Funding you earn now, next payment 12:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.60 per $10,000 · paid last 24h +0.105%
Price spread now: Binance against Gate+0.213%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5495.494% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 4 days (all we have)−0.651%−$65 · spread now +0.213%, 7d avg +0.081%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.131% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRVT_USDT | 0.1879 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $326K | $98K | 20x |
| Short | Binance GRVTUSDT | 0.1883 | 0.0221 | get 0.0110% / 4h | 3h 50m | $5.1M | $2.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $25.31
- Price spread: +0.213% → +0.081%
- $13.15
- Slippage, 4 orders
- −$524.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$510.98
- Costs to cover
- 5.494%
- Break-even
- 148.3 days
Slippage from Gate: live order book, 44 min ago; Binance: live order book, 2 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 Gate live order book, 44 min ago | 8.02 bp | 286.4 bp −$286 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.66 bp | 30.5 bp −$31 | 265.8 bp −$2,658 | doesn't fit | doesn't fit |
GRVT 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1882 | +0.133% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDTlong | +0.0100% | 4h | 0.1879 | long leg | $326K | $98K | 20x | |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1881 | +0.128% | $3.5M | $128K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1881 | +0.112% | $192K | $770K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1883 | +0.220% | $263K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1879 | +0.006% | $10K | $280K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0158% | 4h | 0.1882 | +0.181% | $239K | $37K | 20x | as long as short |
| Binance GRVTUSDTshort | +0.0221% | 4h | 0.1883 | +0.213% | $5.1M | $2.6M | 25x | |
| Extended GRVT-USD | +0.0224% | 1h | 0.1883 | +0.223% | $102K | $465K | 5x | as long as short |
| Bybit GRVTUSDT | +0.0295% | 4h | 0.1883 | +0.208% | $2.8M | $738K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRVTUSDT | +0.0308% | 4h | 0.1884 | +0.245% | $680K | $836K | 20x | as long as short |
| BingX GRVT-USDT | +0.0310% | 4h | 0.1885 | +0.319% | — | $1.7M | — | as long as short |
| Aster GRVTUSDT | +0.0357% | 4h | 0.1879 | +0.008% | $23K | $24K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1042% | 4h | 0.1882 | +0.153% | $289K | $176K | 10x | as long as short |
Gate GRVT_USDT
Binance GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
Extended GRVT-USD
Bybit GRVTUSDT
Bitget GRVTUSDT
BingX GRVT-USDT
Aster GRVTUSDT
GRVT GRVT_USDT_Perp