Funding you earn now, next payment 12:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.115%
Price spread now: Bybit against BingX−0.016%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4484.485% of the position
Funding, last 7 days−0.764%−$76 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.016%, 7d avg −0.038%
=The price spread pays, funding is against you. Bybit is 0.022% dearer against BingX than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.038%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRVT-USDT | 0.1883 | 0.0310 | pay 0.0155% / 4h | 3h 49m | — | $1.7M | — |
| Short | Bybit GRVTUSDT | 0.1883 | 0.0100 | get 0.0050% / 4h | 3h 49m | $2.8M | $738K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.1
- Price spread: −0.016% → −0.038%
- $2.22
- Slippage, 4 orders
- −$427.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$490.34
- Costs to cover
- 4.485%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Bybit: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 12 min ago | 8.02 bp | 33.0 bp −$33 | 153.4 bp −$1,534 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 11.15 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDTshort | +0.0100% | 4h | 0.1883 | −0.016% | $2.8M | $738K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1882 | −0.053% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1879 | −0.212% | $326K | $98K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1882 | −0.069% | $3.5M | $128K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1881 | −0.096% | $191K | $770K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1883 | +0.007% | $263K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1879 | −0.206% | $10K | $280K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0116% | 4h | 0.1882 | −0.053% | $238K | $37K | 20x | as long as short |
| Binance GRVTUSDT | +0.0231% | 4h | 0.1883 | −0.016% | $5.1M | $2.6M | 25x | as long as short |
| Extended GRVT-USD | +0.0232% | 1h | 0.1882 | −0.028% | $102K | $465K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRVTUSDT | +0.0306% | 4h | 0.1884 | +0.032% | $680K | $836K | 20x | as long as short |
| BingX GRVT-USDTlong | +0.0310% | 4h | 0.1883 | long leg | — | $1.7M | — | |
| Aster GRVTUSDT | +0.0363% | 4h | 0.1879 | −0.214% | $23K | $24K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1042% | 4h | 0.1882 | −0.060% | $289K | $176K | 10x | as long as short |
BingX GRVT-USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
Binance GRVTUSDT
Extended GRVT-USD
Bitget GRVTUSDT
Aster GRVTUSDT
GRVT GRVT_USDT_Perp