Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.190 | +0.0050 | pay 0.0050% / 8h | 1h 53m | $901K | $1.3M | — | Long BingX | |
| SHORT | 19.200 | +0.0100 | get 0.0100% / 8h | 1h 53m | $551 | $133K | 10x | Short GRVT |
Price gap+0.054%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.083% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45+0.0050% /8h now · paid −0.454% over the last 7D
Price+$8spread +0.054% now, avg −0.029% → +0.083% if it goes back
Costs−$950.951% of $10k · taker + slippage, in and out
Result−$132−1.32%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.054%
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
/8hKSTR on 15 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size17.2 / 14.9 bpAt $10k entering BingX costs 17.2 bp, fee and slippage, 1.2× GRVT’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: +$1.50Long BingX: 3 payments, −$1.50; short GRVT: 3 payments, +$3.00.
- OK: Entry gap works for you+0.054% vs −0.029%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$551 vs $901K 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−0.0216%/8h × 21 periods−$45.39
Price spread+0.054% → −0.029% (7d avg)+$8.29
Slippage, 4 orderslive order books−$76.11
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$132.21
Costs to cover0.951%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; GRVT: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX7.7917.2 bp−$1736.2 bp−$362102.4 bp−$10.2K872.9 bp−$436.5K
SELL · SHORTGRVT10.3814.9 bp−$1595.6 bp−$956doesn’t fitdoesn’t fit
Closing costs about the same again.
OKX