Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.133%
Price spread now: BingX against Bitget−0.032%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
Funding, last 7 days+0.765%+$76 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.032%, 7d avg +0.023%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.054% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.765%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRVTUSDT | 0.1878 | 0.0116 | pay 0.0058% / 4h | 1h 19m | $665K | $656K | 20x |
| Short | BingX GRVT-USDT | 0.1877 | 0.0106 | get 0.0053% / 4h | 1h 19m | — | $1.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- −$2.1
- Price spread: −0.032% → +0.023%
- −$5.45
- Slippage, 4 orders
- −$98.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$127.96
- Costs to cover
- 1.204%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 41 min ago; BingX: live order book, 3 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 Bitget live order book, 41 min ago | 6.11 bp | 29.8 bp −$30 | 524.0 bp −$5,240 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.99 bp | 30.8 bp −$31 | 122.7 bp −$1,227 | 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 | +0.0066% | 4h | 0.1879 | +0.059% | $237K | $64K | 20x | as long as short |
| Aster GRVTUSDT | +0.0100% | 4h | 0.1875 | −0.138% | $23K | $28K | 5x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1876 | −0.110% | $5.1M | $2.9M | 25x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1877 | −0.011% | $2.8M | $790K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1877 | −0.053% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1874 | −0.192% | $330K | $63K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1876 | −0.101% | $3.5M | $135K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1876 | −0.085% | $229K | $634K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1878 | +0.037% | $263K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1878 | −0.003% | $10K | $282K | 10x | 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 | +0.0100% | 4h | 0.1878 | +0.012% | $290K | $193K | 10x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1875 | −0.164% | $102K | $421K | 5x | as long as short |
| BingX GRVT-USDTshort | +0.0106% | 4h | 0.1877 | −0.032% | — | $1.6M | — | |
| Bitget GRVTUSDTlong | +0.0116% | 4h | 0.1878 | long leg | $665K | $656K | 20x |
Bitget GRVTUSDT
BingX GRVT-USDT
BloFin GRVT-USDT
Aster GRVTUSDT
Binance GRVTUSDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
Extended GRVT-USD