Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.047%
Price spread now: Binance against GRVT−0.029%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.029%, 7d avg +0.001%
=Together, before fees−0.187%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.030% cheaper against GRVT than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.001%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.039% in total) that is about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SQQQ_USDT_Perp | 34.560 | 0.0153 | pay 0.0153% / 8h | 2h 51m | $4K | $108K | 10x |
| Short | Binance SQQQUSDT | 34.550 | 0.0308 | get 0.0308% / 8h | 2h 51m | $6.8M | $16.6M | 20x |
GRVT SQQQ_USDT_Perp
Binance SQQQUSDTFunding 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
- $32.51
- Price spread: −0.029% → +0.001%
- −$3.01
- Slippage, 4 orders
- −$15.91
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.41
- Costs to cover
- 0.349%
- Break-even
- 8.2 days
Slippage from GRVT: live order book, 61 min ago; Binance: live order book, 5 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, 61 min ago | 4.36 bp | 9.3 bp −$9 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.45 bp | 6.4 bp −$6 | 16.2 bp −$162 | 109.6 bp −$11.0K | doesn't fit |
SQQQ on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.530 | −0.087% | $782K | $558K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.540 | −0.058% | $1.1M | $1.4M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.530 | −0.087% | $2.9M | $1.2M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.570 | +0.029% | $8K | $1K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.530 | −0.087% | $125K | $968K | 10x | as long as short |
| GRVT SQQQ_USDT_Perplong | +0.0153% | 8h | 34.560 | long leg | $4K | $108K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0170% | 8h | 34.570 | +0.029% | $810K | $1.7M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0304% | 8h | 34.550 | −0.029% | $83K | $7K | 20x | as long as short |
| Binance SQQQUSDTshort | +0.0308% | 8h | 34.550 | −0.029% | $6.8M | $16.6M | 20x | |
| MEXC SQQQ_USDT | +0.0309% | 8h | 34.540 | −0.058% | $1.7M | $375K | 20x | as long as short |
Bybit SQQQUSDT
Gate SQQQ_USDT
Bitget SQQQUSDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
MEXC SQQQ_USDT