GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.085%

Price spread now: BingX against BloFin+0.037%96s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1011.014% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.602%+$60 on $10k

Price spread, last 4 days (all we have)+0.223%+$22 · spread now +0.037%, 7d avg +0.021%

Together, before fees+0.825%+$82 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRVT-USDT	0.1889	0.0338	pay 0.0169% / 4h	1h 59m	$238K	$46K	20x
Short	BingX GRVT-USDT	0.1890	0.0444	get 0.0222% / 4h	1h 59m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.037%Rate

Funding earned: $22.21
Price spread: +0.037% → +0.021%: $1.57
Slippage, 4 orders: −$79.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$77.63
Costs to cover: 1.014%
Break-even: 31.5 days

Slippage from BloFin: live order book, 17 min ago; BingX: live order book, 2 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 BloFin live order book, 17 min ago	0.53 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	7.94 bp	30.5 bp −$30	130.6 bp −$1,306	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	0.1888	−0.069%	$330K	$99K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1891	+0.085%	$264K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0128%	4h	0.1891	+0.101%	$2.8M	$751K	20x	as long as short
KuCoin GRVTUSDTM	+0.0156%	4h	0.1888	−0.074%	$198K	$763K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0268%	4h	0.1891	+0.091%	$286K	$146K	10x	as long as short
MEXC GRVT_USDT	+0.0314%	4h	0.1889	0.000%	$3.6M	$129K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0316%	4h	0.1889	+0.005%	$2.0M	$2.0M	20x	as long as short
edgeX GRVTUSDC	+0.0338%	4h	0.1889	+0.006%	$10K	$282K	10x	as long as short
BloFin GRVT-USDTlong	+0.0338%	4h	0.1889	long leg	$238K	$46K	20x
Bitget GRVTUSDT	+0.0404%	4h	0.1891	+0.085%	$668K	$844K	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-USDTshort	+0.0444%	4h	0.1890	+0.037%	—	$1.7M	—
Binance GRVTUSDT	+0.0455%	4h	0.1889	−0.016%	$5.1M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.0464%	1h	0.1888	−0.045%	$101K	$324K	5x	as long as short
Aster GRVTUSDT	+0.0615%	4h	0.1890	+0.029%	$23K	$29K	5x	as long as short