GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.001%

Price spread now: OKX against BloFin+0.042%103s7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as 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−$940.937% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.042%, 7d avg −0.014%

Together, before fees+0.075%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.056% dearer against BloFin than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.014%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.011% in total) that is about 37 days. The two prices were read 103 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	0.1885	0.0387	pay 0.0193% / 4h	3h 55m	$236K	$56K	20x
Short	OKX GRVT-USDT-SWAP	0.1886	0.0353	get 0.0177% / 4h	3h 55m	$2.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$7.04
Price spread: +0.042% → −0.014%: $5.63
Slippage, 4 orders: −$71.69
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.11
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; OKX: live order book, 1 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, 36 min ago	1.33 bp	16.1 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	2.12 bp	36.7 bp −$37	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	0.1881	−0.228%	$330K	$73K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1884	−0.057%	$264K	$16K	—	as long as short
KuCoin GRVTUSDTM	+0.0164%	4h	0.1885	−0.027%	$231K	$664K	20x	as long as short
edgeX GRVTUSDC	+0.0337%	4h	0.1884	−0.051%	$10K	$280K	10x	as long as short
MEXC GRVT_USDT	+0.0342%	4h	0.1885	+0.011%	$3.6M	$133K	20x	as long as short
OKX GRVT-USDT-SWAPshort	+0.0353%	4h	0.1886	+0.042%	$2.0M	$1.9M	20x
Bitget GRVTUSDT	+0.0368%	4h	0.1884	−0.069%	$643K	$733K	20x	as long as short
BloFin GRVT-USDTlong	+0.0387%	4h	0.1885	long leg	$236K	$56K	20x
Binance GRVTUSDT	+0.0390%	4h	0.1886	+0.033%	$5.1M	$2.9M	25x	as long as short
Extended GRVT-USD	+0.0392%	1h	0.1885	−0.005%	$101K	$422K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRVTUSDT	+0.0562%	4h	0.1883	−0.122%	$22K	$28K	5x	as long as short
Bybit GRVTUSDT	+0.0678%	4h	0.1887	+0.069%	$2.8M	$769K	20x	as long as short
BingX GRVT-USDT	+0.0772%	4h	0.1887	+0.090%	—	$1.6M	—	as long as short
GRVT GRVT_USDT_Perp	+0.0866%	4h	0.1885	−0.025%	$284K	$152K	10x	as long as short