Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.262 | +0.0100 | pay 0.0100% / 8h | 2h 51m | $129 | $134K | 10x | Long GRVT | |
| SHORT | 19.270 | +0.0050 | get 0.0050% / 8h | 2h 51m | $901K | $1.3M | — | Short BingX |
Price gap+0.042%
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
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+$1spread +0.042% now, avg +0.028% → +0.014% if it goes back
Costs−$950.952% of $10k · taker + slippage, in and out
Result−$48−0.48%+ 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+0.042%
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
2 ok · 3 to watch- Watch: Thin at this size27.6 / 17.1 bpAt $10k entering GRVT costs 27.6 bp, fee and slippage, 1.6× BingX’s.
- 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: −$1.50Long GRVT: 3 payments, −$3.00; short BingX: 3 payments, +$1.50.
- Note: Gap at its usual level+0.042% vs +0.028%The price leg adds little either way.
- Watch: Long leg is thinner$129 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: 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+0.0216%/8h × 21 periods+$45.39
Price spread+0.042% → +0.028% (7d avg)+$1.36
Slippage, 4 orderslive order books−$76.21
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$48.45
Costs to cover0.952%Break-even14.5 days
Slippage: GRVT: live order book, 60 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT7.7727.6 bp−$2866.0 bp−$660doesn’t fitdoesn’t fit
SELL · SHORTBingX7.7817.1 bp−$1744.1 bp−$441158.7 bp−$15.9K761.1 bp−$380.5K
Closing costs about the same again.
OKX