Funding you earn now, next payment 08:00 UTC−0.0317%/8h= −34.7% APRnext payment −$1.58 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against Binance−0.093%69s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16.9Kas 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−$16.9K168.872% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 2 days (all we have)+0.064%+$6 · spread now −0.093%, 7d avg −0.008%
=Together, before fees−0.011%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.085% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.008%). 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 -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.58 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 LGELECTRONICSUSDT | 156.83 | −0.4369 | get 0.2185% / 4h | 1h 34m | $109K | $777K | 20x |
| Short | GRVT LGELECTRONICS_USDT_Perp | 156.68 | −0.4686 | pay 0.2343% / 4h | 1h 34m | $315 | $177K | 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
- −$66.47
- Price spread: −0.093% → −0.008%
- −$8.45
- Slippage, 4 orders
- −$16,868.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$16,962.1
- Costs to cover
- 168.872%
- Break-even
- never at this rate
Slippage from Binance: live order book, 58 min ago; GRVT: live order book, 3 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, 58 min ago | 2.22 bp | 52.1 bp −$52 | 292.3 bp −$2,923 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 6.39 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS 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 LGELECTRONICSUSDT | −0.4995% | 8h | 157.65 | +0.523% | $249K | $727K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perpshort | −0.4686% | 4h | 156.68 | −0.093% | $315 | $177K | 10x | |
| Binance LGELECTRONICSUSDTlong | −0.4369% | 4h | 156.83 | long leg | $109K | $777K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.4362% | 4h | 157.22 | +0.249% | $236K | $133K | 20x | as long as short |
| Gate LGELECTRONICS_USDT | −0.3706% | 4h | 156.68 | −0.096% | $107K | $62K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.2988% | 8h | 157.22 | +0.249% | $105K | $102K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1835% | 8h | 156.72 | −0.070% | $40K | $52K | 25x | as long as short |
| edgeX LGELUSDC | −0.0046% | 4h | 156.45 | −0.245% | $13K | $217K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 156.85 | +0.013% | $9K | $39K | 10x | as long as short |
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Gate LGELECTRONICS_USDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT