GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0847%/8h= −92.8% APRnext payment −$4.24 per $10,000 · paid last 24h −0.075%

Price spread now: Gate against Binance−0.292%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3,800as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,777as in the Price arb table

costs, in and out, $10k−$3,75637.558% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.441%−$44 on $10k

Price spread, last 4 days (all we have)+0.502%+$50 · spread now −0.292%, 7d avg −0.078%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.214% cheaper against Binance than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.078%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.441% in total (about -23.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.24 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	Binance GRVTUSDT	0.1913	0.0947	pay 0.0474% / 4h	2h 40m	$5.3M	$2.8M	25x
Short	Gate GRVT_USDT	0.1907	0.0100	get 0.0050% / 4h	2h 40m	$340K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.292%Rate

Funding earned: −$177.9
Price spread: −0.292% → −0.078%: −$21.38
Slippage, 4 orders: −$3,730.76
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$3,955.03
Costs to cover: 37.558%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: live order book, 44 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 Binance live order book, 12 min ago	2.62 bp	24.6 bp −$25	152.9 bp −$1,529	doesn't fit	doesn't fit
Sell Gate live order book, 44 min ago	7.84 bp	190.7 bp −$191	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
Bybit GRVTUSDT	+0.0100%	4h	0.1913	−0.005%	$2.8M	$800K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1913	+0.042%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDTshort	+0.0100%	4h	0.1907	−0.292%	$340K	$54K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1913	+0.027%	$3.6M	$128K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1910	−0.114%	$602K	$405K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1911	−0.064%	$267K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1913	+0.005%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0117%	4h	0.1912	−0.015%	$241K	$72K	20x	as long as short
KuCoin GRVTUSDTM	+0.0514%	4h	0.1912	−0.046%	$313K	$589K	20x	as long as short
Aster GRVTUSDT	+0.0754%	4h	0.1910	−0.143%	$23K	$29K	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	+0.0866%	4h	0.1911	−0.064%	$301K	$215K	10x	as long as short
BingX GRVT-USDT	+0.0880%	4h	0.1912	−0.031%	—	$1.7M	—	as long as short
Extended GRVT-USD	+0.0944%	1h	0.1912	−0.011%	$102K	$387K	5x	as long as short
Binance GRVTUSDTlong	+0.0947%	4h	0.1913	long leg	$5.3M	$2.8M	25x