Funding you earn now, next payment 00:00 UTC−0.1282%/8h= −140.4% APRnext payment −$6.41 per $10,000 · paid last 24h −0.026%
Price spread now: edgeX against BingX+0.370%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$3113.107% of the position
Funding, last 7 days−0.559%−$56 on $10k
+Price spread, last 3 days (all we have)−0.579%−$58 · spread now +0.370%, 7d avg −0.038%
=Together, before fees−1.139%+ Points / potential airdropedgeX: Active · farm board−$114 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.408% dearer against BingX than usual: you sell high and buy low (spread +0.370% now, against its 7-day average of −0.038%): +$41 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.559% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.559% in total (about -29.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.41 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 | 0.1923 | 0.1382 | pay 0.0691% / 4h | 43m 11s | — | $1.6M | — |
| Short | edgeX GRVTUSDC | 0.1930 | 0.0100 | get 0.0050% / 4h | 43m 11s | $12K | $282K | 10x |
BingX GRVT-USDT
edgeX GRVTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$269.22
- Price spread: +0.370% → −0.038%
- $40.8
- Slippage, 4 orders
- −$291.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$539.16
- Costs to cover
- 3.107%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; edgeX: live order book, 35 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 | 10.36 bp | 34.0 bp −$34 | 63.1 bp −$631 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 7.78 bp | 123.7 bp −$124 | 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-USDT | +0.0054% | 4h | 0.1924 | +0.068% | $238K | $65K | 20x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1925 | +0.114% | $2.8M | $843K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1925 | +0.078% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1925 | +0.120% | $3.6M | $129K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1926 | +0.146% | $666K | $470K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1933 | +0.507% | $271K | $17K | — | as long as short |
| edgeX GRVTUSDCshort | +0.0100% | 4h | 0.1930 | +0.370% | $12K | $282K | 10x | |
| Gate GRVT_USDT | +0.0810% | 4h | 0.1924 | +0.052% | $342K | $54K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.1072% | 4h | 0.1923 | −0.016% | $247K | $643K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1280% | 4h | 0.1931 | +0.416% | $304K | $191K | 10x | as long as short |
BloFin GRVT-USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Bitget GRVTUSDT
Variational Omni GRVT
Gate GRVT_USDT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDTlong | +0.1382% | 4h | 0.1923 | long leg | — | $1.6M | — | |
| Binance GRVTUSDT | +0.1453% | 4h | 0.1924 | +0.026% | $5.3M | $2.7M | 25x | as long as short |
| Extended GRVT-USD | +0.1456% | 1h | 0.1923 | −0.017% | $103K | $387K | 5x | as long as short |
| Aster GRVTUSDT | +0.1480% | 4h | 0.1926 | +0.132% | $24K | $30K | 5x | as long as short |
Binance GRVTUSDT
Extended GRVT-USD
Aster GRVTUSDT