GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1134%/8h= +124.2% APRnext payment +$5.67 per $10,000 · paid last 24h +0.076%

Price spread now: BingX against Bybit−0.160%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$584as in the Funding arb table

Net, price: spread back to 7d avg − costs−$675as in the Price arb table

costs, in and out, $10k−$6556.548% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.708%+$71 on $10k

Price spread, last 7 days+0.243%+$24 · spread now −0.160%, 7d avg +0.045%

Together, before fees+0.951%+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.205% cheaper against Bybit than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.045%). If the spread goes back, that is −$21 on $10k: about 14 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.708% in total) that is about 2.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.708% in total (about 36.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.67 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	Bybit GRVTUSDT	0.1935	0.0100	pay 0.0050% / 4h	1h 27m	$2.8M	$833K	20x
Short	BingX GRVT-USDT	0.1932	0.1234	get 0.0617% / 4h	1h 27m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now −0.160%Rate

Funding earned: $238.14
Price spread: −0.160% → +0.045%: −$20.53
Slippage, 4 orders: −$633.78
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$437.17
Costs to cover: 6.548%
Break-even: 19.9 days

Slippage from Bybit: live order book, 5 min ago; BingX: 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 Bybit live order book, 5 min ago	6.99 bp	286.0 bp −$286	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	7.77 bp	35.4 bp −$35	126.5 bp −$1,265	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	+0.0063%	4h	0.1933	−0.124%	$240K	$73K	20x	as long as short
Bybit GRVTUSDTlong	+0.0100%	4h	0.1935	long leg	$2.8M	$833K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1933	−0.088%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1933	−0.109%	$3.7M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1934	−0.067%	$623K	$427K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1933	−0.124%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1933	−0.115%	$12K	$280K	10x	as long as short
Gate GRVT_USDT	+0.0562%	4h	0.1929	−0.315%	$344K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0986%	4h	0.1931	−0.202%	$262K	$619K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1204%	4h	0.1933	−0.126%	$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-USDTshort	+0.1234%	4h	0.1932	−0.160%	—	$1.6M	—
Binance GRVTUSDT	+0.1325%	4h	0.1933	−0.132%	$5.3M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.1328%	1h	0.1932	−0.159%	$103K	$387K	5x	as long as short
Aster GRVTUSDT	+0.1330%	4h	0.1926	−0.470%	$24K	$30K	5x	as long as short