Binance Futuresvs
grvt
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 23 liquid markets shared by Binance Futures and grvt, the best funding setup over the past 7 days is $EWY (long Binance Futures, short grvt): it paid 16.9% APR, 6.5% after costs, and held 75% of the time.
23 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
| Coin | Long | Short | 7d avg | After costs | Holds | Pays back | |
|---|---|---|---|---|---|---|---|
| $EWY | Binance Futures | grvt | 16.9% now 31.7% | 6.5% | 75% | 4 d | Backtest β |
| $POL | Binance Futures | grvt | 7.5% now 0.9% | -2.9% | 39% | 10 d | Backtest β |
| $EWJ | Binance Futures | grvt | 5.8% now 0.0% | -4.6% | 19% | 13 d | Backtest β |
| $ZEC | Binance Futures | grvt | 4.4% now 0.0% | -6.1% | 30% | 17 d | Backtest β |
| $JUP | Binance Futures | grvt | 4.4% now -0.9% | -6.1% | 30% | 17 d | Backtest β |
| $AXS | grvt | Binance Futures | 4.3% now -0.7% | -6.2% | 14% | 17 d | Backtest β |
| $PUMP | Binance Futures | grvt | 3.0% now 5.3% | -7.5% | 19% | 25 d | Backtest β |
| $BTC | Binance Futures | grvt | 2.4% now 9.4% | -8.0% | 9% | 30 d | Backtest β |
| $PAXG | Binance Futures | grvt | 2.4% now 0.1% | -8.1% | 15% | 31 d | Backtest β |
| $HOOD | Binance Futures | grvt | 2.1% now 0.6% | -8.3% | 9% | 35 d | Backtest β |
| $SOL | Binance Futures | grvt | 2.1% now 8.5% | -8.3% | 23% | 35 d | Backtest β |
| $XRP | Binance Futures | grvt | 2.0% now 6.2% | -8.4% | 18% | 37 d | Backtest β |
| $BNB | grvt | Binance Futures | 2.0% now 0.0% | -8.4% | 7% | 37 d | Backtest β |
| $H | Binance Futures | grvt | 1.9% now 0.0% | -8.6% | 7% | 39 d | Backtest β |
| $ETH | Binance Futures | grvt | 1.0% now 0.0% | -9.4% | 16% | 74 d | Backtest β |
β7d avgβ is the funding spread the pair actually paid over the last 7 days. βAfter costsβ subtracts taker fees for opening and closing both legs over a 7-day hold. βHoldsβ is the share of hours the spread kept the same sign and at least 5% APR.
| Binance Futures | grvt | |
|---|---|---|
| Type | CEX | DEX |
| Taker fee | 0.05% | 0.05% |
| Maker fee | 0.02% | 0.01%β |
| Open Interest | $26.97Bβ | $362.8M |
| 24h Volume | $88.97Bβ | $621.2M |
| Avg Funding APR | 2.72% | 6.00% |
| Markets | 774β | 189 |
| Airdrop / token | Listed | Listed |
Binance Futures and grvt are both perpetual-futures venues tracked on ORBIT. On fees, both charge the same 0.05% taker. On liquidity, Binance Futures is deeper with $26.97B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely βone or the otherβ β you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where Binance Futures and grvt diverge right now, then verify the pair in the backtester.
How this pair behaves
Of 15 setups between Binance Futures and grvt with 7 days of payouts, 1 stay positive after entry and exit costs. In a typical setup the spread keeps its sign and at least 5% APR 18% of the hours. Opening and closing both legs costs a median 0.20% of the position, paid back in about 30 days. The instantaneous rate is often higher than the weekly one: pick by the "7d avg" and "After costs" columns, not by the current APR.
Related venue pairs
Frequently asked questions
- Which funding setup between Binance Futures and grvt pays most?
- Across 23 liquid markets shared by Binance Futures and grvt, the best funding setup over the past 7 days is $EWY (long Binance Futures, short grvt): it paid 16.9% APR, 6.5% after costs, and held 75% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Binance Futures or grvt cheaper?
- Binance Futures charges 0.05% taker / 0.02% maker; grvt charges 0.05% taker / 0.01% maker. Both are equal on taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, Binance Futures or grvt?
- Binance Futures has $26.97B open interest across 774 markets; grvt has $362.8M across 189. Binance Futures is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Binance Futures and grvt?
- Yes β when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.