GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.83 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against Bitget−0.125%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$397as in the Funding arb table

Net, price: spread back to 7d avg − costs−$410as in the Price arb table

costs, in and out, $10k−$3973.974% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.125%, 7d avg −0.001%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.125% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRVTUSDT	0.1914	0.0266	pay 0.0133% / 4h	2h 57m	$687K	$565K	20x
Short	Bybit GRVTUSDT	0.1911	0.0100	get 0.0050% / 4h	2h 57m	$2.8M	$785K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$34.86
Price spread: −0.125% → −0.001%: −$12.45
Slippage, 4 orders: −$374.42
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$444.74
Costs to cover: 3.974%
Break-even: never at this rate

Slippage from Bitget: live order book, 8 min ago; Bybit: live order book, 5 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, 8 min ago	4.93 bp	24.9 bp −$25	351.5 bp −$3,515	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	5.74 bp	194.2 bp −$194	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
BloFin GRVT-USDT	+0.0049%	4h	0.1913	−0.063%	$239K	$66K	20x	as long as short
Bybit GRVTUSDTshort	+0.0100%	4h	0.1911	−0.125%	$2.8M	$785K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1912	−0.099%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1912	−0.089%	$338K	$55K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1911	−0.131%	$3.6M	$131K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1916	+0.126%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1917	+0.192%	$11K	$282K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1915	+0.062%	$295K	$203K	10x	as long as short
Bitget GRVTUSDTlong	+0.0266%	4h	0.1914	long leg	$687K	$565K	20x
KuCoin GRVTUSDTM	+0.0524%	4h	0.1912	−0.110%	$237K	$719K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0768%	1h	0.1911	−0.155%	$102K	$427K	5x	as long as short
Binance GRVTUSDT	+0.0770%	4h	0.1911	−0.143%	$5.2M	$2.8M	25x	as long as short
BingX GRVT-USDT	+0.0828%	4h	0.1908	−0.298%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0895%	4h	0.1911	−0.126%	$23K	$33K	5x	as long as short