GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.90 per $10,000 · paid last 24h +0.037%

Price spread now: KuCoin against Bitget−0.222%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$496as in the Funding arb table

Net, price: spread back to 7d avg − costs−$529as in the Price arb table

costs, in and out, $10k−$5155.148% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.222%, 7d avg −0.084%

Together, before fees+0.275%+$27 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 KuCoin is 0.137% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.084%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.189%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRVTUSDT	0.1893	0.0412	pay 0.0206% / 4h	2h 39m	$657K	$828K	20x
Short	KuCoin GRVTUSDTM	0.1889	0.0232	get 0.0116% / 4h	2h 39m	$198K	$742K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.222%Rate

Funding earned: −$37.8
Price spread: −0.222% → −0.084%: −$13.75
Slippage, 4 orders: −$490.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$566.32
Costs to cover: 5.148%
Break-even: never at this rate

Slippage from Bitget: live order book, 7 min ago; KuCoin: live order book, 20 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, 7 min ago	4.50 bp	25.4 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	5.83 bp	243.5 bp −$243	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
Gate GRVT_USDT	+0.0100%	4h	0.1885	−0.433%	$330K	$91K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1888	−0.249%	$265K	$15K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1889	−0.222%	$277K	$162K	10x	as long as short
Bybit GRVTUSDT	+0.0182%	4h	0.1890	−0.148%	$2.8M	$762K	20x	as long as short
KuCoin GRVTUSDTMshort	+0.0232%	4h	0.1889	−0.222%	$198K	$742K	20x
Bitget GRVTUSDTlong	+0.0412%	4h	0.1893	long leg	$657K	$828K	20x
OKX GRVT-USDT-SWAP	+0.0487%	4h	0.1893	−0.037%	$2.0M	$2.0M	20x	as long as short
Extended GRVT-USD	+0.0488%	1h	0.1888	−0.253%	$101K	$326K	5x	as long as short
Binance GRVTUSDT	+0.0490%	4h	0.1886	−0.364%	$5.1M	$2.9M	25x	as long as short
MEXC GRVT_USDT	+0.0492%	4h	0.1889	−0.201%	$3.6M	$128K	20x	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	+0.0494%	4h	0.1888	−0.275%	—	$1.6M	—	as long as short
edgeX GRVTUSDC	+0.0510%	4h	0.1888	−0.266%	$10K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0545%	4h	0.1888	−0.280%	$238K	$55K	20x	as long as short
Aster GRVTUSDT	+0.0696%	4h	0.1887	−0.322%	$23K	$29K	5x	as long as short