KODEX200

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKKODEX2002USD-USDT	60.660	−0.3756	get 0.1878% / 4h	3h 45m	$954K	$717K	—	Long BingX
SHORT	GRVTKODEX200_USDT_Perp	60.379	−0.3804	pay 0.1902% / 4h	3h 45m	$426	$117K	10x	Short GRVT

Price gap−0.463%

Funding gap−0.0048% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.428% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$62−0.0048% /8h now · paid +0.620% over the last 7D

Price−$43spread −0.463% now, avg −0.035% → −0.428% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$19+0.19%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k ·

Price and funding

1h · history

Entry / 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−0.463%

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

/8h

KODEX200 on 9 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than GRVT’s order book right now.
Note: Margin at max leverage— + $1,000
BingX —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.44Long BingX: 6 payments, +$112.68; short GRVT: 6 payments, −$114.12.
Watch: Gap narrower than usual−0.463% vs −0.035%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$426 vs $954K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCBingX Yes · GRVT No
Advanced 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 out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0295%/8h × 21 periods+$62.01

Price spread−0.463% → −0.035% (7d avg)−$42.80

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee BingX bp × 2 orders−$10.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: BingX: live order book, 6 min ago; GRVT: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.8343.4 bp−$43438.0 bp−$4,380744.8 bp−$74.5K1106.1 bp−$553.0K

SELL · SHORTGRVT9.86doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.