Funding you earn now, next payment 00:00 UTC−0.0530%/8h= −58.0% APRnext payment −$2.65 per $10,000 · paid last 24h −0.081%
Price spread now: Gate against BingX−0.261%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,765as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,736as in the Price arb table
costs, in and out, $10k−$2,72227.219% of the position
Funding, last 7 days−0.431%−$43 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.261%, 7d avg −0.117%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.144% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRVT-USDT | 0.1918 | 0.0630 | pay 0.0315% / 4h | 3h 29m | — | $1.6M | — |
| Short | Gate GRVT_USDT | 0.1913 | 0.0100 | get 0.0050% / 4h | 3h 29m | $342K | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$111.3
- Price spread: −0.261% → −0.117%
- −$14.35
- Slippage, 4 orders
- −$2,696.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,847.54
- Costs to cover
- 27.219%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 16 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, 11 min ago | 7.86 bp | 30.5 bp −$31 | 115.9 bp −$1,159 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 10.50 bp | 236.8 bp −$237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1914 | −0.203% | $2.8M | $819K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1913 | −0.266% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDTshort | +0.0100% | 4h | 0.1913 | −0.261% | $342K | $54K | 20x | |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1916 | −0.089% | $3.6M | $135K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1916 | −0.115% | $603K | $423K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1918 | −0.015% | $269K | $18K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1916 | −0.119% | $12K | $283K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0151% | 4h | 0.1916 | −0.120% | $241K | $72K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0338% | 4h | 0.1916 | −0.115% | $314K | $609K | 20x | as long as short |
| Aster GRVTUSDT | +0.0563% | 4h | 0.1914 | −0.192% | $23K | $29K | 5x | 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 | +0.0630% | 4h | 0.1918 | long leg | — | $1.6M | — | |
| Extended GRVT-USD | +0.0736% | 1h | 0.1916 | −0.114% | $102K | $387K | 5x | as long as short |
| Binance GRVTUSDT | +0.0762% | 4h | 0.1917 | −0.052% | $5.3M | $2.8M | 25x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1318% | 4h | 0.1913 | −0.254% | $297K | $213K | 10x | as long as short |
BingX GRVT-USDT
Gate GRVT_USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Bitget GRVTUSDT
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
KuCoin GRVTUSDTM
Aster GRVTUSDT
Extended GRVT-USD
Binance GRVTUSDT
GRVT GRVT_USDT_Perp