NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h +0.001%

Price spread now: GRVT against Binance+0.032%59s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as 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−$710.710% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.032%, 7d avg −0.008%

Together, before fees+0.082%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GRVT is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 59 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	Binance NOWUSDT	138.53	0.0238	pay 0.0238% / 8h	2h 36m	$1.8M	$1.4M	20x
Short	GRVT NOW_USDT_Perp	138.57	0.0372	get 0.0372% / 8h	2h 36m	$650	$147K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now +0.032%Rate

Funding earned: $28.19
Price spread: +0.032% → −0.008%: $3.99
Slippage, 4 orders: −$52.03
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$38.85
Costs to cover: 0.710%
Break-even: 16.6 days

Slippage from Binance: live order book, 12 min ago; GRVT: live order book, 6 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, 12 min ago	1.44 bp	12.9 bp −$13	53.3 bp −$533	doesn't fit	doesn't fit
Sell GRVT live order book, 6 min ago	2.89 bp	11.7 bp −$12	36.5 bp −$365	doesn't fit	doesn't fit

NOW 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
OKX NOW-USDT-SWAP	0.0000%	8h	138.62	+0.065%	$494K	$230K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.41	−0.087%	$1.1M	$1.4M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.50	−0.022%	$253K	$347K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	138.50	−0.022%	$767K	$254K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	138.63	+0.072%	$832	$367K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.75	+0.159%	$5K	$35K	20x	as long as short
Lighter NOW	+0.0032%	1h	138.54	+0.007%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.917%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.44	−0.065%	—	—	25x	as long as short
Aster NOWUSDT	+0.0054%	8h	138.80	+0.198%	$41K	$995	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	138.38	−0.108%	$318K	$630K	20x	as long as short
Binance NOWUSDTlong	+0.0238%	8h	138.53	long leg	$1.8M	$1.4M	20x
BloFin NOW-USDT	+0.0246%	8h	138.55	+0.014%	$46K	$18K	20x	as long as short
Bybit NOWUSDT	+0.0247%	8h	138.54	+0.007%	$1.6M	$2.1M	25x	as long as short
tradeXYZ xyz:NOW	+0.0296%	1h	138.46	−0.051%	$2.1M	$225K	10x	as long as short
GRVT NOW_USDT_Perpshort	+0.0372%	8h	138.57	+0.032%	$650	$147K	10x