Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 107.00 | 0 | 0.0000% / 8h | 4h 10m | $918 | $125K | 10x | Long GRVT | |
| SHORT | 107.20 | +0.0050 | get 0.0050% / 8h | 4h 10m | $933K | $1.7M | — | Short BingX |
Price gap+0.185%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.145% above its 7d average: +$14 more if it goes back.
Funding on this pair cost 0.080% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0050% /8h now · paid −0.080% over the last 7D
Price+$14spread +0.185% now, avg +0.040% → +0.145% if it goes back
Costs−$1051.052% of $10k · taker + slippage, in and out
Result−$99−0.99%+ 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+0.185%
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
/8hWMT on 17 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size27.2 / 25.4 bpAt $10k entering GRVT costs 27.2 bp, fee and slippage, 1.1× 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 interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.50Long GRVT: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.185% vs +0.040%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$918 vs $933K 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−0.0038%/8h × 21 periods−$7.96
Price spread+0.185% → +0.040% (7d avg)+$14.50
Slippage, 4 orderslive order books−$86.21
Fee GRVT bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$98.67
Costs to cover1.052%Break-evennever at this rate
Slippage: GRVT: live order book, 65 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT2.3427.2 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX13.5325.4 bp−$2558.9 bp−$589188.2 bp−$18.8K757.8 bp−$378.9K
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | WMT/USD no longer reported ($WMT) seen by our collector |
| 09-28 16:43 | Avantis | Other | 3/ Consumer, health, and industrials $AMGN $ABNB $BKNG $TMUS $WMT $ISRG $GILD $VRTX $REGN $LIN $ADP $HON $CSCO Trade the REAL economy via travel, health and retail @verantaxyz on X ↗ |
| 09-24 14:15 | Avantis | Listing | new market WMT/USD ($WMT) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market WMT/USD ($WMT) seen by our collector |
gTrade (Gains Network)
Avantis