Funding you earn now, next payment 12:00 UTC−0.0485%/8h= −53.1% APRnext payment −$2.42 per $10,000 · paid last 24h −0.097%
Price spread now: BloFin against Binance+0.292%91s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as 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−$950.946% of the position
Funding, last 7 days−0.620%−$62 on $10k
+Price spread, last 4 days (all we have)−0.628%−$63 · spread now +0.292%, 7d avg +0.014%
=The price spread pays, funding is against you. BloFin is 0.278% dearer against Binance than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of +0.014%): +$28 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 46 hours. The two prices were read 91 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 | Binance GRVTUSDT | 0.1885 | 0.0603 | pay 0.0301% / 4h | 2h 55m | $5.1M | $2.6M | 25x |
| Short | BloFin GRVT-USDT | 0.1890 | 0.0118 | get 0.0059% / 4h | 2h 55m | $239K | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$101.81
- Price spread: +0.292% → +0.014%
- $27.81
- Slippage, 4 orders
- −$72.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$168.63
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: 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 Binance live order book, 12 min ago | 2.65 bp | 20.6 bp −$21 | 218.2 bp −$2,182 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.12 bp | 18.3 bp −$18 | doesn't fit | 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 | −0.138% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1886 | +0.053% | $327K | $81K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1884 | −0.032% | $3.5M | $126K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1891 | +0.293% | $264K | $15K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1888 | +0.181% | $10K | $279K | 10x | as long as short |
| KuCoin GRVTUSDTM | +0.0108% | 4h | 0.1885 | 0.000% | $190K | $726K | 20x | as long as short |
| BloFin GRVT-USDTshort | +0.0118% | 4h | 0.1890 | +0.292% | $239K | $38K | 20x | |
| Bitget GRVTUSDT | +0.0380% | 4h | 0.1883 | −0.095% | $677K | $834K | 20x | as long as short |
| Extended GRVT-USD | +0.0592% | 1h | 0.1886 | +0.076% | $101K | $463K | 5x | as long as short |
| Binance GRVTUSDTlong | +0.0603% | 4h | 0.1885 | long leg | $5.1M | $2.6M | 25x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRVTUSDT | +0.0715% | 4h | 0.1888 | +0.139% | $22K | $25K | 5x | as long as short |
| Bybit GRVTUSDT | +0.0782% | 4h | 0.1885 | +0.016% | $2.7M | $755K | 20x | as long as short |
| BingX GRVT-USDT | +0.0788% | 4h | 0.1884 | −0.053% | — | $1.7M | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0878% | 4h | 0.1890 | +0.266% | $290K | $167K | 10x | as long as short |
Binance GRVTUSDT
BloFin GRVT-USDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
KuCoin GRVTUSDTM
Bitget GRVTUSDT
Extended GRVT-USD
Aster GRVTUSDT
Bybit GRVTUSDT
BingX GRVT-USDT
GRVT GRVT_USDT_Perp