GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.44 per $10,000 · paid last 24h +0.085%

Price spread now: BingX against BloFin0.000%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1011.014% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.602%+$60 on $10k

Price spread, last 4 days (all we have)+0.260%+$26 · spread now 0.000%, 7d avg +0.021%

Together, before fees+0.862%+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.021%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.602% in total) that is about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRVT-USDT	0.1885	0.0344	pay 0.0172% / 4h	1h 54m	$238K	$46K	20x
Short	BingX GRVT-USDT	0.1885	0.0432	get 0.0216% / 4h	1h 54m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $18.53
Price spread: 0.000% → +0.021%: −$2.14
Slippage, 4 orders: −$79.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$85.01
Costs to cover: 1.014%
Break-even: 39.1 days

Slippage from BloFin: live order book, 21 min ago; BingX: live order book, 7 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 BloFin live order book, 21 min ago	0.53 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	7.94 bp	30.5 bp −$30	130.6 bp −$1,306	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
Gate GRVT_USDT	+0.0100%	4h	0.1883	−0.106%	$329K	$99K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1888	+0.163%	$263K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0130%	4h	0.1887	+0.101%	$2.8M	$751K	20x	as long as short
KuCoin GRVTUSDTM	+0.0132%	4h	0.1886	+0.037%	$198K	$763K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0279%	4h	0.1883	−0.080%	$2.0M	$2.0M	20x	as long as short
MEXC GRVT_USDT	+0.0286%	4h	0.1885	−0.005%	$3.5M	$129K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0288%	4h	0.1889	+0.212%	$286K	$146K	10x	as long as short
edgeX GRVTUSDC	+0.0323%	4h	0.1889	+0.213%	$10K	$279K	10x	as long as short
BloFin GRVT-USDTlong	+0.0344%	4h	0.1885	long leg	$238K	$46K	20x
Bitget GRVTUSDT	+0.0388%	4h	0.1886	+0.053%	$666K	$842K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0424%	1h	0.1885	−0.026%	$101K	$321K	5x	as long as short
Binance GRVTUSDT	+0.0428%	4h	0.1885	0.000%	$5.1M	$2.8M	25x	as long as short
BingX GRVT-USDTshort	+0.0432%	4h	0.1885	0.000%	—	$1.7M	—
Aster GRVTUSDT	+0.0591%	4h	0.1886	+0.044%	$23K	$29K	5x	as long as short