Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.060 | +0.0450 | pay 0.0450% / 8h | 58m 32s | $925K | $10.3M | — | Long BingX | |
| SHORT | 33.020 | +0.0080 | get 0.0080% / 8h | 58m 32s | $2K | $153K | 10x | Short GRVT |
Price gap−0.120%78s
Funding gap−0.0370% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.155% 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−$115−0.0370% /8h now · paid −1.151% over the last 7D
Price—spread −0.120%78s now · prices read too far apart to compare
Costs−$750.752% 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−0.120%
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
/8hEWZ on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size12.5 / 15.1 bpAt $10k entering GRVT costs 15.1 bp, fee and slippage, 1.2× BingX’s.
- 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: −$11.10Long BingX: 3 payments, −$13.50; short GRVT: 3 payments, +$2.40.
- Watch: Prices read 78 s apart−0.120% vs +0.035%Part of this gap may be the market moving.
- Watch: Short leg is thinner$2K vs $925K 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−0.0548%/8h × 21 periods−$115.08
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$56.18
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$190.26
price spread not counted: prices read too far apartCosts to cover0.752%Break-evennever at this rate
Slippage: BingX: live order book, 19 min ago; GRVT: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.5512.5 bp−$1316.2 bp−$16284.3 bp−$8,430738.0 bp−$369.0K
SELL · SHORTGRVT6.1115.1 bp−$15154.8 bp−$1,548doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 11:27 | Kraken Futures | Listing | new market PF_EWZUSD ($EWZ) seen by our collector |
| 10-20 16:58 | Extended | Listing | Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗ |
| 10-20 14:51 | Extended | Listing | new market EWZ-USD ($EWZ) seen by our collector |
| 10-05 03:15 | Backpack | Other | JUST IN: Flávio Bolsonaro finishes ahead of Lula in the first round of Brazil’s presidential election. The two advance to an Oct. 25 runoff. $EWZ +9.8% overnight. @Backpack on X ↗ |


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