GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0814%/8h= −89.1% APRnext payment −$4.07 per $10,000 · paid last 24h −0.027%

Price spread now: MEXC against BingX+0.010%7-day average −0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.559%−$56 on $10k

Price spread, last 7 days−0.159%−$16 · spread now +0.010%, 7d avg −0.093%

Together, before fees−0.718%−$72 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.104% dearer against BingX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.093%): +$10 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.559% in total) that is about 31 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.559% in total (about -29.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1913	0.0914	pay 0.0457% / 4h	2h 36m	—	$1.7M	—
Short	MEXC GRVT_USDT	0.1913	0.0100	get 0.0050% / 4h	2h 36m	$3.6M	$128K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$170.94
Price spread: +0.010% → −0.093%: $10.37
Slippage, 4 orders: −$59.72
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$238.29
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 1 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	2.62 bp	25.6 bp −$26	117.0 bp −$1,170	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.26 bp	10.9 bp −$11	67.1 bp −$671	212.5 bp −$21.3K	737.0 bp −$368.5K

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
BloFin GRVT-USDT	+0.0045%	4h	0.1913	+0.010%	$239K	$72K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1912	−0.068%	$2.8M	$795K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1913	+0.026%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1906	−0.366%	$340K	$54K	20x	as long as short
MEXC GRVT_USDTshort	+0.0100%	4h	0.1913	+0.010%	$3.6M	$128K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1913	−0.026%	$603K	$406K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1914	+0.034%	$268K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1913	−0.026%	$12K	$281K	10x	as long as short
KuCoin GRVTUSDTM	+0.0550%	4h	0.1913	+0.010%	$314K	$587K	20x	as long as short
Aster GRVTUSDT	+0.0807%	4h	0.1910	−0.152%	$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
GRVT GRVT_USDT_Perp	+0.0862%	4h	0.1912	−0.055%	$301K	$215K	10x	as long as short
BingX GRVT-USDTlong	+0.0914%	4h	0.1913	long leg	—	$1.7M	—
Binance GRVTUSDT	+0.0982%	4h	0.1913	+0.023%	$5.3M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.0984%	1h	0.1913	+0.013%	$102K	$387K	5x	as long as short