Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against BingX+0.106%69s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$430.426% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.106%, 7d avg −0.006%
=Together, before fees−0.089%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.112% dearer against BingX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.006%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.078% in total) that is about 10 days. The two prices were read 69 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 | BingX BCH-USDC | 268.83 | 0.0043 | pay 0.0043% / 8h | 34m 24s | — | $6.5M | — |
| Short | GRVT BCH_USDT_Perp | 269.11 | 0.0028 | get 0.0028% / 8h | 34m 24s | $392K | $17K | 10x |
BingX BCH-USDC
GRVT BCH_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BingX. 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
- −$3.15
- Price spread: +0.106% → −0.006%
- $11.21
- Slippage, 4 orders
- −$23.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$34.54
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; GRVT: live order book, 43 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 BingX live order book, 16 min ago | 1.29 bp | 10.6 bp −$11 | 30.8 bp −$308 | 112.3 bp −$11.2K | 401.7 bp −$200.8K |
| Sell GRVT live order book, 43 min ago | 0.93 bp | 9.0 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0512% | 1h | 268.79 | −0.016% | $454K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0156% | 8h | 268.98 | +0.056% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0142% | 8h | 268.82 | −0.004% | $82K | $294K | — | as long as short |
| SoDEX BCH-USD | −0.0132% | 1h | 268.83 | 0.000% | $2K | $6K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0125% | 1h | 269.15 | +0.118% | $829K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0084% | 8h | 268.66 | −0.063% | $39.4M | $32.9M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +0.510% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 269.03 | +0.074% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 268.76 | −0.027% | $116K | $652K | 25x | as long as short |
| Binance BCHUSDT | −0.0021% | 8h | 268.76 | −0.028% | $74.6M | $231.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0021% | 8h | 269.12 | +0.108% | $70.5M | $6.7M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.14 | +0.116% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.18 | +0.130% | $1.3M | $12.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.94 | +0.041% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0010% | 8h | 268.81 | −0.007% | $8.4M | $14.5M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 268.71 | −0.045% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perpshort | +0.0028% | 8h | 269.11 | +0.106% | $392K | $17K | 10x | |
| Bitget BCHUSDT | +0.0034% | 8h | 268.64 | −0.071% | $19.1M | $29.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0040% | 8h | 268.60 | −0.086% | $26.3M | $77.9M | 50x | as long as short |
| BingX BCH-USDClong | +0.0043% | 8h | 268.83 | long leg | — | $6.5M | — | |
| ApeX Omni BCHUSDT | +0.0086% | 1h | 269.16 | +0.123% | $73K | $214K | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.95 | +0.045% | $371K | $555K | 10x | as long as short |
| BloFin BCH-USDT | +0.0099% | 8h | 268.93 | +0.037% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.85 | +0.007% | $444K | $430K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.08 | +0.093% | $6.0M | $4.3M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.84 | +0.004% | $216K | $709K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.93 | +0.037% | $163K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.87 | +0.015% | $9.2M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.98 | +0.054% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.78 | −0.019% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.80 | −0.011% | $777K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0340% | 1h | 268.88 | +0.019% | $27K | — | 100x | as long as short |
MEXC BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
Bitget BCHUSDT
OKX BCH-USDT-SWAP
ApeX Omni BCHUSDT
Lighter BCH
BloFin BCH-USDT
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]