Funding you earn now, next payment 04:00 UTC+0.0736%/8h= +80.6% APRnext payment +$3.68 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against GRVT−0.140%99s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as 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−$3083.082% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.140%, 7d avg +0.027%
=Together, before fees+0.147%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.167% cheaper against GRVT than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.027%). If the spread goes back, that is −$17 on $10k: about 18 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.034% in total) that is about 35 days. The two prices were read 99 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 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.68 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 | GRVT SAHARA_USDT_Perp | 0.009360 | 0.0100 | pay 0.0050% / 4h | 25m 55s | $136K | $2.6M | 10x |
| Short | BingX SAHARA-USDT | 0.009347 | 0.0836 | get 0.0418% / 4h | 25m 55s | — | $2.3M | — |
GRVT SAHARA_USDT_Perp
BingX SAHARA-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
- $154.56
- Price spread: −0.140% → +0.027%
- −$16.73
- Slippage, 4 orders
- −$289.16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$170.33
- Costs to cover
- 3.082%
- Break-even
- 14.7 days
Slippage from GRVT: live order book, 3 min ago; BingX: live order book, 7 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, 3 min ago | 10.69 bp | 166.5 bp −$166 | 416.7 bp −$4,167 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.28 bp | 22.3 bp −$22 | 63.2 bp −$632 | 1056.6 bp −$105.7K | 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 | 0.009343 | −0.183% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009340 | −0.215% | $192K | $56K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009345 | −0.161% | $1.4M | $235K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009340 | −0.215% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perplong | +0.0100% | 4h | 0.009360 | long leg | $136K | $2.6M | 10x | |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009320 | −0.428% | $16K | $258K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009342 | −0.190% | $1K | $216K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0462% | 4h | 0.009354 | −0.065% | $970K | $1.1M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0616% | 4h | 0.009334 | −0.281% | $61K | $19K | 5x | as long as short |
| Bitget SAHARAUSDT | +0.0758% | 4h | 0.009363 | +0.031% | $1.2M | $393K | 25x | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Aster SAHARAUSDT
Bitget SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDTshort | +0.0836% | 4h | 0.009347 | −0.140% | — | $2.3M | — | |
| Variational Omni SAHARA | +0.0855% | 4h | 0.009349 | −0.121% | $22K | $12K | — | as long as short |
| Bybit SAHARAUSDT | +0.0888% | 4h | 0.009348 | −0.129% | $1.9M | $1.3M | 20x | as long as short |
Variational Omni SAHARA
Bybit SAHARAUSDT