Settings8H · net · $10k
Funding arb · Price arb /

PAYP

RWAall PAYP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against GRVT−0.001%99s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1951.948% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 2 days (all we have)−0.036%−$4 · spread now −0.001%, 7d avg +0.012%
Together, before fees−0.015%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT PAYP_USDT_Perp17.6600get 0.0000% / 8h3h 29m$131K$520K10x
ShortBinance PAYPUSDT17.6600get 0.0000% / 8h3h 29m$249K$433K20x

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

Profit calculator

Funding earned
$0
Price spread: −0.001% → +0.012%
−$1.32
Slippage, 4 orders
−$175.78
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$196.1
Costs to cover
1.948%
Break-even
never at this rate
Slippage from GRVT: live order book, 23 min ago; Binance: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 23 min ago11.31 bp54.1 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 17 min ago5.66 bp21.6 bp −$2247.2 bp −$472doesn't fitdoesn't fit

PAYP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAYPUSDT0.0000%8h17.679+0.106%$7K$79220xas long as short
Binance PAYPUSDTshort0.0000%8h17.660−0.001%$249K$433K20x
Gate PAYP_USDT0.0000%8h17.650−0.057%$82K$7K25xas long as short
Variational Omni PAYP0.0000%8h17.657−0.017%$69K$88Kas long as short
GRVT PAYP_USDT_Perplong0.0000%8h17.660long leg$131K$520K10x
SunX PAYP-USDT0.0000%8h17.650−0.057%$1K$2.0M10xas long as short
HTX PAYP-USDT0.0000%8h17.630−0.170%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.6600.000%$63K$66K20xas long as short