GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1240%/8h= +135.8% APRnext payment +$6.20 per $10,000 · paid last 24h +0.075%

Price spread now: Binance against Bitget−0.114%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1091.092% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.725%+$72 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now −0.114%, 7d avg −0.010%

Together, before fees+0.555%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.104% cheaper against Bitget than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.010%). If the spread goes back, that is −$10 on $10k: about 7 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.725% in total) that is about 24 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.725% in total (about 37.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.20 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	Bitget GRVTUSDT	0.1931	0.0100	pay 0.0050% / 4h	1h 15m	$626K	$433K	20x
Short	Binance GRVTUSDT	0.1929	0.1340	get 0.0670% / 4h	1h 15m	$5.3M	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.114%Rate

Funding earned: $260.42
Price spread: −0.114% → −0.010%: −$10.36
Slippage, 4 orders: −$87.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $140.89
Costs to cover: 1.092%
Break-even: 3.2 days

Slippage from Bitget: live order book, 65 min ago; Binance: live order book, 8 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 Bitget live order book, 65 min ago	4.68 bp	24.9 bp −$25	546.2 bp −$5,462	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.59 bp	29.5 bp −$30	208.8 bp −$2,088	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	0.1930	−0.047%	$240K	$70K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1931	+0.005%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	−0.072%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1928	−0.145%	$3.6M	$131K	20x	as long as short
Bitget GRVTUSDTlong	+0.0100%	4h	0.1931	long leg	$626K	$433K	20x
Variational Omni GRVT	+0.0100%	4h	0.1933	+0.114%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1928	−0.185%	$12K	$282K	10x	as long as short
Gate GRVT_USDT	+0.0628%	4h	0.1925	−0.321%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0960%	4h	0.1928	−0.181%	$248K	$627K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1220%	4h	0.1929	−0.114%	$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	+0.1282%	4h	0.1928	−0.166%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1324%	4h	0.1926	−0.269%	$24K	$30K	5x	as long as short
Binance GRVTUSDTshort	+0.1340%	4h	0.1929	−0.114%	$5.3M	$2.7M	25x
Extended GRVT-USD	+0.1344%	1h	0.1929	−0.134%	$103K	$387K	5x	as long as short