Funding you earn now, next payment 08:00 UTC+0.0369%/8h= +40.4% APRnext payment +$3.69 per $10,000 · paid last 24h −0.042%
Price spread now: Binance against GRVT+0.019%99s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$630.633% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.019%, 7d avg +0.007%
=Together, before fees−0.436%+ Points / potential airdropGRVT: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour. 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 -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.69 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 WMT_USDT_Perp | 107.51 | 0 | get 0.0000% / 8h | 5h 33m | $329 | $125K | 10x |
| Short | Binance WMTUSDT | 107.53 | 0.0369 | get 0.0369% / 8h | 5h 33m | $1.6M | $1.0M | 20x |
GRVT WMT_USDT_Perp
Binance WMTUSDTFunding 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
- $77.54
- Price spread: +0.019% → +0.007%
- $1.24
- Slippage, 4 orders
- −$44.25
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $15.53
- Costs to cover
- 0.633%
- Break-even
- 5.6 days
Slippage from GRVT: live order book, 24 min ago; Binance: live order book, 14 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, 24 min ago | 2.79 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.47 bp | 11.6 bp −$12 | 39.7 bp −$397 | doesn't fit | doesn't fit |
WMT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | −0.0456% | 4h | 107.48 | −0.023% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.42 | −0.084% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.62 | +0.103% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.63 | +0.112% | $82K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.47 | −0.037% | $814K | $20K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.49 | −0.018% | $541K | $93K | 50x | as long as short |
| GRVT WMT_USDT_Perplong | 0.0000% | 8h | 107.51 | long leg | $329 | $125K | 10x | |
| HTX WMT-USDT | 0.0000% | 8h | 108.20 | +0.642% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0017% | 1h | 107.49 | −0.018% | $1.1M | $2.7M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.641% | $3K | $26K | 12x | as long as short |
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
HTX WMT-USDT
QFEX WMT-USD
Injective WMT/USDC PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.49 | −0.018% | $33K | $722K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.50 | −0.009% | $2K | $2.9M | 10x | as long as short |
| Variational Omni WMT | +0.0224% | 8h | 107.49 | −0.019% | $61K | $77K | — | as long as short |
| Extended WMT-USD | +0.0368% | 1h | 107.50 | −0.009% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDTshort | +0.0369% | 8h | 107.53 | +0.019% | $1.6M | $1.0M | 20x |
KuCoin WMTUSDTM
SunX WMT-USDT
Variational Omni WMT
Extended WMT-USD