GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.082%

Price spread now: OKX against BingX+0.032%7-day average −0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1061.059% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.609%−$61 on $10k

Price spread, last 7 days−0.114%−$11 · spread now +0.032%, 7d avg −0.084%

Together, before fees−0.723%−$72 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.116% dearer against BingX than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.084%): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1866	0.0276	pay 0.0138% / 4h	21m 27s	—	$1.7M	—
Short	OKX GRVT-USDT-SWAP	0.1867	0.0100	get 0.0050% / 4h	21m 27s	$2.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$36.96
Price spread: +0.032% → −0.084%: $11.6
Slippage, 4 orders: −$85.94
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$131.3
Costs to cover: 1.059%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; OKX: live order book, 5 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, 11 min ago	8.02 bp	22.6 bp −$23	127.4 bp −$1,274	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.87 bp	29.0 bp −$29	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
Binance GRVTUSDT	+0.0100%	4h	0.1868	+0.080%	$5.1M	$2.6M	25x	as long as short
OKX GRVT-USDT-SWAPshort	+0.0100%	4h	0.1867	+0.032%	$2.0M	$1.9M	20x
Gate GRVT_USDT	+0.0100%	4h	0.1866	0.000%	$324K	$99K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1867	+0.059%	$3.5M	$132K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1865	−0.048%	$191K	$766K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1870	+0.188%	$261K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1867	+0.037%	$10K	$280K	10x	as long as short
Extended GRVT-USD	+0.0104%	1h	0.1867	+0.052%	$100K	$466K	5x	as long as short
BloFin GRVT-USDT	+0.0113%	4h	0.1866	+0.021%	$238K	$36K	20x	as long as short
Aster GRVTUSDT	+0.0137%	4h	0.1866	+0.024%	$23K	$23K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GRVTUSDT	+0.0232%	4h	0.1867	+0.075%	$2.7M	$740K	20x	as long as short
BingX GRVT-USDTlong	+0.0276%	4h	0.1866	long leg	—	$1.7M	—
Bitget GRVTUSDT	+0.0284%	4h	0.1868	+0.102%	$661K	$828K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0930%	4h	0.1869	+0.138%	$275K	$163K	10x	as long as short