Funding you earn now, next payment 08:00 UTC−0.0267%/8h= −29.2% APRnext payment −$2.67 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against GRVT+0.005%59s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as 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−$890.891% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.005%, 7d avg +0.007%
=Together, before fees−0.164%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 59 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 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.67 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 NOW_USDT_Perp | 138.00 | 0.0463 | pay 0.0463% / 8h | 4h 46m | $564 | $150K | 10x |
| Short | Binance NOWUSDT | 138.01 | 0.0196 | get 0.0196% / 8h | 4h 46m | $1.8M | $1.4M | 20x |
GRVT NOW_USDT_Perp
Binance NOWUSDTFunding 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
- −$56.06
- Price spread: +0.005% → +0.007%
- −$0.24
- Slippage, 4 orders
- −$70.14
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$145.44
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Binance: live order book, 2 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, 6 min ago | 3.26 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.09 bp | 15.6 bp −$16 | 63.0 bp −$630 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NOW-USD | 0.0000% | 1h | 137.79 | −0.152% | $1.1M | $1.7M | 10x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 138.55 | +0.400% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.04 | +0.029% | $492K | $227K | 20x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.99 | −0.007% | $248K | $350K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.92 | −0.058% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.97 | −0.022% | $312 | $386K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.18 | +0.130% | $5K | $31K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.91 | −0.065% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.304% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.85 | −0.109% | — | — | 25x | as long as short |
QFEX NOW-USD
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.72 | −0.203% | $316K | $622K | 20x | as long as short |
| Binance NOWUSDTshort | +0.0196% | 8h | 138.01 | +0.005% | $1.8M | $1.4M | 20x | |
| BloFin NOW-USDT | +0.0205% | 8h | 138.04 | +0.029% | $46K | $17K | 20x | as long as short |
| Bybit NOWUSDT | +0.0210% | 8h | 138.07 | +0.051% | $1.6M | $4.5M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0267% | 1h | 137.84 | −0.116% | $2.1M | $226K | 10x | as long as short |
| GRVT NOW_USDT_Perplong | +0.0463% | 8h | 138.00 | long leg | $564 | $150K | 10x |
KuCoin NOWUSDTM
BloFin NOW-USDT
Bybit NOWUSDT
tradeXYZ xyz:NOW