Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 264.26 | −0.0298 | get 0.0298% / 8h | 3h 36m | $1K | $112K | 10x | Long GRVT | |
| SHORT | 264.60 | −0.0602 | pay 0.0602% / 8h | 3h 36m | — | $1.2M | — | Short BingX |
Price gap+0.128%63s
Funding gap−0.0304% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 32 hours. At the last 7 days' pace that is about 3.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$25−0.0304% /8h now · paid −0.246% over the last 7D
Price—spread +0.128%63s now · prices read too far apart to compare
Costs−$760.765% of $10k · taker + slippage, in and out
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+0.128%
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
/8hCRWD on 19 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size21.7 / 22.3 bpAt $10k entering BingX costs 22.3 bp, fee and slippage, 1.0× GRVT’s.
- Note: Margin at max leverage$1,000 + —GRVT 10x, BingX —. 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: −$9.12Long GRVT: 3 payments, +$8.94; short BingX: 3 payments, −$18.06.
- Watch: Prices read 63 s apart+0.128% vs +0.004%Part of this gap may be the market moving.
- Note: Open interest unknown$1K vs — OIBingX reports no open interest, so the legs cannot be compared.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · BingX YesAdvanced 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−0.0117%/8h × 21 periods−$24.61
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$57.46
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$101.07
price spread not counted: prices read too far apartCosts to cover0.765%Break-evennever at this rate
Slippage: GRVT: live order book, 6 min ago; BingX: live order book, 33 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT3.2221.7 bp−$22doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX10.7722.3 bp−$2259.1 bp−$591199.0 bp−$19.9K810.9 bp−$405.4K
Closing costs about the same again.
BloFin