Funding you earn now, next payment 12:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.103%
Price spread now: Binance against GRVT+0.125%109s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$360.355% of the position
Funding, last 7 days−0.335%−$34 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.125%, 7d avg +0.005%
=Together, before fees−0.522%+ Points / potential airdropGRVT: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.121% dearer against GRVT than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.005%): +$12 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.335% in total) that is about 2.5 days. The two prices were read 109 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 XPT_USDT_Perp | 1,789.9 | 0.0446 | pay 0.0223% / 4h | 9m 47s | $206K | $795K | 25x |
| Short | Binance XPTUSDT | 1,792.2 | 0.0100 | get 0.0050% / 4h | 9m 47s | $4.7M | $6.1M | 100x |
GRVT XPT_USDT_Perp
Binance XPTUSDTFunding 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
- −$72.64
- Price spread: +0.125% → +0.005%
- $12.07
- Slippage, 4 orders
- −$16.53
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.1
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 31 min ago; Binance: live order book, 7 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, 31 min ago | 0.03 bp | 6.9 bp −$7 | 10763.2 bp −$107.6K | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.37 bp | 10.2 bp −$10 | 23.5 bp −$235 | 116.3 bp −$11.6K | doesn't fit |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | +0.095% | $253K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,790.8 | +0.052% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,787 | −0.165% | $229 | — | 150x | as long as short |
| Injective XPT/USDC PERP | +0.0033% | 1h | 1,811.1 | +1.186% | $6K | $34K | 52x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.5 | −0.190% | — | — | 25x | as long as short |
| Aster XPTUSDT | +0.0090% | 4h | 1,792.9 | +0.165% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0093% | 4h | 1,790.9 | +0.055% | $39K | $280K | 10x | as long as short |
| MEXC XPT_USDT | +0.0096% | 4h | 1,790.5 | +0.032% | $22.9M | $731K | 100x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.5 | −0.077% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,792.3 | +0.133% | $236K | $41K | 75x | as long as short |
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Injective XPT/USDC PERP
Vest PL-PERP
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Pacifica PLATINUM
KuCoin XPTUSDTMShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPTUSDTshort | +0.0100% | 4h | 1,792.2 | +0.125% | $4.7M | $6.1M | 100x | |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,791.2 | +0.074% | $305 | — | 10x | as long as short |
| BloFin XPT-USDT | +0.0108% | 4h | 1,791.8 | +0.105% | $88K | $78K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0162% | 1h | 1,789.4 | −0.028% | $3.4M | $1.2M | 20x | as long as short |
| Gate XPT_USDT | +0.0186% | 4h | 1,791.3 | +0.077% | $645K | $607K | 100x | as long as short |
| Bitget XPTUSDT | +0.0332% | 4h | 1,791.2 | +0.074% | $1.4M | $727K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0392% | 8h | 1,792.3 | +0.135% | $3K | — | 5x | as long as short |
| OKX XPT-USDT-SWAP | +0.0416% | 8h | 1,792.8 | +0.162% | $918K | $1.2M | 50x | as long as short |
| GRVT XPT_USDT_Perplong | +0.0446% | 4h | 1,789.9 | long leg | $206K | $795K | 25x | |
| Lighter XPT | +0.0632% | 1h | 1,792.9 | +0.167% | $360K | $58K | 20x | as long as short |
| Extended XPT-USD | +0.1248% | 1h | 1,787.6 | −0.128% | $150K | $686K | 10x | as long as short |
Aevo PLATINUM-PERP
BloFin XPT-USDT
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Bitget XPTUSDT
Paradex XPT-USD-PERP
OKX XPT-USDT-SWAP
Lighter XPT
Extended XPT-USD