Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 60.170 | −0.5372 | get 0.2686% / 4h | 3h 51m | $91 | $117K | 10x | Long GRVT | |
| SHORT | 60.130 | −0.3686 | pay 0.1843% / 4h | 3h 51m | $954K | $715K | — | Short BingX |
Price gap−0.067%
Funding gap+0.1686% /8h
Funding pays +$51 a day on $10k, but the gap is 0.101% under its 7d average: −$10 if it goes back, about 5 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$62+0.1686% /8h now · paid −0.620% over the last 7D
Price−$10spread −0.067% now, avg +0.035% → −0.101% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$72−0.72%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k ·
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.620% in total, about −0.0295%/8h on average.
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−0.067%
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
/8hKODEX200 on 9 exchanges
lowest funding firstBefore 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 + —GRVT 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$50.58Long GRVT: 6 payments, +$161.16; short BingX: 6 payments, −$110.58.
- Watch: Gap narrower than usual−0.067% vs +0.035%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$91 vs $954K 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−0.0295%/8h × 21 periods−$62.01
Price spread−0.067% → +0.035% (7d avg)−$10.13
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: GRVT: live order book, 29 min ago; BingX: live order book, 75 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT9.86doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX37.89114.0 bp−$114444.2 bp−$4,442618.0 bp−$61.8K951.9 bp−$476.0K
Closing costs about the same again.

