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: OKX against BingX+0.026%7-day average −0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.560%−$56 on $10k

Price spread, last 7 days−0.159%−$16 · spread now +0.026%, 7d avg −0.095%

Together, before fees−0.719%−$72 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.122% dearer against BingX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.095%): +$12 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.560% in total) that is about 36 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.560% in total (about -29.2% 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	OKX GRVT-USDT-SWAP	0.1913	0.0100	get 0.0050% / 4h	2h 36m	$2.0M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$170.94
Price spread: +0.026% → −0.095%: $12.15
Slippage, 4 orders: −$89.07
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$267.86
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; OKX: live order book, 5 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 OKX live order book, 5 min ago	0.26 bp	34.6 bp −$35	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
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-SWAPshort	+0.0100%	4h	0.1913	+0.026%	$2.0M	$1.8M	20x
Gate GRVT_USDT	+0.0100%	4h	0.1906	−0.366%	$340K	$54K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1913	+0.016%	$3.6M	$128K	20x	as long as short
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	+0.0542%	4h	0.1913	0.000%	$313K	$587K	20x	as long as short
Aster GRVTUSDT	+0.0807%	4h	0.1910	−0.146%	$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	—
Extended GRVT-USD	+0.0976%	1h	0.1913	−0.011%	$102K	$387K	5x	as long as short
Binance GRVTUSDT	+0.0982%	4h	0.1913	0.000%	$5.3M	$2.8M	25x	as long as short