Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.37 | +0.0466 | pay 0.0466% / 8h | 4h 10m | $952K | $2.1M | — | Long BingX | |
| SHORT | 137.54 | +0.0121 | get 0.0121% / 8h | 4h 10m | $3K | $131K | 10x | Short GRVT |
Price gap+0.124%
Funding gap−0.0345% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $10 a day and eats that in about 24 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$63−0.0345% /8h now · paid −0.634% over the last 7D
Price+$10spread +0.124% now, avg +0.020% → +0.104% if it goes back
Costs−$440.440% of $10k · taker + slippage, in and out
Result−$97−0.97%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.124%
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
/8hORCL on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest7.8 / 15.0 bp$10k is over 10% of GRVT’s open interest.
- 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: −$10.35Long BingX: 3 payments, −$13.98; short GRVT: 3 payments, +$3.63.
- OK: Entry gap works for you+0.124% vs +0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $952K 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−0.0302%/8h × 21 periods−$63.40
Price spread+0.124% → +0.020% (7d avg)+$10.42
Slippage, 4 orderslive order books−$25.00
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$96.98
Costs to cover0.440%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; GRVT: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.827.8 bp−$813.0 bp−$13040.3 bp−$4,026doesn’t fit
SELL · SHORTGRVT2.1815.0 bp−$1531.0 bp−$310doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 19:30 | Vest Markets | Other | Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-29 19:30 | Vest Markets | Other | Heading into the close, $ORCL is up around 4.2% with the launch of Fusion Claw, which adds 25 agentic applications. The company also introduced a native NetApp storage service on its cloud, with a full rollout planned within 12 months. The move puts the shares on pace to snap a four-day losing streak that had taken them about 11% lower. @VestExchange on X ↗ |
| 09-28 17:30 | Vest Markets | Other | Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗ |
| 09-27 09:40 | Kalshi | Other | JUST IN: Oracle reportedly gave Larry Ellison and co-CEOs nearly $1 billion in stock options that "had no value" by fiscal year-end @Kalshi on X ↗ |
| 09-25 03:59 | Kalshi | Other | JUST IN: Oracle's "investment grade" bond closed at 8.10%, in line with B3/B- junk @Kalshi on X ↗ |
| 09-24 13:30 | Vest Markets | Other | $ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |


Kalshi