Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.6% APRnext payment +$2.97 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against GRVT+0.098%99s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$720.723% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.098%, 7d avg −0.002%
=Together, before fees−0.356%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.100% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.97 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 GLW_USDT_Perp | 162.13 | 0.0119 | pay 0.0119% / 8h | 5h 31m | $131 | $173K | 10x |
| Short | Binance GLWUSDT | 162.29 | 0.0416 | get 0.0416% / 8h | 5h 31m | $10.7M | $21.7M | 20x |
GRVT GLW_USDT_Perp
Binance GLWUSDTFunding 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
- $62.44
- Price spread: +0.098% → −0.002%
- $10
- Slippage, 4 orders
- −$53.31
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $0.12
- Costs to cover
- 0.723%
- Break-even
- 7.0 days
Slippage from GRVT: live order book, 26 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, 26 min ago | 1.54 bp | 24.9 bp −$25 | 49.1 bp −$491 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.62 bp | 11.4 bp −$11 | 37.1 bp −$371 | 86.7 bp −$8,673 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | −0.0598% | 1h | 162.03 | −0.060% | $322K | $37K | 10x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 162.34 | +0.127% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.18 | +0.031% | $930K | $198K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.17 | +0.025% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.21 | +0.049% | $892 | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.25 | +0.074% | $17K | $16K | 20x | as long as short |
| QFEX GLW-USD | +0.0044% | 1h | 162.22 | +0.056% | $1.1M | $2.1M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.15 | +0.012% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 162.01 | −0.074% | $303K | $107K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 162.14 | +0.006% | $326K | $947K | 20x | as long as short |
Paragon para:GLW
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.27 | +0.086% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0119% | 8h | 162.13 | long leg | $131 | $173K | 10x | |
| OKX GLW-USDT-SWAP | +0.0244% | 8h | 162.33 | +0.123% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0261% | 8h | 162.24 | +0.068% | $2.2M | $817K | 20x | as long as short |
| BloFin GLW-USDT | +0.0414% | 8h | 162.33 | +0.123% | $155K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0416% | 1h | 162.24 | +0.065% | $2K | $1K | 10x | as long as short |
| Binance GLWUSDTshort | +0.0416% | 8h | 162.29 | +0.098% | $10.7M | $21.7M | 20x |
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Bitget GLWUSDT
BloFin GLW-USDT
Extended GLW-USD