Funding you earn now, next payment 04:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against GRVT+0.018%84s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as 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−$220.217% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.018%, 7d avg +0.004%
=Together, before fees−0.073%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 84 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 | GRVT XAUT_USDT_Perp | 4,344.6 | 0.0100 | pay 0.0050% / 4h | 28m 00s | $912 | $107K | 10x |
| Short | BingX XAUT-USDT | 4,345.4 | 0.0038 | get 0.0019% / 4h | 28m 00s | — | $17.8M | — |
GRVT XAUT_USDT_Perp
BingX XAUT-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
- −$13.02
- Price spread: +0.018% → +0.004%
- $1.43
- Slippage, 4 orders
- −$2.72
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.31
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; BingX: live order book, 10 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, 29 min ago | 1.23 bp | 5.7 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 0.13 bp | 5.1 bp −$5 | 6.7 bp −$67 | 11.3 bp −$1,128 | 35.1 bp −$17.6K |
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 | −0.0349% | 1h | 4,344.2 | −0.010% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,345 | +0.009% | $25.9M | $15.3M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0032% | 4h | 4,345.2 | +0.013% | $120.0M | $28.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0030% | 4h | 4,345.4 | +0.018% | $358.1M | $274.1M | 1000x | as long as short |
| Variational Omni XAUT | −0.0029% | 4h | 4,344.2 | −0.010% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,347 | +0.055% | $130.6M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.119% | $8K | $149K | 30x | as long as short |
| BingX XAUT-USDTshort | +0.0038% | 4h | 4,345.4 | +0.018% | — | $17.8M | — | |
| Binance XAUTUSDT | +0.0040% | 4h | 4,345 | +0.009% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,344.2 | −0.010% | $272K | $215K | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,344.9 | +0.006% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,345.3 | +0.014% | $4.2M | $964K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,347.2 | +0.059% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perplong | +0.0100% | 4h | 4,344.6 | long leg | $912 | $107K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,344.4 | −0.005% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,346.1 | +0.034% | $1.8M | $297K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,350.7 | +0.139% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,344 | −0.015% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0207% | 4h | 4,345.6 | +0.022% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,347.8 | +0.072% | $5.7M | $4.5M | 50x | as long as short |
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD