Funding you earn now, next payment 08:00 UTC−0.0441%/8h= −48.3% APRnext payment −$4.41 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against GRVT+0.015%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 2 days (all we have)−0.060%−$6 · spread now +0.015%, 7d avg −0.024%
=Together, before fees+0.024%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.039% dearer against GRVT than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.024%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.41 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 | GRVT CRWD_USDT_Perp | 249.41 | 0.0441 | pay 0.0441% / 8h | 7h 55m | $581 | $108K | 10x |
| Short | Binance CRWDUSDT | 249.44 | 0 | get 0.0000% / 8h | 7h 55m | $2.4M | $6.8M | 25x |
GRVT CRWD_USDT_Perp
Binance CRWDUSDTFunding 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
- −$92.61
- Price spread: +0.015% → −0.024%
- $3.88
- Slippage, 4 orders
- −$34.01
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.74
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 17 min ago; Binance: live order book, 14 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, 17 min ago | 3.41 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.61 bp | 10.4 bp −$10 | 44.8 bp −$448 | doesn't fit | doesn't fit |
CRWD on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CRWD | −0.0246% | 1h | 249.19 | −0.088% | $84K | $113K | 10x | as long as short |
| BloFin CRWD-USDT | −0.0008% | 8h | 249.55 | +0.057% | $72K | $25K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.23 | −0.070% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 249.44 | +0.015% | $2.4M | $6.8M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.27 | −0.055% | $1.2M | $665K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.25 | −0.063% | $620K | $644K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.23 | −0.071% | $292K | $417K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.70 | +0.118% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.46 | +0.021% | $2K | $1.3M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.66 | +0.102% | $6K | $7K | 20x | as long as short |
Paragon para:CRWD
BloFin CRWD-USDT
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.28 | −0.051% | $1.5M | $198K | 10x | as long as short |
| QFEX CRWD-USD | +0.0030% | 1h | 248.94 | −0.187% | $1.2M | $3.0M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.74 | −0.269% | $99K | — | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.47 | +0.025% | $35K | $470K | 20x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 248.72 | −0.275% | $22K | $19K | 12x | as long as short |
| Phoenix CRWD | +0.0257% | 1h | 249.48 | +0.029% | $3 | $140K | 10x | as long as short |
| GRVT CRWD_USDT_Perplong | +0.0441% | 8h | 249.41 | long leg | $581 | $108K | 10x | |
| tradeXYZ xyz:CRWD | +0.0823% | 1h | 249.24 | −0.067% | $866K | $654K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Injective CRWD/USDC PERP
Phoenix CRWD
tradeXYZ xyz:CRWD