Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 343.85 | 0 | 0.0000% / 8h | 4h 42m | $14K | $456K | 10x | Long GRVT | |
| SHORT | 343.86 | +0.0040 | get 0.0040% / 8h | 4h 42m | $936K | $7.1M | — | Short BingX |
Price gap+0.003%84s
Funding gap+0.0040% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
The two prices were read 84 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$40+0.0040% /8h now · paid +0.402% over the last 7D
Price—spread +0.003%84s now · prices read too far apart to compare
Costs−$230.228% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.003%
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
/8hGOOGL on 37 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest5.4 / 5.4 bp$10k is over 10% of GRVT’s open interest.
- 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: +$1.20Long GRVT: 3 payments, $0.00; short BingX: 3 payments, +$1.20.
- Watch: Prices read 84 s apart+0.003% vs −0.003%Part of this gap may be the market moving.
- Watch: Long leg is thinner$14K vs $936K OIGRVT sets your exit cost. Check its book before closing.
- 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+0.0191%/8h × 21 periods+$40.16
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$3.81
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$17.35
price spread not counted: prices read too far apartCosts to cover0.228%Break-even4.0 days
Slippage: GRVT: live order book, 35 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT0.875.4 bp−$58.4 bp−$84doesn’t fitdoesn’t fit
SELL · SHORTBingX0.445.4 bp−$56.7 bp−$6712.7 bp−$1,26547.3 bp−$23.7K
Closing costs about the same again.
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