Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.2% APRnext payment −$1.21 per $10,000 · paid last 24h −0.049%
Price spread now: GRVT against Binance−0.040%109s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as 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−$230.226% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 2 days (all we have)+0.044%+$4 · spread now −0.040%, 7d avg −0.006%
=Together, before fees−0.043%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 109 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 GOOGLUSDT | 356.36 | 0.0121 | pay 0.0121% / 8h | 7h 33m | $72.9M | $143.0M | 50x |
| Short | GRVT GOOGL_USDT_Perp | 356.22 | 0 | get 0.0000% / 8h | 7h 33m | $23K | $467K | 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
- −$25.32
- Price spread: −0.040% → −0.006%
- −$3.4
- Slippage, 4 orders
- −$3.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$51.29
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 39 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 | 0.14 bp | 5.2 bp −$5 | 7.8 bp −$78 | 26.9 bp −$2,686 | doesn't fit |
| Sell GRVT live order book, 39 min ago | 0.98 bp | 5.6 bp −$6 | 8.6 bp −$86 | doesn't fit | doesn't fit |
GOOGL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0032% | 1h | 356.13 | −0.065% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.28 | −0.022% | $3.6M | $7.5M | 100x | as long as short |
| GRVT GOOGL_USDT_Perpshort | 0.0000% | 8h | 356.22 | −0.040% | $23K | $467K | 10x | |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.37 | +0.003% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.12 | −0.067% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.50 | +0.039% | $115K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.43 | +0.020% | $2.7M | $67K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0016% | 1h | 356.08 | −0.078% | $144K | $52K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.36 | 0.000% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 355.85 | −0.143% | $528K | $1.1M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.213% | $128K | $45K | 30x | as long as short |
| Lighter GOOGL | +0.0040% | 1h | 356.29 | −0.020% | $2.1M | $1.1M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0046% | 1h | 356.14 | −0.061% | $558K | $81K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.39 | +0.008% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.18 | −0.051% | $98.2M | $22.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.12 | −0.067% | $683K | $442K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.18 | −0.051% | $167 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.94 | −0.118% | $2.2M | $4.9M | 15x | as long as short |
| Variational Omni GOOGL | +0.0057% | 8h | 356.37 | +0.003% | $4.8M | $2.7M | — | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.26 | −0.028% | $1.3M | $4.8M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0083% | 8h | 356.29 | −0.021% | $292 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0094% | 8h | 356.42 | +0.017% | $17.0M | $9.3M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0100% | 8h | 356.48 | +0.033% | $364K | $457K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.16 | −0.056% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.91 | −0.126% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.18 | −0.051% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.21 | −0.042% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.21 | −0.041% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0105% | 8h | 356.43 | +0.020% | $11.5M | $7.7M | 100x | as long as short |
| Extended GOOGL-USD | +0.0120% | 1h | 356.26 | −0.029% | $421K | $1.9M | 20x | as long as short |
| Binance GOOGLUSDTlong | +0.0121% | 8h | 356.36 | long leg | $72.9M | $143.0M | 50x | |
| Phoenix GOOGL | +0.0157% | 1h | 356.21 | −0.042% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0193% | 8h | 356.41 | +0.014% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0241% | 8h | 356.36 | 0.000% | $690K | $234K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.12 | −0.067% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0825% | 4h | 356.13 | −0.065% | $208K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
GRVT GOOGL_USDT_Perp
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
Lighter GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC