Funding you earn now, next payment 08:00 UTC−0.0660%/8h= −72.3% APRnext payment −$3.30 per $10,000 · paid last 24h −0.072%
Price spread now: GRVT against BingX+0.148%54s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3343.335% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 7 days−0.194%−$19 · spread now +0.148%, 7d avg −0.031%
=Together, before fees−0.266%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.179% dearer against BingX than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.031%): +$18 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.072% in total) that is about 17 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.30 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 | BingX SAHARA-USDT | 0.009416 | 0.0760 | pay 0.0380% / 4h | 40m 43s | — | $2.3M | — |
| Short | GRVT SAHARA_USDT_Perp | 0.009430 | 0.0100 | get 0.0050% / 4h | 40m 43s | $142K | $3.3M | 10x |
BingX SAHARA-USDT
GRVT SAHARA_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
- −$138.6
- Price spread: +0.148% → −0.031%
- $17.9
- Slippage, 4 orders
- −$314.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$454.2
- Costs to cover
- 3.335%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; GRVT: live order book, 3 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, 7 min ago | 3.71 bp | 18.2 bp −$18 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 5.30 bp | 234.7 bp −$235 | 472.3 bp −$4,723 | doesn't fit | doesn't fit |
SAHARA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SAHARAUSDT | +0.0100% | 4h | 0.009413 | −0.032% | $4.5M | $4.8M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009420 | +0.042% | $188K | $60K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009401 | −0.159% | $1.5M | $234K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009410 | −0.064% | $277K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perpshort | +0.0100% | 4h | 0.009430 | +0.148% | $142K | $3.3M | 10x | |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009400 | −0.170% | $20K | $255K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009426 | +0.111% | $2K | $190K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0195% | 4h | 0.009419 | +0.032% | $1.0M | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDT | +0.0429% | 4h | 0.009416 | 0.000% | $1.9M | $1.4M | 20x | as long as short |
| Variational Omni SAHARA | +0.0541% | 4h | 0.009427 | +0.113% | $22K | $12K | — | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
Variational Omni SAHARAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAHARAUSDT | +0.0680% | 4h | 0.009413 | −0.031% | $62K | $19K | 5x | as long as short |
| BingX SAHARA-USDTlong | +0.0760% | 4h | 0.009416 | long leg | — | $2.3M | — | |
| Bitget SAHARAUSDT | +0.0794% | 4h | 0.009426 | +0.106% | $1.2M | $377K | 25x | as long as short |
Aster SAHARAUSDT
Bitget SAHARAUSDT