BX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0872%/8h= +95.5% APRnext payment +$8.72 per $10,000 · paid last 24h −0.004%

Price spread now: GRVT against Binance−0.005%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4,434as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4,420as in the Price arb table

costs, in and out, $10k−$4,42044.195% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 2 days (all we have)−0.050%−$5 · spread now −0.005%, 7d avg +0.004%

Together, before fees−0.191%+ Points / potential airdropGRVT: Active · farm board−$19 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: +$26 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.72 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	Binance BXUSDT	126.51	0.0957	pay 0.0957% / 8h	1h 33m	$804K	$454K	20x
Short	GRVT BX_USDT_Perp	126.50	0.1829	get 0.1829% / 8h	1h 33m	$1K	$126K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now −0.005%Rate

Funding earned: $183.22
Price spread: −0.005% → +0.004%: −$0.95
Slippage, 4 orders: −$4,400.52
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$4,237.25
Costs to cover: 44.195%
Break-even: 168.9 days

Slippage from Binance: live order book, 29 min ago; GRVT: live order book, 48 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 Binance live order book, 29 min ago	1.58 bp	23.6 bp −$24	120.8 bp −$1,208	doesn't fit	doesn't fit
Sell GRVT live order book, 48 min ago	4.75 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit

BX on 14 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
QFEX BX-USD	−0.0080%	1h	131.43	+3.892%	$1.1M	$1.3M	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.23	−0.216%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.45	−0.044%	$499K	$856K	25x	as long as short
Gate BX_USDT	0.0000%	8h	126.40	−0.084%	$424K	$20K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.52	+0.011%	$903K	$46K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.53	+0.019%	$1K	$300K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.54	+0.027%	$7K	$3K	20x	as long as short
OKX BX-USDT-SWAP	+0.0066%	8h	126.37	−0.108%	$159K	$101K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	126.23	−0.218%	$1K	$27K	12x	as long as short
tradeXYZ xyz:BX	+0.0556%	1h	126.42	−0.068%	$664K	$177K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.0656%	8h	126.44	−0.052%	$112K	$1.1M	20x	as long as short
Variational Omni BX	+0.0664%	8h	126.53	+0.018%	$31K	$127	—	as long as short
Binance BXUSDTlong	+0.0957%	8h	126.51	long leg	$804K	$454K	20x
GRVT BX_USDT_Perpshort	+0.1829%	8h	126.50	−0.005%	$1K	$126K	10x