Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 13.830 | 0 | 0.0000% / 8h | 5h 59m | $1K | $186K | 10x | Long GRVT | |
| SHORT | 13.820 | +0.0802 | get 0.0802% / 8h | 5h 59m | $911K | $1.6M | — | Short BingX |
Price gap−0.072%
Funding gap+0.0802% /8h
Funding pays +$24 a day on $10k, but the gap is 0.104% under its 7d average: −$10 if it goes back, about 10 hours of funding. At the last 7 days' pace that is about 40 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$44+0.0802% /8h now · paid +0.438% over the last 7D
Price−$10spread −0.072% now, avg +0.032% → −0.104% if it goes back
Costs−$1281.280% of $10k · taker + slippage, in and out
Result−$95−0.95%+ Points / potential airdropGRVT: points · farm boardWhat 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 +0.438% in total, about +0.0208%/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−0.072%
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
/8hUSAR on 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size73.9 / 11.9 bpAt $10k entering GRVT costs 73.9 bp, fee and slippage, 6.2× 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 interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$24.06Long GRVT: 3 payments, $0.00; short BingX: 3 payments, +$24.06.
- Watch: Gap narrower than usual−0.072% vs +0.032%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $911K 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+0.0208%/8h × 21 periods+$43.78
Price spread−0.072% → +0.032% (7d avg)−$10.41
Slippage, 4 orderslive order books−$109.00
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$94.63
Costs to cover1.280%Break-even22.1 days
Slippage: GRVT: live order book, 28 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT10.7273.9 bp−$74107.7 bp−$1,077doesn’t fitdoesn’t fit
SELL · SHORTBingX3.6111.9 bp−$1229.7 bp−$297102.7 bp−$10.3K653.1 bp−$326.5K
Closing costs about the same again.