Settings8H · net · $10k
Funding arb · Price arb /

GRVT

all GRVT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Bybit+0.036%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$642as in the Price arb table
costs, in and out, $10k−$6456.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.036%, 7d avg +0.001%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GRVTUSDT0.19230.0100pay 0.0050% / 4h3h 20m$2.8M$790K20x
ShortBitget GRVTUSDT0.19240.0280get 0.0140% / 4h3h 20m$691K$540K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$37.8
Price spread: +0.036% → +0.001%
$3.55
Slippage, 4 orders
−$622.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$603.73
Costs to cover
6.451%
Break-even
118.8 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.90 bp305.0 bp −$305doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 50 min ago3.38 bp16.5 bp −$16223.0 bp −$2,230doesn't fitdoesn't fit

GRVT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GRVT-USDT+0.0099%4h0.1923+0.031%$239K$66K20xas long as short
Bybit GRVTUSDTlong+0.0100%4h0.1923long leg$2.8M$790K20x
OKX GRVT-USDT-SWAP+0.0100%4h0.1923−0.005%$2.0M$1.8M20xas long as short
Gate GRVT_USDT+0.0100%4h0.1922−0.047%$340K$55K20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1922−0.026%$3.6M$133K20xas long as short
Variational Omni GRVT+0.0100%4h0.1924+0.033%$270K$17Kas long as short
edgeX GRVTUSDC+0.0100%4h0.1923−0.019%$12K$281K10xas long as short
GRVT GRVT_USDT_Perp+0.0228%4h0.1926+0.161%$303K$190K10xas long as short
Bitget GRVTUSDTshort+0.0280%4h0.1924+0.036%$691K$540K20x
KuCoin GRVTUSDTM+0.0782%4h0.1921−0.078%$244K$696K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GRVTUSDT+0.1082%4h0.1921−0.095%$5.2M$2.7M25xas long as short
BingX GRVT-USDT+0.1090%4h0.1921−0.099%$1.6Mas long as short
Extended GRVT-USD+0.1104%1h0.1921−0.117%$103K$432K5xas long as short
Aster GRVTUSDT+0.1240%4h0.1924+0.066%$23K$31K5xas long as short