Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,092.4 | +0.0168 | pay 0.0084% / 4h | 1h 57m | $699 | $116K | 10x | Long GRVT | |
| SHORT | 1,092.9 | +0.0100 | get 0.0050% / 4h | 1h 57m | $980K | $1.2M | — | Short BingX |
Price gap+0.043%
Funding gap−0.0068% /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−$12−0.0068% /8h now · paid −0.123% over the last 7D
Price$0spread +0.043% now, avg +0.047% → −0.004% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$13−0.13%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k · What 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+0.043%
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
2 ok · 3 to watch- Watch: Thin at this size4590.7 / 59.5 bpAt $10k entering GRVT costs 4590.7 bp, fee and slippage, 77.1× 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$2.04Long GRVT: 6 payments, −$5.04; short BingX: 6 payments, +$3.00.
- Note: Gap at its usual level+0.043% vs +0.047%The price leg adds little either way.
- Watch: Long leg is thinner$699 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: 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−0.0058%/8h × 21 periods−$12.26
Price spread+0.043% → +0.047% (7d avg)−$0.39
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: GRVT: live order book, 21 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT15.234590.7 bp−$4,591doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX36.9259.5 bp−$60221.9 bp−$2,2191077.9 bp−$107.8K1168.1 bp−$584.0K
Closing costs about the same again.

