Funding you earn now, next payment 08:00 UTC+0.0221%/8h= +24.2% APRnext payment +$2.21 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against GRVT−11.266%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Binance is 11.266% cheaper against GRVT than usual: you would sell low and buy high (spread −11.266% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,127 on $10k: about 6 months of funding at the current rate (+$7 a day). The two prices were read 99 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 | GRVT SPCX_USDT_Perp | 172.52 | 0 | get 0.0000% / 8h | 6h 23m | $4K | $882 | 10x |
| Short | Binance SPCXUSDT | 153.09 | 0.0221 | get 0.0221% / 8h | 6h 23m | $252.9M | $1.37B | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.41
- Price spread: −11.266% → 0.000%
- −$1,126.65
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,099.24
- Costs to cover
- 0.190%
- Break-even
- 172.8 days
Slippage unknown: GRVT: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.33 bp | 5.3 bp −$5 | 5.9 bp −$59 | 10.6 bp −$1,061 | 22.9 bp −$11.4K |
GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPCX on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0343% / S +0.0538% | 1h | 153.04 | −11.291% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.06 | −11.282% | $96.1M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perplong | 0.0000% | 8h | 172.52 | long leg | $4K | $882 | 10x | |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −11.352% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.29 | −11.149% | $8K | $946K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.09 | −11.265% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.96 | −11.340% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.04 | −11.294% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.01 | −11.311% | $2.5M | $7.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | −11.132% | $9K | $27K | 5.5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.99 | −11.323% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | −11.288% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.03 | −11.300% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.04 | −11.294% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.06 | −11.282% | $1.7M | $90K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.08 | −11.271% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.91 | −11.369% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0080% | 8h | 153.10 | −11.259% | $30.8M | $43.0M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0086% | 8h | 153.11 | −11.253% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.94 | −11.352% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.98 | −11.329% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | −11.358% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.07 | −11.277% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.07 | −11.277% | $89 | — | 10x | as long as short |
| Bitget SPCXUSDT | +0.0151% | 8h | 153.12 | −11.248% | $31.9M | $66.3M | 75x | as long as short |
| Bullet SPCX-USD | +0.0164% | 1h | 153.09 | −11.263% | $11K | $189K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0177% | 1h | 153.04 | −11.294% | $142.4M | $119.1M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0195% | 8h | 153.11 | −11.253% | $39.4M | $169.0M | 75x | as long as short |
| Variational Omni SPCX | +0.0207% | 8h | 153.07 | −11.277% | $6.0M | $3.3M | — | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0208% | 1h | 153.04 | −11.294% | $72K | $1.1M | 10x | as long as short |
| Binance SPCXUSDTshort | +0.0221% | 8h | 153.09 | −11.266% | $252.9M | $1.37B | 75x | |
| Extended SPCX-USD | +0.0224% | 1h | 153.05 | −11.286% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0244% | 1h | 152.98 | −11.328% | $622K | $839K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 152.97 | −11.335% | $738K | $983K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.07 | −11.277% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0402% | 8h | 153.13 | −11.245% | $19.0M | $15.0M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.09 | −11.267% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0774% | 4h | 153.05 | −11.289% | $1.7M | $892K | 20x | as long as short |
GRVT SPCX_USDT_Perp
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bitget SPCXUSDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Deribit SPCX_USDC-PERPETUAL
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC