Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 107.89 | +0.0113 | pay 0.0113% / 8h | 1h 53m | $916K | $1.6M | — | Long BingX | |
| SHORT | 107.66 | 0 | 0.0000% / 8h | 1h 53m | $2K | $179K | 10x | Short GRVT |
Price gap−0.209%
Funding gap−0.0113% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.210% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$21−0.0113% /8h now · paid −0.210% over the last 7D
Price−$21spread −0.209% now, avg +0.001% → −0.210% if it goes back
Costs−$430.426% of $10k · taker + slippage, in and out
Result−$85−0.85%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.209%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCBRS on 30 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest9.2 / 9.9 bp$10k is over 10% of GRVT’s open interest.
- Note: Margin at max leverage— + $1,000BingX —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$3.39Long BingX: 3 payments, −$3.39; short GRVT: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.209% vs +0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2K vs $916K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · GRVT NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0100%/8h × 21 periods−$21.04
Price spread−0.209% → +0.001% (7d avg)−$21.01
Slippage, 4 orderslive order books−$23.61
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$84.66
Costs to cover0.426%Break-evennever at this rate
Slippage: BingX: live order book, 17 min ago; GRVT: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.389.2 bp−$914.9 bp−$14964.1 bp−$6,414595.3 bp−$297.6K
SELL · SHORTGRVT5.429.9 bp−$1039.2 bp−$392doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-12 17:30 | Vest Markets | Other | Cerebras is trading below its $185 IPO price, with $CBRS down around 10% on the session at a new 52-week low. CEO Andrew Feldman and CTO Sean Lie have sold over $240 million of stock since August, under trading plans adopted after the IPO. Up to 19.4 million more $CBRS shares unlock Wednesday, with another tranche due Oct. 28, and the lock-up fully expiring no later than Nov. 9. @VestExchange on X ↗ |
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