BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.2595%/8h= +284.2% APRnext payment +$25.95 per $10,000 · paid last 24h +0.213%

Price spread now: GRVT against Gate−0.050%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$207as in the Price arb table

costs, in and out, $10k−$2032.034% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.050%, 7d avg −0.016%

Together, before fees+0.022%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.016%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$78 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$25.95 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	Gate BX_USDT	126.84	0	get 0.0000% / 8h	7h 40m	$425K	$27K	20x
Short	GRVT BX_USDT_Perp	126.78	0.2595	get 0.2595% / 8h	7h 40m	$1K	$121K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now −0.050%Rate

Funding earned: $544.95
Price spread: −0.050% → −0.016%: −$3.48
Slippage, 4 orders: −$179.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $338.08
Costs to cover: 2.034%
Break-even: 2.7 days

Slippage from Gate: live order book, 30 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 Gate live order book, 30 min ago	5.13 bp	60.6 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 27 min ago	3.16 bp	28.0 bp −$28	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
Aster BXUSDT	0.0000%	8h	126.49	−0.272%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.60	−0.189%	$488K	$866K	25x	as long as short
QFEX BX-USD	0.0000%	1h	127.02	+0.142%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDTlong	0.0000%	8h	126.84	long leg	$425K	$27K	20x
Bitget BXUSDT	0.0000%	8h	126.70	−0.110%	$900K	$43K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.79	−0.039%	$882	$312K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.88	+0.032%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.72	+9.366%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0268%	8h	126.67	−0.134%	$164K	$112K	20x	as long as short
tradeXYZ xyz:BX	+0.0859%	1h	126.64	−0.158%	$669K	$196K	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	+0.1156%	8h	126.54	−0.237%	$112K	$1.1M	20x	as long as short
Variational Omni BX	+0.1286%	8h	126.72	−0.098%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1664%	8h	126.71	−0.102%	$797K	$480K	20x	as long as short
GRVT BX_USDT_Perpshort	+0.2595%	8h	126.78	−0.050%	$1K	$121K	10x