Funding you earn now, next payment 00:00 UTC−0.0360%/8h= −39.4% APRnext payment −$1.80 per $10,000 · paid last 24h −0.174%
Price spread now: BingX against GRVT+0.338%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2552.546% of the position
Funding, last 7 days−2.322%−$232 on $10k
+Price spread, last 3 days (all we have)−0.508%−$51 · spread now +0.338%, 7d avg +0.038%
=Together, before fees−2.830%+ Points / potential airdropGRVT: Active · farm board−$283 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.300% dearer against GRVT than usual: you sell high and buy low (spread +0.338% now, against its 7-day average of +0.038%): +$30 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−2.322% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LA_USDT_Perp | 0.07390 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $145K | $478K | 10x |
| Short | BingX LA-USDT | 0.07415 | −0.0260 | pay 0.0130% / 4h | 3h 06m | — | $6.6M | — |
GRVT LA_USDT_Perp
BingX LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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
- −$75.6
- Price spread: +0.338% → +0.038%
- $30
- Slippage, 4 orders
- −$235.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$300.2
- Costs to cover
- 2.546%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 20 min ago; BingX: live order book, 19 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 GRVT live order book, 20 min ago | 6.74 bp | 87.9 bp −$88 | 197.9 bp −$1,979 | doesn't fit | doesn't fit |
| Sell BingX live order book, 19 min ago | 3.37 bp | 13.9 bp −$14 | 24.0 bp −$240 | 709.7 bp −$71.0K | 1264.6 bp −$632.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0966% | 4h | 0.07411 | +0.284% | $247K | $802K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0410% | 4h | 0.07405 | +0.203% | $1.0M | $59K | 30x | as long as short |
| BingX LA-USDTshort | −0.0260% | 4h | 0.07415 | +0.338% | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0247% | 4h | 0.07418 | +0.379% | $1.3M | $2.7M | 20x | as long as short |
| Bitget LAUSDT | −0.0244% | 4h | 0.07413 | +0.311% | $2.0M | $520K | 25x | as long as short |
| Aster LAUSDT | −0.0166% | 4h | 0.07406 | +0.221% | $52K | $8K | 5x | as long as short |
| BloFin LA-USDT | −0.0153% | 4h | 0.07407 | +0.230% | $253K | $19K | 25x | as long as short |
| Binance LAUSDT | −0.0151% | 4h | 0.07417 | +0.367% | $4.7M | $8.3M | 25x | as long as short |
| MEXC LA_USDT | −0.0150% | 4h | 0.07417 | +0.365% | $399K | $143K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07418 | +0.379% | $2.3M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perplong | +0.0100% | 4h | 0.07390 | long leg | $145K | $478K | 10x |