GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1214%/8h= −132.9% APRnext payment −$6.07 per $10,000 · paid last 24h −0.030%

Price spread now: BloFin against BingX+0.067%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1081.084% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.555%−$56 on $10k

Price spread, last 3 days (all we have)−0.345%−$35 · spread now +0.067%, 7d avg −0.022%

Together, before fees−0.900%−$90 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.089% dearer against BingX than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.022%): +$9 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.555% in total) that is about 27 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.555% in total (about -28.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1929	0.1268	pay 0.0634% / 4h	1h 19m	—	$1.6M	—
Short	BloFin GRVT-USDT	0.1930	0.0054	get 0.0027% / 4h	1h 19m	$240K	$70K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$254.92
Price spread: +0.067% → −0.022%: $8.93
Slippage, 4 orders: −$86.4
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$354.39
Costs to cover: 1.084%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 57 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, 3 min ago	7.77 bp	33.9 bp −$34	65.4 bp −$654	doesn't fit	doesn't fit
Sell BloFin live order book, 57 min ago	0.26 bp	21.7 bp −$22	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
BloFin GRVT-USDTshort	+0.0054%	4h	0.1930	+0.067%	$240K	$70K	20x
Bybit GRVTUSDT	+0.0100%	4h	0.1931	+0.130%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	+0.057%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1929	+0.016%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1931	+0.119%	$624K	$428K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1933	+0.229%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1931	+0.111%	$12K	$281K	10x	as long as short
Gate GRVT_USDT	+0.0614%	4h	0.1926	−0.156%	$344K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0978%	4h	0.1926	−0.140%	$248K	$627K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1226%	4h	0.1932	+0.152%	$304K	$191K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDTlong	+0.1268%	4h	0.1929	long leg	—	$1.6M	—
Aster GRVTUSDT	+0.1345%	4h	0.1926	−0.156%	$24K	$30K	5x	as long as short
Binance GRVTUSDT	+0.1349%	4h	0.1929	0.000%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1352%	1h	0.1929	−0.019%	$103K	$387K	5x	as long as short