Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0190 | +0.0616 | pay 0.0308% / 4h | 3h 55m | $979K | $2.5M | — | Long BingX | |
| SHORT | 3.0323 | +0.0348 | get 0.0174% / 4h | 3h 55m | $15K | $193K | 25x | Short GRVT |
Price gap+0.439%99s
Funding gap−0.0268% /8h
The gap pays +$42 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 5.2 days.
The two prices were read 99 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−$45−0.0268% /8h now · paid −0.449% over the last 7D
Price—spread +0.439%99s now · prices read too far apart to compare
Costs−$340.343% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.439%
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
/8hNATGAS on 26 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest6.7 / 10.3 bp$10k is over 10% of GRVT’s open interest.
- Note: Margin at max leverage— + $400BingX —, GRVT 25x. 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: −$8.04Long BingX: 6 payments, −$18.48; short GRVT: 6 payments, +$10.44.
- Watch: Prices read 99 s apart+0.439% vs +0.024%Part of this gap may be the market moving.
- Watch: Short leg is thinner$15K vs $979K 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−0.0214%/8h × 21 periods−$44.86
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$15.25
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$79.11
price spread not counted: prices read too far apartCosts to cover0.343%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; GRVT: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.656.7 bp−$712.0 bp−$12034.0 bp−$3,39689.0 bp−$44.5K
SELL · SHORTGRVT3.2910.3 bp−$1028.4 bp−$284doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($NATGAS) seen by our collector |
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |


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