Settings8H · net · $10k
Funding arb · Price arb /

GRVT

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Alert: funding
Alert: spread
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: BingX against edgeX−0.369%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3113.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.559%+$56 on $10k
Price spread, last 3 days (all we have)+0.578%+$58 · spread now −0.369%, 7d avg +0.038%
Together, before fees+1.137%+ Points / potential airdropedgeX: Active · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.407% cheaper against edgeX than usual: you would sell low and buy high (spread −0.369% now, against its 7-day average of +0.038%). If the spread goes back, that is −$41 on $10k: about 25 hours of funding at the current rate (+$38 a day). 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRVTUSDC0.19300.0100pay 0.0050% / 4h43m 00s$12K$282K10x
ShortBingX GRVT-USDT0.19230.1382get 0.0691% / 4h43m 00s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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

Funding earned
$269.22
Price spread: −0.369% → +0.038%
−$40.67
Slippage, 4 orders
−$291.74
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$82.18
Costs to cover
3.107%
Break-even
9.1 days
Slippage from edgeX: live order book, 35 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 35 min ago7.78 bp126.1 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago10.36 bp27.0 bp −$27112.4 bp −$1,124doesn't fitdoesn't fit

GRVT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GRVT-USDT+0.0054%4h0.1924−0.302%$238K$65K20xas long as short
Bybit GRVTUSDT+0.0100%4h0.1925−0.255%$2.8M$843K20xas long as short
OKX GRVT-USDT-SWAP+0.0100%4h0.1924−0.312%$2.0M$1.8M20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1925−0.250%$3.6M$129K20xas long as short
Bitget GRVTUSDT+0.0100%4h0.1926−0.224%$666K$470K20xas long as short
Variational Omni GRVT+0.0100%4h0.1933+0.137%$271K$17Kas long as short
edgeX GRVTUSDClong+0.0100%4h0.1930long leg$12K$282K10x
Gate GRVT_USDT+0.0810%4h0.1924−0.317%$342K$54K20xas long as short
KuCoin GRVTUSDTM+0.1072%4h0.1923−0.385%$247K$643K20xas long as short
GRVT GRVT_USDT_Perp+0.1280%4h0.1931+0.045%$304K$191K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRVT-USDTshort+0.1382%4h0.1923−0.369%$1.6M
Binance GRVTUSDT+0.1453%4h0.1923−0.379%$5.3M$2.7M25xas long as short
Extended GRVT-USD+0.1456%1h0.1922−0.400%$103K$387K5xas long as short
Aster GRVTUSDT+0.1480%4h0.1925−0.241%$24K$30K5xas long as short