Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against BingX+0.309%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.309% dearer against BingX than usual: you sell high and buy low, +$31 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OP-USDC | 0.1264 | 0.0100 | pay 0.0100% / 8h | 7h 42m | — | $1.6M | — |
| Short | GRVT OP_USDT_Perp | 0.1268 | 0.0100 | get 0.0100% / 8h | 7h 42m | $308K | $4.9M | 10x |
BingX OP-USDC
GRVT OP_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
- $0
- Price spread: +0.309% → 0.000%
- $30.86
- Slippage, 4 orders
- −$257.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$246.12
- Costs to cover
- 2.770%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; GRVT: live order book, 1 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, 9 min ago | 7.90 bp | 103.0 bp −$103 | 847.7 bp −$8,477 | 1145.9 bp −$114.6K | doesn't fit |
| Sell GRVT live order book, 1 min ago | 3.95 bp | 18.8 bp −$19 | 57.3 bp −$573 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1656% | 1h | 0.1261 | −0.237% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1267 | +0.237% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1262 | −0.158% | $21K | $64K | 50x | as long as short |
| Bybit OPUSDT | −0.0102% | 8h | 0.1264 | 0.000% | $18.4M | $26.0M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1266 | +0.174% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1267 | +0.237% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1267 | +0.210% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0052% | 8h | 0.1266 | +0.162% | $231K | $47K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0057% | 8h | 0.1267 | +0.237% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1267 | +0.229% | $284K | $946K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
Bybit OPUSDT
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1267 | +0.198% | $4.1M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1266 | +0.195% | $212K | $236K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | +0.079% | $20.5M | $62.1M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1265 | +0.040% | $6.1M | $29.9M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1265 | +0.111% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1265 | +0.103% | $20.2M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1266 | +0.158% | $2.9M | $7.2M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1265 | +0.079% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDClong | +0.0100% | 8h | 0.1264 | long leg | — | $1.6M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1266 | +0.142% | $121K | $189K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1267 | +0.253% | $4K | $392K | 10x | as long as short |
| GRVT OP_USDT_Perpshort | +0.0100% | 8h | 0.1268 | +0.309% | $308K | $4.9M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1267 | +0.237% | $43K | $723K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1266 | +0.182% | $186 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1267 | +0.269% | $175K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1265 | +0.070% | $102K | $304K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1267 | +0.224% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1266 | +0.142% | $1.0M | $281K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0383% | 1h | 0.1267 | +0.243% | $799K | $754K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1266 | +0.164% | $704 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP