Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.130%

Price spread now: Binance against Bybit−0.123%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$473as in the Funding arb table

Net, price: spread back to 7d avg − costs−$565as in the Price arb table

costs, in and out, $10k−$5505.504% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.777%+$78 on $10k

Price spread, last 7 days+0.201%+$20 · spread now −0.123%, 7d avg +0.025%

Together, before fees+0.977%+$98 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.148% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRVTUSDT	0.1877	0.0100	pay 0.0050% / 4h	1h 17m	$2.8M	$790K	20x
Short	Binance GRVTUSDT	0.1875	0.0100	get 0.0050% / 4h	1h 17m	$5.1M	$2.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.123%Rate

Funding earned: $0
Price spread: −0.123% → +0.025%: −$14.77
Slippage, 4 orders: −$529.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$565.13
Costs to cover: 5.504%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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 Bybit live order book, 5 min ago	3.19 bp	367.4 bp −$367	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.66 bp	24.4 bp −$24	181.0 bp −$1,810	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
BloFin GRVT-USDT	+0.0062%	4h	0.1877	−0.005%	$237K	$64K	20x	as long as short
Aster GRVTUSDT	+0.0100%	4h	0.1875	−0.123%	$23K	$28K	5x	as long as short
Binance GRVTUSDTshort	+0.0100%	4h	0.1875	−0.123%	$5.1M	$2.9M	25x
Bybit GRVTUSDTlong	+0.0100%	4h	0.1877	long leg	$2.8M	$790K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1876	−0.075%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1874	−0.176%	$330K	$63K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1876	−0.085%	$3.5M	$135K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1876	−0.085%	$228K	$634K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1878	+0.053%	$263K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1878	+0.013%	$10K	$282K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1878	+0.028%	$290K	$193K	10x	as long as short
Extended GRVT-USD	+0.0104%	1h	0.1875	−0.148%	$102K	$421K	5x	as long as short
BingX GRVT-USDT	+0.0116%	4h	0.1876	−0.069%	—	$1.6M	—	as long as short
Bitget GRVTUSDT	+0.0122%	4h	0.1877	0.000%	$665K	$656K	20x	as long as short