Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 381.52 | +0.0050 | pay 0.0050% / 8h | 6h 42m | $917K | $1.8M | — | Long BingX | |
| SHORT | 381.89 | 0 | 0.0000% / 8h | 6h 42m | $481 | $101K | 10x | Short GRVT |
Price gap+0.096%78s
Funding gap−0.0050% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 7.6 days. At the last 7 days' pace that is about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$25−0.0050% /8h now · paid −0.254% over the last 7D
Price—spread +0.096%78s now · prices read too far apart to compare
Costs−$400.404% of $10k · taker + slippage, in and out
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+0.096%
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
/8hWDC on 20 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest8.8 / 14.1 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: −$1.50Long BingX: 3 payments, −$1.50; short GRVT: 3 payments, $0.00.
- Watch: Prices read 78 s apart+0.096% vs −0.018%Part of this gap may be the market moving.
- Watch: Short leg is thinner$481 vs $917K 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−0.0121%/8h × 21 periods−$25.41
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$21.41
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$65.82
price spread not counted: prices read too far apartCosts to cover0.404%Break-evennever at this rate
Slippage: BingX: live order book, 18 min ago; GRVT: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.398.8 bp−$916.2 bp−$16249.5 bp−$4,949606.5 bp−$303.3K
SELL · SHORTGRVT1.8214.1 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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