Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.132%
Price spread now: BingX against Bybit−0.138%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5375.369% of the position
Funding, last 7 days+0.763%+$76 on $10k
+Price spread, last 7 days+0.200%+$20 · spread now −0.138%, 7d avg +0.041%
=Funding pays, the price is against you. BingX is 0.180% cheaper against Bybit than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of +0.041%). If the spread goes back, that is −$18 on $10k: about 6.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.763% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRVTUSDT | 0.1883 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $2.8M | $780K | 20x |
| Short | BingX GRVT-USDT | 0.1880 | 0.0188 | get 0.0094% / 4h | 2h 08m | — | $1.6M | — |
Bybit GRVTUSDT
BingX GRVT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $18.48
- Price spread: −0.138% → +0.041%
- −$17.96
- Slippage, 4 orders
- −$515.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$536.4
- Costs to cover
- 5.369%
- Break-even
- 210.2 days
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 8 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 Bybit live order book, 4 min ago | 6.38 bp | 225.2 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 7.94 bp | 32.4 bp −$32 | 101.9 bp −$1,019 | doesn't fit | doesn't fit |
GRVT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDT | −0.0294% | 4h | 0.1880 | −0.138% | $331K | $60K | 20x | as long as short |
| MEXC GRVT_USDT | −0.0052% | 4h | 0.1883 | +0.011% | $3.5M | $136K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | −0.0051% | 4h | 0.1883 | +0.016% | $2.0M | $1.8M | 20x | as long as short |
| edgeX GRVTUSDC | −0.0050% | 4h | 0.1877 | −0.275% | $10K | $281K | 10x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1882 | −0.057% | $5.1M | $2.9M | 25x | as long as short |
| Bybit GRVTUSDTlong | +0.0100% | 4h | 0.1883 | long leg | $2.8M | $780K | 20x | |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1881 | −0.090% | $231K | $702K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1876 | −0.355% | $263K | $16K | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1877 | −0.297% | $289K | $193K | 10x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1881 | −0.082% | $102K | $425K | 5x | as long as short |
Gate GRVT_USDT
MEXC GRVT_USDT
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
Binance GRVTUSDT
KuCoin GRVTUSDTM
Variational Omni GRVT
GRVT GRVT_USDT_Perp
Extended GRVT-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRVTUSDT | +0.0112% | 4h | 0.1881 | −0.101% | $23K | $31K | 5x | as long as short |
| Bitget GRVTUSDT | +0.0168% | 4h | 0.1883 | +0.037% | $672K | $638K | 20x | as long as short |
| BingX GRVT-USDTshort | +0.0188% | 4h | 0.1880 | −0.138% | — | $1.6M | — |
Aster GRVTUSDT
Bitget GRVTUSDT