GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1070%/8h= +117.2% APRnext payment +$5.35 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against MEXC+0.005%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$840.844% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.559%+$56 on $10k

Price spread, last 7 days+0.144%+$14 · spread now +0.005%, 7d avg +0.093%

Together, before fees+0.702%+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.088% cheaper against MEXC than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.093%). If the spread goes back, that is −$9 on $10k: about 7 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.559% in total) that is about 26 hours.

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 +$5.35 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	MEXC GRVT_USDT	0.1918	0.0100	pay 0.0050% / 4h	2h 03m	$3.6M	$131K	20x
Short	BingX GRVT-USDT	0.1918	0.1170	get 0.0585% / 4h	2h 03m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $224.7
Price spread: +0.005% → +0.093%: −$8.8
Slippage, 4 orders: −$66.44
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $131.46
Costs to cover: 0.844%
Break-even: 2.9 days

Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 13 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 MEXC live order book, 4 min ago	0.52 bp	11.3 bp −$11	65.8 bp −$658	205.8 bp −$20.6K	814.1 bp −$407.1K
Sell BingX live order book, 13 min ago	5.21 bp	28.8 bp −$29	111.1 bp −$1,111	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	0.1918	0.000%	$2.8M	$802K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1918	+0.031%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDTlong	+0.0100%	4h	0.1918	long leg	$3.6M	$131K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1918	0.000%	$604K	$405K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1920	+0.126%	$269K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1918	+0.030%	$12K	$281K	10x	as long as short
BloFin GRVT-USDT	+0.0109%	4h	0.1918	+0.005%	$240K	$72K	20x	as long as short
Gate GRVT_USDT	+0.0192%	4h	0.1915	−0.151%	$342K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0842%	4h	0.1918	+0.005%	$314K	$586K	20x	as long as short
Aster GRVTUSDT	+0.1110%	4h	0.1918	+0.005%	$24K	$30K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.1152%	4h	0.1918	+0.020%	$302K	$215K	10x	as long as short
BingX GRVT-USDTshort	+0.1170%	4h	0.1918	+0.005%	—	$1.6M	—
Binance GRVTUSDT	+0.1191%	4h	0.1918	+0.005%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1208%	1h	0.1918	−0.009%	$102K	$387K	5x	as long as short