GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h −0.073%

Price spread now: KuCoin against BingX−0.171%7-day average −0.124% · you buy dearer than you sell

Net, funding: paid 7d − costs−$573as in the Funding arb table

Net, price: spread back to 7d avg − costs−$523as in the Price arb table

costs, in and out, $10k−$5185.181% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.554%−$55 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.171%, 7d avg −0.124%

Together, before fees−0.564%−$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.124%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1930	0.1264	pay 0.0632% / 4h	1h 07m	—	$1.6M	—
Short	KuCoin GRVTUSDTM	0.1927	0.0932	get 0.0466% / 4h	1h 07m	$248K	$630K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$69.72
Price spread: −0.171% → −0.124%: −$4.7
Slippage, 4 orders: −$496.07
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$592.49
Costs to cover: 5.181%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 65 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, 4 min ago	7.79 bp	30.7 bp −$31	81.5 bp −$815	doesn't fit	doesn't fit
Sell KuCoin live order book, 65 min ago	7.82 bp	231.3 bp −$231	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 GRVTUSDT	+0.0100%	4h	0.1933	+0.130%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1931	+0.041%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1930	+0.005%	$3.6M	$131K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1928	−0.078%	$629K	$436K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1929	−0.037%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1927	−0.176%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0125%	4h	0.1931	+0.036%	$241K	$70K	20x	as long as short
Gate GRVT_USDT	+0.0676%	4h	0.1926	−0.207%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTMshort	+0.0932%	4h	0.1927	−0.171%	$248K	$630K	20x
GRVT GRVT_USDT_Perp	+0.1182%	4h	0.1929	−0.051%	$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	+0.1264%	4h	0.1930	long leg	—	$1.6M	—
Aster GRVTUSDT	+0.1312%	4h	0.1926	−0.207%	$24K	$30K	5x	as long as short
Extended GRVT-USD	+0.1328%	1h	0.1929	−0.047%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1342%	4h	0.1929	−0.031%	$5.3M	$2.7M	25x	as long as short