Funding you earn now, next payment 16:00 UTC−0.0241%/8h= −26.4% APRnext payment −$2.41 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against Binance−0.005%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.005%, 7d avg +0.007%
=Together, before fees+0.263%+ Points / potential airdropGRVT: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.41 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 | Binance GLWUSDT | 157.11 | 0 | get 0.0000% / 8h | 7h 47m | $10.4M | $25.5M | 20x |
| Short | GRVT GLW_USDT_Perp | 157.10 | −0.0241 | pay 0.0241% / 8h | 7h 47m | $377 | $218K | 10x |
Binance GLWUSDT
GRVT GLW_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
- −$50.61
- Price spread: −0.005% → +0.007%
- −$1.18
- Slippage, 4 orders
- −$60.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$130.88
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 46 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, 9 min ago | 1.89 bp | 16.6 bp −$17 | 50.9 bp −$509 | 189.8 bp −$19.0K | doesn't fit |
| Sell GRVT live order book, 46 min ago | 2.85 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
GLW on 17 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 GLWUSDT | −0.0800% | 8h | 157.07 | −0.022% | $2.1M | $1.1M | 20x | as long as short |
| Gate GLW_USDT | −0.0369% | 8h | 156.86 | −0.156% | $2.2M | $4.4M | 50x | as long as short |
| GRVT GLW_USDT_Perpshort | −0.0241% | 8h | 157.10 | −0.005% | $377 | $218K | 10x | |
| Aster GLWUSDT | 0.0000% | 8h | 156.94 | −0.102% | $65K | $52K | 20x | as long as short |
| Extended GLW-USD | 0.0000% | 1h | 157.11 | +0.001% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTlong | 0.0000% | 8h | 157.11 | long leg | $10.4M | $25.5M | 20x | |
| Bybit GLWUSDT | 0.0000% | 8h | 157.03 | −0.048% | $901K | $250K | 25x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 156.96 | −0.092% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 156.73 | −0.239% | $17K | $22K | 20x | as long as short |
| BloFin GLW-USDT | +0.0005% | 8h | 157.14 | +0.022% | $149K | $41K | 20x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
Extended GLW-USD
Bybit GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
BloFin GLW-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps GLW-USD.P | +0.0030% | 1h | 156.94 | −0.105% | $278K | $122K | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.00 | −0.067% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0047% | 1h | 157.16 | +0.035% | $1.1M | $1.7M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 156.76 | −0.220% | $305K | $42K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0089% | 8h | 156.95 | −0.099% | $2.2M | $4.9M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 156.84 | −0.169% | $322K | $847K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.17 | +0.041% | $2K | $3K | 10x | as long as short |
Ondo Perps GLW-USD.P
Vest GLW-USD-PERP
QFEX GLW-USD
Paragon para:GLW
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos