GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1289%/8h= −141.2% APRnext payment −$6.45 per $10,000 · paid last 24h −0.020%

Price spread now: MEXC against Binance+0.036%7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$780.776% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.569%−$57 on $10k

Price spread, last 7 days−0.204%−$20 · spread now +0.036%, 7d avg −0.078%

Together, before fees−0.773%−$77 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.114% dearer against Binance than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.078%): +$11 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.569% in total) that is about 34 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.569% in total (about -29.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.45 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	0.1929	0.1389	pay 0.0695% / 4h	56m 12s	$5.3M	$2.7M	25x
Short	MEXC GRVT_USDT	0.1930	0.0100	get 0.0050% / 4h	56m 12s	$3.6M	$128K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$270.7
Price spread: +0.036% → −0.078%: $11.39
Slippage, 4 orders: −$59.57
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$336.88
Costs to cover: 0.776%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 6 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	2.59 bp	31.4 bp −$31	73.5 bp −$735	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	0.26 bp	7.8 bp −$8	63.7 bp −$637	212.4 bp −$21.2K	624.6 bp −$312.3K

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	0.1930	+0.067%	$2.8M	$835K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	+0.057%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDTshort	+0.0100%	4h	0.1930	+0.036%	$3.6M	$128K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1931	+0.130%	$634K	$444K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1934	+0.238%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1930	+0.056%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0106%	4h	0.1930	+0.031%	$240K	$69K	20x	as long as short
Gate GRVT_USDT	+0.0736%	4h	0.1927	−0.104%	$343K	$53K	20x	as long as short
KuCoin GRVTUSDTM	+0.0972%	4h	0.1928	−0.041%	$249K	$634K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1242%	4h	0.1931	+0.122%	$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-USDT	+0.1324%	4h	0.1930	+0.052%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1363%	4h	0.1928	−0.052%	$24K	$30K	5x	as long as short
Binance GRVTUSDTlong	+0.1389%	4h	0.1929	long leg	$5.3M	$2.7M	25x
Extended GRVT-USD	+0.1392%	1h	0.1929	−0.018%	$103K	$387K	5x	as long as short