days
Slippage from GRVT: live order book, 5 min ago; Binance: live order book, 9 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, 5 min ago | 1.53 bp | 15.2 bp −$15 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.25 bp | 7.1 bp −$7 | 14.6 bp −$146 | 69.5 bp −$6,950 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.36 | −0.196% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0226% | 8h | 195.82 | +0.039% | $6.3M | $10.4M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0053% | 1h | 195.28 | −0.237% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.84 | +0.049% | $342K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.74 | −0.002% | $4.7M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.69 | −0.027% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.78 | +0.019% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.08 | +0.173% | $660K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 195.74 | long leg | $21K | $2.9M | 10x | |
| Lighter COIN | +0.0032% | 1h | 195.68 | −0.033% | $360K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.68 | −0.033% | $467K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.89 | +0.075% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.74 | −0.002% | $1.3M | $2.8M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0048% | 1h | 195.69 | −0.027% | $106K | $860K | 10x | as long as short |
| Binance COINUSDTshort | +0.0049% | 8h | 195.79 | +0.023% | $14.9M | $82.0M | 20x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.62 | −0.063% | $15.1M | $12.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.58 | −0.084% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.80 | +0.029% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.62 | −0.063% | $432K | $2.6M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.62 | −0.063% | $985K | $166K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.61 | −0.068% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.86 | +0.059% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.83 | +0.046% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.91 | +0.085% | $4K | $283K | 10x | as long as short |
| BloFin COIN-USDT | +0.0168% | 8h | 195.88 | +0.070% | $187K | $435K | 20x | as long as short |
| edgeX COINUSDC | +0.0601% | 4h | 195.62 | −0.061% | $50K | $295K | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Extended COIN_24_5-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
BloFin COIN-USDT
edgeX COINUSDC