Funding you earn now, next payment 08:00 UTC+0.0234%/8h= +25.6% APRnext payment +$1.17 per $10,000 · paid last 24h +0.226%
Price spread now: GRVT against BingX−0.097%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
Funding, last 7 days+2.202%+$220 on $10k
+Price spread, last 4 days (all we have)+0.439%+$44 · spread now −0.097%, 7d avg −0.056%
=Together, before fees+2.641%+ Points / potential airdropGRVT: Active · farm board+$264 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.041% cheaper against BingX than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.056%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+2.202% in total) that is about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07499 | −0.0134 | get 0.0067% / 4h | 14m 50s | — | $6.6M | — |
| Short | GRVT LA_USDT_Perp | 0.07492 | 0.0100 | get 0.0050% / 4h | 14m 50s | $146K | $442K | 10x |
BingX LA-USDT
GRVT LA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BingX. 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
- $49.14
- Price spread: −0.097% → −0.056%
- −$4.13
- Slippage, 4 orders
- −$180.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$154.25
- Costs to cover
- 1.993%
- Break-even
- 29.0 days
Slippage from BingX: live order book, 2 min ago; GRVT: live order book, 23 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, 2 min ago | 0.67 bp | 11.9 bp −$12 | 25.7 bp −$257 | 678.0 bp −$67.8K | 1167.9 bp −$583.9K |
| Sell GRVT live order book, 23 min ago | 6.69 bp | 79.7 bp −$80 | 386.4 bp −$3,864 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDTlong | −0.0134% | 4h | 0.07499 | long leg | — | $6.6M | — | |
| Bitget LAUSDT | −0.0112% | 4h | 0.07494 | −0.067% | $2.1M | $431K | 25x | as long as short |
| KuCoin LAUSDTM | −0.0024% | 4h | 0.07501 | +0.027% | $1.0M | $77K | 30x | as long as short |
| Gate LA_USDT | −0.0012% | 4h | 0.07500 | +0.013% | $226K | $815K | 50x | as long as short |
| Aster LAUSDT | +0.0009% | 4h | 0.07499 | +0.003% | $52K | $24K | 5x | as long as short |
| MEXC LA_USDT | +0.0094% | 4h | 0.07501 | +0.027% | $382K | $137K | 50x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07498 | −0.013% | $4.8M | $9.0M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07501 | +0.027% | $2.4M | $2.4M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07496 | −0.040% | $1.4M | $2.7M | 20x | as long as short |
| GRVT LA_USDT_Perpshort | +0.0100% | 4h | 0.07492 | −0.097% | $146K | $442K | 10x |
Bitget LAUSDT
KuCoin LAUSDTM
Gate LA_USDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0145% | 4h | 0.07501 | +0.027% | $250K | $20K | 25x | as long as short |
BloFin LA-USDT