Funding you earn now, next payment 08:00 UTC−0.0598%/8h= −65.4% APRnext payment −$2.99 per $10,000 · paid last 24h +0.008%
Price spread now: GRVT against Binance−0.054%69s7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.054%, 7d avg −0.013%
=Together, before fees−0.253%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and GRVT is 0.041% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 69 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 -0.158% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.99 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 HANMIUSDT | 175.31 | −0.1398 | get 0.0699% / 4h | 2h 12m | $102K | $1.4M | 20x |
| Short | GRVT HANMI_USDT_Perp | 175.22 | −0.1996 | pay 0.0998% / 4h | 2h 12m | $442 | $147K | 10x |
Binance HANMIUSDT
GRVT HANMI_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
- −$125.49
- Price spread: −0.054% → −0.013%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$148.58
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; GRVT: live order book, 30 min ago. Net counts fees only.
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 | 3.71 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 30 min ago | 6.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HANMI on 9 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 HANMIUSDT | −0.2707% | 8h | 175.31 | −0.003% | $36K | $2.0M | 20x | as long as short |
| GRVT HANMI_USDT_Perpshort | −0.1996% | 4h | 175.22 | −0.054% | $442 | $147K | 10x | |
| KuCoin HANMIUSDTM | −0.1464% | 4h | 174.86 | −0.259% | $11K | $475K | 20x | as long as short |
| Binance HANMIUSDTlong | −0.1398% | 4h | 175.31 | long leg | $102K | $1.4M | 20x | |
| OKX HANMI-USDT-SWAP | −0.0342% | 8h | 174.40 | −0.522% | $18K | $213K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.65 | +0.191% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 175.23 | −0.048% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 174.90 | −0.237% | $7K | $356K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0956% | 4h | 175.13 | −0.106% | $18K | $261K | 10x | as long as short |
Bitget HANMIUSDT
KuCoin HANMIUSDTM
OKX HANMI-USDT-SWAP
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC