GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1238%/8h= +135.6% APRnext payment +$6.19 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against OKX−0.052%7-day average +0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1091.090% of the position

Long on OKX Short on BingX

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+0.267%+$27 · spread now −0.052%, 7d avg +0.095%

Together, before fees+0.827%+$83 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.147% cheaper against OKX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.095%). If the spread goes back, that is −$15 on $10k: about 9 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.560% in total) that is about 44 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 +$6.19 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	OKX GRVT-USDT-SWAP	0.1919	0.0100	pay 0.0050% / 4h	28m 15s	$2.0M	$1.8M	20x
Short	BingX GRVT-USDT	0.1918	0.1338	get 0.0669% / 4h	28m 15s	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $259.98
Price spread: −0.052% → +0.095%: −$14.67
Slippage, 4 orders: −$89.05
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $136.26
Costs to cover: 1.090%
Break-even: 3.3 days

Slippage from OKX: live order book, 4 min ago; BingX: live order book, 4 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 OKX live order book, 4 min ago	1.56 bp	19.1 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	7.82 bp	29.4 bp −$29	98.2 bp −$982	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
Bybit GRVTUSDT	+0.0100%	4h	0.1919	+0.010%	$2.8M	$857K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0100%	4h	0.1919	long leg	$2.0M	$1.8M	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1920	+0.031%	$3.6M	$131K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1921	+0.104%	$671K	$484K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1920	+0.051%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1920	+0.050%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0134%	4h	0.1920	+0.057%	$239K	$66K	20x	as long as short
Gate GRVT_USDT	+0.0734%	4h	0.1917	−0.104%	$340K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.1030%	4h	0.1917	−0.083%	$249K	$659K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1168%	4h	0.1919	0.000%	$302K	$191K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDTshort	+0.1338%	4h	0.1918	−0.052%	—	$1.6M	—
Binance GRVTUSDT	+0.1365%	4h	0.1918	−0.032%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1368%	1h	0.1918	−0.068%	$103K	$387K	5x	as long as short
Aster GRVTUSDT	+0.1444%	4h	0.1919	−0.019%	$24K	$32K	5x	as long as short