Funding you earn now, next payment 16:00 UTC−0.2147%/8h= −235.1% APRnext payment −$21.47 per $10,000 · paid last 24h −0.057%
Price spread now: Binance against GRVT+0.013%99s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as 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−$1571.567% of the position
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.013%, 7d avg +0.064%
=Together, before fees−0.377%+ Points / potential airdropGRVT: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$64 a day on $10k at the current rate, and Binance is 0.051% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 99 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 -0.279% in total (about -14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.47 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 UVXY_USDT_Perp | 17.258 | 0.3142 | pay 0.3142% / 8h | 7h 43m | $6K | $151K | 10x |
| Short | Binance UVXYUSDT | 17.260 | 0.0995 | get 0.0995% / 8h | 7h 43m | $2.1M | $1.5M | 20x |
GRVT UVXY_USDT_Perp
Binance UVXYUSDTFunding 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
- −$450.82
- Price spread: +0.013% → +0.064%
- −$5.13
- Slippage, 4 orders
- −$137.74
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$612.69
- Costs to cover
- 1.567%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 53 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, 53 min ago | 5.81 bp | 97.3 bp −$97 | 169.7 bp −$1,697 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.90 bp | 19.3 bp −$19 | 44.6 bp −$446 | 113.1 bp −$11.3K | doesn't fit |
UVXY on 14 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 UVXYUSDT | 0.0000% | 8h | 17.231 | −0.155% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.240 | −0.103% | $394K | $227K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.224 | −0.196% | $796K | $238K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.260 | +0.013% | $868 | $315K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.250 | −0.045% | $1.2M | $117K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0003% | 8h | 17.280 | +0.129% | $1.1M | $183K | 25x | as long as short |
| HTX UVXY-USDT | +0.0473% | 8h | 17.290 | +0.187% | $11K | $3K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0605% | 8h | 17.240 | −0.103% | $389K | $360K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0722% | 8h | 17.260 | +0.013% | $161K | $829K | 20x | as long as short |
| Variational Omni UVXY | +0.0885% | 8h | 17.262 | +0.025% | $97K | $7K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
Bybit UVXYUSDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDT | +0.0977% | 8h | 17.230 | −0.161% | $884K | $85K | 20x | as long as short |
| BloFin UVXY-USDT | +0.0984% | 8h | 17.260 | +0.013% | $62K | $3K | 20x | as long as short |
| Binance UVXYUSDTshort | +0.0995% | 8h | 17.260 | +0.013% | $2.1M | $1.5M | 20x | |
| GRVT UVXY_USDT_Perplong | +0.3142% | 8h | 17.258 | long leg | $6K | $151K | 10x |
MEXC UVXY_USDT
BloFin UVXY-USDT