GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.081%

Price spread now: BloFin against BingX−0.080%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1071.068% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.604%−$60 on $10k

Price spread, last 4 days (all we have)−0.245%−$24 · spread now −0.080%, 7d avg −0.022%

Together, before fees−0.849%−$85 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1881	0.0340	pay 0.0170% / 4h	3m 09s	—	$1.6M	—
Short	BloFin GRVT-USDT	0.1880	0.0158	get 0.0079% / 4h	3m 09s	$236K	$56K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$38.23
Price spread: −0.080% → −0.022%: −$5.8
Slippage, 4 orders: −$84.85
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$150.88
Costs to cover: 1.068%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 28 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	7.98 bp	29.2 bp −$29	135.1 bp −$1,351	doesn't fit	doesn't fit
Sell BloFin live order book, 28 min ago	1.33 bp	21.0 bp −$21	doesn't fit	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
Gate GRVT_USDT	+0.0100%	4h	0.1877	−0.213%	$330K	$73K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1879	−0.090%	$232K	$661K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1881	+0.001%	$263K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0150%	4h	0.1880	−0.048%	$2.8M	$769K	20x	as long as short
BloFin GRVT-USDTshort	+0.0158%	4h	0.1880	−0.080%	$236K	$56K	20x
edgeX GRVTUSDC	+0.0180%	4h	0.1878	−0.170%	$10K	$281K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0184%	4h	0.1881	+0.012%	$283K	$153K	10x	as long as short
MEXC GRVT_USDT	+0.0214%	4h	0.1880	−0.027%	$3.5M	$137K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0234%	4h	0.1882	+0.032%	$2.0M	$1.9M	20x	as long as short
Extended GRVT-USD	+0.0304%	1h	0.1880	−0.043%	$103K	$418K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRVTUSDT	+0.0305%	4h	0.1881	−0.015%	$5.1M	$2.8M	25x	as long as short
BingX GRVT-USDTlong	+0.0340%	4h	0.1881	long leg	—	$1.6M	—
Bitget GRVTUSDT	+0.0344%	4h	0.1883	+0.112%	$648K	$724K	20x	as long as short
Aster GRVTUSDT	+0.0465%	4h	0.1879	−0.111%	$22K	$28K	5x	as long as short