Funding you earn now, next payment 08:00 UTC−0.0310%/8h= −34.0% APRnext payment −$1.55 per $10,000 · paid last 24h +0.018%
Price spread now: GRVT against Binance+0.027%7-day average +0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 2 days (all we have)−0.014%−$1 · spread now +0.027%, 7d avg +0.040%
=Together, before fees+0.077%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 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 NAVERUSDT | 147.52 | −0.0530 | get 0.0265% / 4h | 21m 00s | $109K | $216K | 20x |
| Short | GRVT NAVER_USDT_Perp | 147.56 | −0.0840 | pay 0.0420% / 4h | 21m 00s | $1 | $113K | 10x |
Binance NAVERUSDT
GRVT NAVER_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
- −$65.18
- Price spread: +0.027% → +0.040%
- −$1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$85.48
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 56 min ago; GRVT: live order book, 11 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, 56 min ago | 7.12 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 11 min ago | 3.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NAVER on 8 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 NAVERUSDT | −0.4131% | 8h | 147.57 | +0.034% | $58K | $289K | 20x | as long as short |
| OKX NAVER-USDT-SWAP | −0.1256% | 8h | 147.56 | +0.027% | $11K | $34K | 20x | as long as short |
| GRVT NAVER_USDT_Perpshort | −0.0840% | 4h | 147.56 | +0.027% | $1 | $113K | 10x | |
| Binance NAVERUSDTlong | −0.0530% | 4h | 147.52 | long leg | $109K | $216K | 20x | |
| edgeX NAVERUSDC | −0.0082% | 4h | 147.54 | +0.011% | $7K | $206K | 10x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.44 | −0.054% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.59 | +0.047% | $78K | $28K | 20x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.51 | −0.007% | $5K | $378K | 10x | as long as short |
Bitget NAVERUSDT
OKX NAVER-USDT-SWAP
edgeX NAVERUSDC
Bybit NAVERUSDT
Gate NAVER_USDT
HTX NAVER-USDT