Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: GRVT against BingX+0.030%54s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$220.219% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now +0.030%, 7d avg −0.004%
=Together, before fees+0.004%+ Points / potential airdropGRVT: Active · farm board$0 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 0.035% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAUT-USDT | 4,340.7 | 0.0100 | pay 0.0050% / 4h | 2h 44m | — | $17.7M | — |
| Short | GRVT XAUT_USDT_Perp | 4,342 | 0.0100 | get 0.0050% / 4h | 2h 44m | $630 | $116K | 10x |
BingX XAUT-USDT
GRVT XAUT_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: +0.030% → −0.004%
- $3.46
- Slippage, 4 orders
- −$2.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$18.46
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; GRVT: live order book, 41 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 | 0.14 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.9 bp −$1,089 | 55.6 bp −$27.8K |
| Sell GRVT live order book, 41 min ago | 1.33 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0252% | 1h | 4,342.6 | +0.044% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0198% | 4h | 4,338.9 | −0.041% | $26.4M | $15.1M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,341.6 | +0.020% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.072% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342 | +0.030% | $131.8M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0015% | 4h | 4,342.2 | +0.034% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,344 | +0.076% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,339.6 | −0.025% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0074% | 4h | 4,340.1 | −0.014% | $35.3M | $45.5M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,339.9 | −0.018% | $4.2M | $917K | 10x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,340.2 | −0.012% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341 | +0.007% | $351.0M | $275.6M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.1 | +0.032% | $11.5M | $3.3M | 75x | as long as short |
| BingX XAUT-USDTlong | +0.0100% | 4h | 4,340.7 | long leg | — | $17.7M | — | |
| GRVT XAUT_USDT_Perpshort | +0.0100% | 4h | 4,342 | +0.030% | $630 | $116K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341 | +0.007% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,341.5 | +0.018% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,346.5 | +0.134% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.014% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | +0.026% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT