Funding you earn now, next payment 16:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against GRVT−0.088%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.088%, 7d avg −0.023%
=Together, before fees+0.104%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.065% cheaper against GRVT than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,039.1 | 0.0156 | pay 0.0156% / 8h | 4h 50m | $72K | $1.4M | 10x |
| Short | Binance MUUSDT | 1,038.2 | 0 | get 0.0000% / 8h | 4h 50m | $121.9M | $554.2M | 50x |
GRVT MU_USDT_Perp
Binance MUUSDTFunding 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
- −$32.76
- Price spread: −0.088% → −0.023%
- −$6.5
- Slippage, 4 orders
- −$3.65
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.91
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Binance: live order book, 16 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, 5 min ago | 0.24 bp | 6.7 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.05 bp | 5.2 bp −$5 | 7.7 bp −$77 | 19.7 bp −$1,974 | doesn't fit |
MU on 37 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0171% | 4h | 1,038.9 | −0.023% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.9 | −0.027% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,038.2 | −0.088% | $121.9M | $554.2M | 50x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.3 | −0.080% | $29.8M | $106.8M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.1 | −0.099% | $61.3M | $27.4M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,038.3 | −0.085% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | −0.035% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.5 | −0.066% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040 | +0.081% | $11K | $4.9M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.9 | −0.118% | $119K | $472K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,038.1 | −0.100% | $1.2M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.175% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0038% | 1h | 1,038.4 | −0.077% | $3K | $41K | 10x | as long as short |
| RISEx MU/USDC | +0.0045% | 1h | 1,038.4 | −0.072% | $298K | $333K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.9 | −0.024% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038 | −0.111% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.2 | −0.096% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.3 | −0.178% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,038 | −0.114% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0078% | 8h | 1,038.1 | −0.098% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.7 | −0.142% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0085% | 8h | 1,038.4 | −0.073% | $18.8M | $32.2M | 100x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0087% | 1h | 1,037.6 | −0.150% | $32K | $734K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.7 | −0.138% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.3 | −0.087% | $5.2M | $6.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.4 | −0.076% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.2 | −0.096% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.5 | −0.061% | $1.5M | $2.7M | 20x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,038.3 | −0.079% | $1.0M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,037.9 | −0.122% | $727K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0140% | 1h | 1,037.5 | −0.157% | $275K | $834K | 10x | as long as short |
| GRVT MU_USDT_Perplong | +0.0156% | 8h | 1,039.1 | long leg | $72K | $1.4M | 10x | |
| Arcus MU-USD | +0.0186% | 1h | 1,037.6 | −0.146% | $90K | $159K | 10x | as long as short |
| Bullet MU-USD | +0.0249% | 1h | 1,038.3 | −0.082% | $25K | $383K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0256% | 1h | 1,037.7 | −0.142% | $551K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0257% | 1h | 1,038.1 | −0.101% | $177.5M | $74.5M | 10x | as long as short |
| Phoenix MU | +0.0461% | 1h | 1,038.6 | −0.053% | $532K | $159K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
RISEx MU/USDC
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Bybit MUUSDT
Deribit MU_USDC-PERPETUAL
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Nado MU-PERP
Arcus MU-USD
Bullet MU-USD
Extended MU_24_5-USD
tradeXYZ xyz:MU
Phoenix MU