Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.051%

Price spread now: Extended against BloFin+0.012%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1191.194% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.580%+$58 on $10k

Price spread, last 4 days (all we have)+0.246%+$25 · spread now +0.012%, 7d avg −0.054%

Together, before fees+0.826%+ Points / potential airdropExtended: Active · farm board+$83 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.066% dearer against BloFin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.054%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.580%, 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	BloFin GRVT-USDT	0.1869	0.0134	pay 0.0067% / 4h	51m 18s	$236K	$56K	20x
Short	Extended GRVT-USD	0.1869	0.0104	get 0.0013% / 1h	51m 18s	$100K	$421K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$6.33
Price spread: +0.012% → −0.054%: $6.64
Slippage, 4 orders: −$102.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$119.07
Costs to cover: 1.194%
Break-even: never at this rate

Slippage from BloFin: live order book, 47 min ago; Extended: 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 BloFin live order book, 47 min ago	5.34 bp	18.5 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 6 min ago	4.81 bp	46.1 bp −$46	328.4 bp −$3,284	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
Aster GRVTUSDT	+0.0100%	4h	0.1871	+0.141%	$23K	$28K	5x	as long as short
Binance GRVTUSDT	+0.0100%	4h	0.1870	+0.039%	$5.0M	$2.9M	25x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1872	+0.193%	$2.8M	$802K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1870	+0.091%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1868	−0.043%	$329K	$61K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1870	+0.037%	$3.5M	$133K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1868	−0.027%	$227K	$635K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1876	+0.366%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1870	+0.083%	$10K	$281K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1872	+0.171%	$289K	$193K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USDshort	+0.0104%	1h	0.1869	+0.012%	$100K	$421K	5x
BingX GRVT-USDT	+0.0120%	4h	0.1870	+0.064%	—	$1.6M	—	as long as short
Bitget GRVTUSDT	+0.0122%	4h	0.1868	−0.054%	$653K	$655K	20x	as long as short
BloFin GRVT-USDTlong	+0.0134%	4h	0.1869	long leg	$236K	$56K	20x