Funding you earn now, next payment 08:00 UTC−0.1387%/8h= −151.8% APRnext payment −$6.93 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against GRVT+0.071%49s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as 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−$430.426% of the position
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.071%, 7d avg +0.030%
=Together, before fees−0.583%+ Points / potential airdropGRVT: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.041% dearer against GRVT than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.030%): +$4 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.367% in total) that is about 19 hours. The two prices were read 49 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 -0.367% in total (about -19.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.93 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 XPD_USDT_Perp | 1,298.2 | 0.1396 | pay 0.0698% / 4h | 3h 54m | $337K | $720K | 25x |
| Short | Binance XPDUSDT | 1,299.1 | 0.0009 | get 0.0005% / 4h | 3h 54m | $3.8M | $4.7M | 100x |
GRVT XPD_USDT_Perp
Binance XPDUSDTFunding 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
- −$291.21
- Price spread: +0.071% → +0.030%
- $4.11
- Slippage, 4 orders
- −$23.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$329.71
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 23 min ago; Binance: live order book, 13 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, 23 min ago | 0.62 bp | 9.8 bp −$10 | 8426.1 bp −$84.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.62 bp | 12.8 bp −$13 | 33.7 bp −$337 | 146.1 bp −$14.6K | doesn't fit |
XPD on 17 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 XPDUSDC | −0.0012% | 4h | 1,298.4 | +0.021% | $37K | $205K | 10x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,298 | −0.014% | $535K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,295.3 | −0.224% | — | $1.8M | 10x | as long as short |
| MEXC XPD_USDT | +0.0002% | 4h | 1,297.5 | −0.052% | $13.1M | $268K | 100x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,296.5 | −0.132% | — | — | — | as long as short |
| Binance XPDUSDTshort | +0.0009% | 4h | 1,299.1 | +0.071% | $3.8M | $4.7M | 100x | |
| BloFin XPD-USDT | +0.0014% | 4h | 1,298.4 | +0.017% | $30K | $20K | 100x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.668% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,296.6 | −0.121% | $2.7M | $491K | 20x | as long as short |
| Lighter XPD | +0.0088% | 1h | 1,299.1 | +0.072% | $401K | $158K | 20x | as long as short |
edgeX XPDUSDC
Variational Omni XPD
SunX XPD-USDT
MEXC XPD_USDT
gTrade (Gains Network) XPD/USD
BloFin XPD-USDT
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Lighter XPDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,296.6 | −0.119% | $169K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0107% | 8h | 1,297.4 | −0.059% | $320K | $472K | 50x | as long as short |
| Gate XPD_USDT | +0.0156% | 4h | 1,299 | +0.064% | $2.0M | $467K | 100x | as long as short |
| Aster XPDUSDT | +0.0160% | 4h | 1,297.6 | −0.045% | $26K | $5K | 20x | as long as short |
| Bitget XPDUSDT | +0.0232% | 4h | 1,296.9 | −0.101% | $5.0M | $240K | 100x | as long as short |
| HTX XPD-USDT | +0.0322% | 4h | 1,298.6 | +0.033% | $9K | $34K | 20x | as long as short |
| GRVT XPD_USDT_Perplong | +0.1396% | 4h | 1,298.2 | long leg | $337K | $720K | 25x |
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
Gate XPD_USDT
Aster XPDUSDT
Bitget XPDUSDT
HTX XPD-USDT