Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against GRVT+0.020%59s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as 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−$540.538% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.020%, 7d avg +0.003%
=Together, before fees−0.386%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT IBM_USDT_Perp | 232.09 | 0 | get 0.0000% / 8h | 2h 54m | $777 | $161K | 10x |
| Short | Binance IBMUSDT | 232.13 | 0 | get 0.0000% / 8h | 2h 54m | $3.8M | $5.4M | 20x |
Funding 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
- $0
- Price spread: +0.020% → +0.003%
- $1.7
- Slippage, 4 orders
- −$34.78
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.08
- Costs to cover
- 0.538%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 53 min ago; Binance: live order book, 13 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, 53 min ago | 1.51 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.65 bp | 12.7 bp −$13 | 33.5 bp −$335 | 139.5 bp −$13.9K | doesn't fit |
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 232.10 | +0.005% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.07 | −0.006% | $53K | $234K | 10x | as long as short |
| Binance IBMUSDTshort | 0.0000% | 8h | 232.13 | +0.020% | $3.8M | $5.4M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 232.01 | −0.033% | $984K | $337K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.09 | +0.002% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.20 | +0.049% | $808K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.96 | −0.054% | $787K | $323K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.13 | +0.019% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perplong | 0.0000% | 8h | 232.09 | long leg | $777 | $161K | 10x | |
| SunX IBM-USDT | 0.0000% | 8h | 231.94 | −0.063% | $946 | $476K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.42 | +0.144% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0025% | 8h | 232.12 | +0.015% | $47K | $52K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 232.05 | −0.015% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.92 | −0.071% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.372% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.95 | −0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.99 | −0.041% | $1.8M | $794K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.02 | −0.028% | $195K | $35K | 20x | as long as short |
GRVT IBM_USDT_Perp
Binance IBMUSDT
Aster IBMUSDT
Extended IBM-USD
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM