Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Binance−0.058%69s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as 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−$2092.095% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 2 days (all we have)+0.135%+$14 · spread now −0.058%, 7d avg −0.015%
=Together, before fees+0.114%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 69 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 PAYPUSDT | 17.650 | 0 | get 0.0000% / 8h | 7h 02m | $256K | $342K | 20x |
| Short | GRVT PAYP_USDT_Perp | 17.640 | 0 | get 0.0000% / 8h | 7h 02m | $130K | $497K | 10x |
Binance PAYPUSDT
GRVT PAYP_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
- $0
- Price spread: −0.058% → −0.015%
- −$4.28
- Slippage, 4 orders
- −$190.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$213.74
- Costs to cover
- 2.095%
- Break-even
- never at this rate
Slippage from Binance: live order book, 59 min ago; GRVT: live order book, 30 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, 59 min ago | 2.83 bp | 40.6 bp −$41 | 243.9 bp −$2,439 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 30 min ago | 5.67 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
PAYP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PAYPUSDT | 0.0000% | 8h | 17.661 | +0.064% | $7K | $792 | 20x | as long as short |
| Binance PAYPUSDTlong | 0.0000% | 8h | 17.650 | long leg | $256K | $342K | 20x | |
| Gate PAYP_USDT | 0.0000% | 8h | 17.660 | +0.057% | $82K | $7K | 25x | as long as short |
| Variational Omni PAYP | 0.0000% | 8h | 17.647 | −0.016% | $70K | $32K | — | as long as short |
| GRVT PAYP_USDT_Perpshort | 0.0000% | 8h | 17.640 | −0.058% | $130K | $497K | 10x | |
| SunX PAYP-USDT | 0.0000% | 8h | 17.640 | −0.057% | $2K | $1.6M | 10x | as long as short |
| HTX PAYP-USDT | 0.0000% | 8h | 17.620 | −0.170% | $8K | $3K | 10x | as long as short |
| KuCoin PAYPUSDTM | +0.0100% | 8h | 17.660 | +0.057% | $53K | $149K | 20x | as long as short |
Aster PAYPUSDT
Gate PAYP_USDT
Variational Omni PAYP
SunX PAYP-USDT
HTX PAYP-USDT
KuCoin PAYPUSDTM