GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.018%

Price spread now: KuCoin against BloFin−0.138%50s7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$532as 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−$5365.356% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)+0.415%+$41 · spread now −0.138%, 7d avg −0.086%

Together, before fees+0.452%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.086%). Swap the legs. The two prices were read 50 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	0.1882	0.0116	pay 0.0058% / 4h	3h 48m	$238K	$37K	20x
Short	KuCoin GRVTUSDTM	0.1879	0.0100	get 0.0050% / 4h	3h 48m	$192K	$770K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.138%Rate

Funding earned: −$3.27
Price spread: −0.138% → −0.086%: −$5.21
Slippage, 4 orders: −$511.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$544.13
Costs to cover: 5.356%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 56 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, 18 min ago	2.67 bp	20.9 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 56 min ago	6.65 bp	246.2 bp −$246	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
Bybit GRVTUSDT	+0.0100%	4h	0.1883	+0.032%	$2.8M	$737K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1881	−0.069%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1879	−0.159%	$326K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1881	−0.069%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTMshort	+0.0100%	4h	0.1879	−0.138%	$192K	$770K	20x
Variational Omni GRVT	+0.0100%	4h	0.1883	+0.061%	$263K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1879	−0.153%	$10K	$280K	10x	as long as short
BloFin GRVT-USDTlong	+0.0116%	4h	0.1882	long leg	$238K	$37K	20x
Binance GRVTUSDT	+0.0240%	4h	0.1882	−0.026%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USD	+0.0240%	1h	0.1881	−0.051%	$102K	$465K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDT	+0.0306%	4h	0.1883	+0.037%	$679K	$836K	20x	as long as short
BingX GRVT-USDT	+0.0310%	4h	0.1883	+0.053%	—	$1.7M	—	as long as short
Aster GRVTUSDT	+0.0370%	4h	0.1878	−0.191%	$23K	$24K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.1042%	4h	0.1882	−0.007%	$289K	$176K	10x	as long as short