GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1012%/8h= −110.8% APRnext payment −$5.06 per $10,000 · paid last 24h −0.081%

Price spread now: Bitget against BingX+0.187%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1151.152% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.714%−$71 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.187%, 7d avg −0.029%

Together, before fees−0.872%−$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.216% dearer against BingX than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of −0.029%): +$22 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.714% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1923	0.1112	pay 0.0556% / 4h	1h 56m	—	$1.6M	—
Short	Bitget GRVTUSDT	0.1927	0.0100	get 0.0050% / 4h	1h 56m	$608K	$406K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.187%Rate

Funding earned: −$212.52
Price spread: +0.187% → −0.029%: $21.63
Slippage, 4 orders: −$93.15
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$306.04
Costs to cover: 1.152%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 23 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, 4 min ago	7.82 bp	28.2 bp −$28	100.2 bp −$1,002	doesn't fit	doesn't fit
Sell Bitget live order book, 23 min ago	4.68 bp	28.8 bp −$29	300.7 bp −$3,007	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
Bybit GRVTUSDT	+0.0100%	4h	0.1926	+0.156%	$2.8M	$805K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1925	+0.104%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1925	+0.130%	$3.6M	$128K	20x	as long as short
Bitget GRVTUSDTshort	+0.0100%	4h	0.1927	+0.187%	$608K	$406K	20x
Variational Omni GRVT	+0.0100%	4h	0.1919	−0.219%	$269K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1924	+0.042%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0102%	4h	0.1924	+0.052%	$241K	$72K	20x	as long as short
Gate GRVT_USDT	+0.0166%	4h	0.1917	−0.312%	$342K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0852%	4h	0.1924	+0.062%	$316K	$586K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1084%	4h	0.1918	−0.268%	$302K	$215K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDTlong	+0.1112%	4h	0.1923	long leg	—	$1.6M	—
Aster GRVTUSDT	+0.1135%	4h	0.1919	−0.193%	$24K	$30K	5x	as long as short
Extended GRVT-USD	+0.1176%	1h	0.1925	+0.091%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1177%	4h	0.1923	0.000%	$5.3M	$2.7M	25x	as long as short