Funding you earn now, next payment 16:00 UTC−0.0155%/8h= −17.0% APRnext payment −$1.55 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Binance−0.096%79s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as 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−$440.437% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.841%+$84 · spread now −0.096%, 7d avg +0.017%
=Together, before fees+0.800%+ Points / potential airdropGRVT: Active · farm board+$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.112% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.017%). Swap the legs. The two prices were read 79 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 DELLUSDT | 572.85 | 0.0372 | pay 0.0372% / 8h | 7h 52m | $18.3M | $66.2M | 20x |
| Short | GRVT DELL_USDT_Perp | 572.31 | 0.0217 | get 0.0217% / 8h | 7h 52m | $1K | $145K | 10x |
Funding 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
- −$32.58
- Price spread: −0.096% → +0.017%
- −$11.21
- Slippage, 4 orders
- −$24.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$87.52
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; GRVT: live order book, 40 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, 5 min ago | 0.70 bp | 11.0 bp −$11 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 40 min ago | 1.13 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELL | −0.0155% | 1h | 572.10 | −0.131% | $7.5M | $6.8M | 10x | as long as short |
| Aster DELLUSDT | 0.0000% | 8h | 572.34 | −0.089% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 572.51 | −0.060% | $6.1M | $4.0M | 50x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 572.67 | −0.032% | $4.1M | $6.7M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 572.73 | −0.021% | $3.7M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 572.74 | −0.020% | $33K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.206% | $8K | $83K | 12x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 572.10 | −0.131% | $7K | $55K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.41 | −0.077% | $937K | $49K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.06 | +0.036% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 573.10 | +0.043% | $18K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0157% | 8h | 573.07 | +0.038% | $5.9M | $6.7M | 20x | as long as short |
| GRVT DELL_USDT_Perpshort | +0.0217% | 8h | 572.31 | −0.096% | $1K | $145K | 10x | |
| Variational Omni DELL | +0.0290% | 8h | 573.23 | +0.066% | $259K | $61K | — | as long as short |
| Nado DELL-PERP | +0.0362% | 1h | 572.25 | −0.106% | $69K | $20K | 10x | as long as short |
| BloFin DELL-USDT | +0.0366% | 8h | 572.97 | +0.021% | $325K | $233K | 20x | as long as short |
| Binance DELLUSDTlong | +0.0372% | 8h | 572.85 | long leg | $18.3M | $66.2M | 20x | |
| Extended DELL-USD | +0.0376% | 1h | 572.67 | −0.032% | $335K | $2.6M | 10x | as long as short |
| edgeX DELLUSDC | +0.0524% | 4h | 572.04 | −0.142% | $5K | $333K | 10x | as long as short |
| Phoenix DELL | +0.0810% | 1h | 572.94 | +0.015% | $3K | $228K | 10x | as long as short |
Binance DELLUSDT
GRVT DELL_USDT_Perp
tradeXYZ xyz:DELL
Aster DELLUSDT
Bybit DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
OKX DELL-USDT-SWAP
Variational Omni DELL
BloFin DELL-USDT
Extended DELL-USD
edgeX DELLUSDC
Phoenix DELL