Funding you earn now, next payment 08:00 UTC+0.0378%/8h= +41.3% APRnext payment +$3.78 per $10,000 · paid last 24h +0.037%
Price spread now: Binance against GRVT−0.363%79s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as 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−$1311.309% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 4 days (all we have)+1.021%+$102 · spread now −0.363%, 7d avg +0.006%
=Together, before fees+1.145%+ Points / potential airdropGRVT: Active · farm board+$115 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.370% cheaper against GRVT than usual: you would sell low and buy high (spread −0.363% now, against its 7-day average of +0.006%). If the spread goes back, that is −$37 on $10k: about 3.3 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.125% in total) that is about 21 days. The two prices were read 79 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 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.78 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 | GRVT NOK_USDT_Perp | 10.809 | 0 | get 0.0000% / 8h | 38m 12s | $3K | $121K | 10x |
| Short | Binance NOKUSDT | 10.770 | 0.0378 | get 0.0378% / 8h | 38m 12s | $7.2M | $9.8M | 20x |
GRVT NOK_USDT_Perp
Binance NOKUSDTFunding 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
- $79.3
- Price spread: −0.363% → +0.006%
- −$36.96
- Slippage, 4 orders
- −$111.87
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.53
- Costs to cover
- 1.309%
- Break-even
- 14.8 days
Slippage from GRVT: live order book, 58 min ago; Binance: live order book, 1 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, 58 min ago | 9.18 bp | 64.0 bp −$64 | 206.6 bp −$2,066 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 4.64 bp | 10.1 bp −$10 | 57.8 bp −$578 | 182.8 bp −$18.3K | doesn't fit |
NOK on 16 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 NOKSTOCKUSDT | −0.0126% | 8h | 10.804 | −0.049% | $1.5M | $568K | 20x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.768 | −0.379% | $65K | $7K | 20x | as long as short |
| GRVT NOK_USDT_Perplong | 0.0000% | 8h | 10.809 | long leg | $3K | $121K | 10x | |
| SunX NOK-USDT | 0.0000% | 8h | 10.790 | −0.178% | $973 | $1.3M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.790 | −0.178% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.770 | −0.363% | $1.6M | $602K | 10x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.781 | −0.262% | $1.2M | $1.3M | 20x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.740 | −0.641% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0037% | 1h | 10.730 | −0.733% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.750 | −0.548% | $294K | $447K | 20x | as long as short |
Bitget NOKSTOCKUSDT
Aster NOKUSDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
OKX NOK-USDT-SWAP
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOK_USDT | +0.0150% | 8h | 10.783 | −0.243% | $943K | $1.0M | 50x | as long as short |
| Variational Omni NOK | +0.0174% | 8h | 10.803 | −0.059% | $130K | $117K | — | as long as short |
| MEXC NOKSTOCK_USDT | +0.0372% | 8h | 10.770 | −0.363% | $1.5M | $119K | 50x | as long as short |
| Extended NOK-USD | +0.0376% | 1h | 10.767 | −0.390% | $37K | $274K | 10x | as long as short |
| Binance NOKUSDTshort | +0.0378% | 8h | 10.770 | −0.363% | $7.2M | $9.8M | 20x | |
| tradeXYZ xyz:NOK | +0.0503% | 1h | 10.757 | −0.484% | $4.4M | $1.3M | 10x | as long as short |
Gate NOK_USDT
Variational Omni NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
tradeXYZ xyz:NOK