Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against GRVT−0.125%69s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$700.696% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 2 days (all we have)+0.127%+$13 · spread now −0.125%, 7d avg +0.006%
=Together, before fees−0.046%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.130% cheaper against GRVT than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 69 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 CRM_USDT_Perp | 237.52 | 0.0087 | pay 0.0087% / 8h | 7h 36m | $784 | $115K | 10x |
| Short | Binance CRMUSDT | 237.22 | 0 | get 0.0000% / 8h | 7h 36m | $1.8M | $1.4M | 20x |
GRVT CRM_USDT_Perp
Binance CRMUSDTFunding 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
- −$18.27
- Price spread: −0.125% → +0.006%
- −$13.03
- Slippage, 4 orders
- −$50.56
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.86
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; Binance: live order book, 12 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, 35 min ago | 4.21 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.00 bp | 20.0 bp −$20 | 60.4 bp −$604 | doesn't fit | doesn't fit |
CRM 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 CRMUSDT | 0.0000% | 8h | 237.29 | −0.097% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDTshort | 0.0000% | 8h | 237.22 | −0.125% | $1.8M | $1.4M | 20x | |
| Bybit CRMUSDT | 0.0000% | 8h | 237.16 | −0.150% | $261K | $90K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 237.20 | −0.133% | $457K | $138K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 237.39 | −0.053% | $223K | $22K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 237.21 | −0.129% | $444K | $55K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 237.37 | −0.062% | $46K | $40K | — | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 237.36 | −0.066% | $743 | $298K | 10x | as long as short |
| HTX CRM-USDT | 0.0000% | 8h | 237.43 | −0.036% | $10K | $26K | 20x | as long as short |
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | +0.263% | $12K | $24K | 12x | as long as short |
Aster CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
Bitget CRMUSDT
Variational Omni CRM
SunX CRM-USDT
HTX CRM-USDT
Injective CRM/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRM-USD | +0.0042% | 1h | 237.21 | −0.129% | $1.5M | $12.2M | 10x | as long as short |
| GRVT CRM_USDT_Perplong | +0.0087% | 8h | 237.52 | long leg | $784 | $115K | 10x | |
| KuCoin CRMUSDTM | +0.0100% | 8h | 237.19 | −0.137% | $103K | $613K | 20x | as long as short |
| edgeX CRMUSDC | +0.0631% | 4h | 237.34 | −0.074% | $96K | $230K | 10x | as long as short |
QFEX CRM-USD
KuCoin CRMUSDTM
edgeX CRMUSDC