Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against BingX−0.643%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2192.187% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.988%+$99 · spread now −0.643%, 7d avg +0.022%
=Together, before fees+0.990%+ Points / potential airdropGRVT: Active · farm board+$99 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.665% cheaper against BingX than usual: you would sell low and buy high, −$66 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01188 | 0.0100 | pay 0.0050% / 4h | 30m 53s | — | $6.8M | — |
| Short | GRVT W_USDT_Perp | 0.01181 | 0.0100 | get 0.0050% / 4h | 30m 53s | $127K | $422K | 10x |
BingX W-USDT
GRVT W_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: −0.643% → +0.022%
- −$66.48
- Slippage, 4 orders
- −$199.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$285.16
- Costs to cover
- 2.187%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; GRVT: live order book, 27 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, 6 min ago | 5.51 bp | 24.4 bp −$24 | 64.6 bp −$646 | 636.9 bp −$63.7K | 1080.2 bp −$540.1K |
| Sell GRVT live order book, 27 min ago | 8.46 bp | 106.8 bp −$107 | 161.1 bp −$1,611 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0086% | 1h | 0.01189 | +0.025% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.733% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01188 | −0.034% | $2.0M | $344K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01189 | +0.009% | $3.0M | $6.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01188 | −0.050% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01187 | −0.126% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01189 | +0.093% | $450K | $229K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01189 | +0.034% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01184 | −0.370% | $382K | $214K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01189 | +0.050% | $1.3M | $581K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01188 | long leg | — | $6.8M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01186 | −0.198% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perpshort | +0.0100% | 4h | 0.01181 | −0.643% | $127K | $422K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01188 | −0.053% | $60K | $231K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01190 | +0.109% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0565% | 1h | 0.01190 | +0.168% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1679% | 1h | 0.01191 | +0.210% | $148K | $183K | 20x | as long as short |
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD