Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,091.5 | +0.0100 | pay 0.0050% / 4h | 2h 41m | $980K | $1.3M | — | Long BingX | |
| SHORT | 1,091.3 | +0.0330 | get 0.0165% / 4h | 2h 41m | $655 | $115K | 10x | Short GRVT |
Price gap−0.016%
Funding gap+0.0230% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.032% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12+0.0230% /8h now · paid +0.123% over the last 7D
Price+$3spread −0.016% now, avg −0.047% → +0.032% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$15+0.15%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.123% in total, about +0.0058%/8h on average.
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−0.016%
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
/8hSAMSUNGEM on 9 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than GRVT’s order book right now.
- 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$6.90Long BingX: 6 payments, −$3.00; short GRVT: 6 payments, +$9.90.
- OK: Entry gap works for you−0.016% vs −0.047%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$655 vs $980K 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+0.0058%/8h × 21 periods+$12.26
Price spread−0.016% → −0.047% (7d avg)+$3.17
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 3 min ago; GRVT: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX12.3132.4 bp−$32147.4 bp−$1,474772.7 bp−$77.3K1057.8 bp−$528.9K
SELL · SHORTGRVT8.48doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

