Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against BingX+0.224%99s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as 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−$680.680% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+0.132%+$13 · spread now +0.224%, 7d avg +0.036%
=Together, before fees+0.157%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.188% dearer against BingX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 99 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 FIL-USDC | 0.9835 | 0.0054 | pay 0.0054% / 8h | 29m 50s | — | $6.5M | — |
| Short | GRVT FIL_USDT_Perp | 0.9857 | 0.0100 | get 0.0100% / 8h | 29m 50s | $294K | $805K | 10x |
BingX FIL-USDC
GRVT FIL_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
- $9.66
- Price spread: +0.224% → +0.036%
- $18.77
- Slippage, 4 orders
- −$48.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$39.53
- Costs to cover
- 0.680%
- Break-even
- 35.6 days
Slippage from BingX: live order book, 5 min ago; GRVT: live order book, 48 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, 5 min ago | 1.01 bp | 11.4 bp −$11 | 23.7 bp −$237 | 131.9 bp −$13.2K | 628.7 bp −$314.4K |
| Sell GRVT live order book, 48 min ago | 5.05 bp | 36.0 bp −$36 | 322.3 bp −$3,223 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0968% | 1h | 0.9843 | +0.081% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9841 | +0.061% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9840 | +0.051% | $315K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.203% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0017% | 8h | 0.9835 | 0.000% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9840 | +0.051% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9836 | +0.009% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0013% | 8h | 0.9839 | +0.041% | $18.0M | $98.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0030% | 8h | 0.9841 | +0.061% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9841 | +0.061% | $15.4M | $18.3M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0048% | 1h | 0.9831 | −0.039% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0049% | 8h | 0.9835 | 0.000% | $57.0M | $178.8M | 75x | as long as short |
| MEXC FIL_USDC | +0.0052% | 8h | 0.9831 | −0.041% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDClong | +0.0054% | 8h | 0.9835 | long leg | — | $6.5M | — | |
| Gate FIL_USDT | +0.0088% | 8h | 0.9837 | +0.020% | $8.0M | $16.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9828 | −0.067% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9835 | +0.002% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9841 | +0.061% | $496K | $545K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9837 | +0.024% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9855 | +0.203% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9857 | +0.224% | $294K | $805K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.254% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9849 | +0.140% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9830 | −0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9834 | −0.010% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9840 | +0.051% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.051% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0170% | 8h | 0.9837 | +0.020% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0666% | 1h | 0.9840 | +0.049% | $196K | — | 100x | as long as short |
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]