Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against GRVT−0.117%79s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as 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−$910.912% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+1.599%+$160 · spread now −0.117%, 7d avg −0.015%
=Together, before fees+1.592%+ Points / potential airdropGRVT: Active · farm board+$159 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.102% cheaper against GRVT than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 79 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 | GRVT IREN_USDT_Perp | 46.900 | 0 | get 0.0000% / 8h | 38m 11s | $5K | $219K | 10x |
| Short | Binance IRENUSDT | 46.845 | 0 | get 0.0000% / 8h | 38m 11s | $3.5M | $6.2M | 25x |
GRVT IREN_USDT_Perp
Binance IRENUSDTFunding 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: −0.117% → −0.015%
- −$10.24
- Slippage, 4 orders
- −$72.23
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.47
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; Binance: live order book, 15 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, 59 min ago | 3.21 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.14 bp | 12.6 bp −$13 | 35.0 bp −$350 | 147.9 bp −$14.8K | doesn't fit |
IREN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0244% | 8h | 46.809 | −0.194% | $2.1M | $532K | 20x | as long as short |
| Vest IREN-USD-PERP | −0.0001% | 1h | 46.750 | −0.320% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.867 | −0.070% | $24K | $9K | 20x | as long as short |
| Binance IRENUSDTshort | 0.0000% | 8h | 46.845 | −0.117% | $3.5M | $6.2M | 25x | |
| Bybit IRENUSDT | 0.0000% | 8h | 46.810 | −0.192% | $1.2M | $552K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 46.910 | +0.021% | $626K | $690K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 46.890 | −0.021% | $754K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 46.911 | +0.023% | $191K | $92K | — | as long as short |
| GRVT IREN_USDT_Perplong | 0.0000% | 8h | 46.900 | long leg | $5K | $219K | 10x | |
| SunX IREN-USDT | 0.0000% | 8h | 46.890 | −0.021% | $1K | $337K | 10x | as long as short |
Bitget IRENUSDT
Vest IREN-USD-PERP
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
SunX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 46.860 | −0.085% | $9K | $878 | 20x | as long as short |
| Lighter RH IREN | +0.0040% | 1h | 46.859 | −0.087% | $70K | $97K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.790 | −0.235% | $4K | $7K | 5x | as long as short |
| QFEX IREN-USD | +0.0043% | 1h | 46.850 | −0.107% | $1.2M | $1.5M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.838 | −0.133% | $603K | $177K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.840 | −0.128% | $737K | $264K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0138% | 1h | 46.819 | −0.173% | $3.1M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0308% | 1h | 46.864 | −0.077% | $83 | $31K | 10x | as long as short |
HTX IREN-USDT
Lighter RH IREN
Extended IREN_24_5-USD
QFEX IREN-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN