Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 239.91 | +0.0224 | pay 0.0224% / 8h | 1h 43m | $10K | $114K | 10x | Long GRVT | |
| SHORT | 240.53 | +0.0271 | get 0.0271% / 8h | 1h 43m | $994K | $2.4M | — | Short BingX |
Price gap+0.260%99s
Funding gap+0.0047% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.245% above its 7d average: +$25 more if it goes back.
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+$12+0.0047% /8h now · paid +0.117% over the last 7D
Price—spread +0.260%99s now · prices read too far apart to compare
Costs−$410.410% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.260%
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
/8hNBIS on 33 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest11.8 / 6.8 bp$10k is over 10% of GRVT’s open interest.
- 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: +$1.41Long GRVT: 3 payments, −$6.72; short BingX: 3 payments, +$8.13.
- Watch: Prices read 99 s apart+0.260% vs +0.014%Part of this gap may be the market moving.
- Watch: Long leg is thinner$10K vs $994K 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+0.0056%/8h × 21 periods+$11.71
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$22.02
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$29.31
price spread not counted: prices read too far apartCosts to cover0.410%Break-even24.5 days
Slippage: GRVT: live order book, 17 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT4.7411.8 bp−$1223.3 bp−$233doesn’t fitdoesn’t fit
SELL · SHORTBingX0.216.8 bp−$715.2 bp−$15247.1 bp−$4,714366.5 bp−$183.2K
Closing costs about the same again.
| 09-24 16:13 | Entropy | Other | $NBIS max leverage has been increased to 15x. @entropyIO on X ↗ |
| 09-24 15:30 | Vest Markets | Other | Trade $NBIS volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-24 15:30 | Vest Markets | Other | $NBIS is drawing buyers on its October 1 AI compute price increases, with the stock up around 6% on the session. The increases run 17% to 21% on on-demand $NVDA GPU instances, covering the H100 through B300 lines, the second round in three months. BNP Paribas Exane raised its rating to Outperform today, with a $399 price target, from $260, citing that pricing power. @VestExchange on X ↗ |
| 09-22 19:31 | Vest Markets | Other | Heading into the close, CoreWeave's Remote Key Encryption counts $IBM as a launch partner, with $CRWV up around 1.6%. Rothschild & Co Redburn started $CRWV at Sell with a $54 price target, and $NBIS at Sell with an $84 price target, alongside six AI-focused miners at Neutral. Trade $CRWV volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 09-21 16:30 | Vest Markets | Other | AI cloud names are extending last week's rally, with $NBIS up around 4.4% on the session. Rothschild & Co Redburn started coverage at Sell, flagging cyclically inflated AI valuations and credit-market stress for the neocloud group. $NBIS has still added about 118% over the past twelve months, and trades about 22% below its 52-week high. @VestExchange on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market NBIS/USD ($NBIS) seen by our collector |
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