Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.084%
Price spread now: KuCoin against BingX−0.183%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$4824.823% of the position
Funding, last 7 days−0.564%−$56 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.183%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRVT-USDT | 0.1863 | 0.0120 | pay 0.0060% / 4h | 48m 35s | — | $1.6M | — |
| Short | KuCoin GRVTUSDTM | 0.1860 | 0.0100 | get 0.0050% / 4h | 48m 35s | $226K | $634K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.2
- Price spread: −0.183% → −0.119%
- −$6.31
- Slippage, 4 orders
- −$460.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$492.81
- Costs to cover
- 4.823%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 35 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, 13 min ago | 8.02 bp | 27.0 bp −$27 | 159.8 bp −$1,598 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 7.46 bp | 194.7 bp −$195 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GRVTUSDT | +0.0100% | 4h | 0.1865 | +0.083% | $23K | $28K | 5x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1861 | −0.126% | $5.0M | $2.9M | 25x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1862 | −0.032% | $2.8M | $803K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1861 | −0.086% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1859 | −0.215% | $327K | $61K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1861 | −0.123% | $3.5M | $134K | 20x | as long as short |
| KuCoin GRVTUSDTMshort | +0.0100% | 4h | 0.1860 | −0.183% | $226K | $634K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1872 | +0.457% | $262K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1870 | +0.395% | $10K | $281K | 10x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1872 | +0.483% | $289K | $193K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRVT-USDT | +0.0100% | 4h | 0.1868 | +0.284% | $237K | $56K | 20x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1861 | −0.131% | $100K | $417K | 5x | as long as short |
| Bitget GRVTUSDT | +0.0116% | 4h | 0.1860 | −0.140% | $643K | $656K | 20x | as long as short |
| BingX GRVT-USDTlong | +0.0120% | 4h | 0.1863 | long leg | — | $1.6M | — |
BingX GRVT-USDT
KuCoin GRVTUSDTM
Aster GRVTUSDT
Binance GRVTUSDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
BloFin GRVT-USDT
Extended GRVT-USD
Bitget GRVTUSDT