BARD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.014%

Price spread now: BingX against GRVT+0.145%54s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as 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−$1861.864% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.145%, 7d avg +0.048%

Together, before fees−0.056%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.097% dearer against GRVT than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.048%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you. The two prices were read 54 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 BARD_USDT_Perp	0.1355	0.0100	pay 0.0050% / 4h	58m 40s	$136K	$521K	10x
Short	BingX BARD-USDT	0.1357	0.0070	get 0.0035% / 4h	58m 40s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee BingXbpOrdersPrice spread, now +0.145%Rate

Funding earned: −$6.3
Price spread: +0.145% → +0.048%: $9.69
Slippage, 4 orders: −$167.36
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$182.97
Costs to cover: 1.864%
Break-even: never at this rate

Slippage from GRVT: live order book, 19 min ago; BingX: 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 GRVT live order book, 19 min ago	7.40 bp	72.8 bp −$73	5272.9 bp −$52.7K	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	7.37 bp	30.8 bp −$31	107.6 bp −$1,076	1000.9 bp −$100.1K	doesn't fit

BARD on 12 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
BingX BARD-USDTshort	+0.0070%	4h	0.1357	+0.145%	—	$6.5M	—
BloFin BARD-USDT	+0.0074%	4h	0.1355	−0.003%	$119K	$5K	25x	as long as short
Aster BARDUSDT	+0.0100%	4h	0.1357	+0.134%	$18K	$14K	5x	as long as short
Binance BARDUSDT	+0.0100%	4h	0.1358	+0.182%	$2.2M	$1.8M	25x	as long as short
Bybit BARDUSDT	+0.0100%	4h	0.1356	+0.100%	$1.0M	$307K	25x	as long as short
OKX BARD-USDT-SWAP	+0.0100%	4h	0.1358	+0.218%	$714K	$959K	20x	as long as short
Gate BARD_USDT	+0.0100%	4h	0.1356	+0.071%	$192K	$44K	20x	as long as short
MEXC BARD_USDT	+0.0100%	4h	0.1357	+0.145%	$718K	$134K	50x	as long as short
KuCoin BARDUSDTM	+0.0100%	4h	0.1354	−0.099%	$97K	$69K	25x	as long as short
Bitget BARDUSDT	+0.0100%	4h	0.1357	+0.145%	$1.0M	$175K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BARD	+0.0100%	4h	0.1356	+0.035%	$12K	$252	—	as long as short
GRVT BARD_USDT_Perplong	+0.0100%	4h	0.1355	long leg	$136K	$521K	10x