GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.046%

Price spread now: BloFin against Bybit−0.140%62s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$632as 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−$6486.477% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 3 days (all we have)−0.091%−$9 · spread now −0.140%, 7d avg +0.004%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.144% cheaper against Bybit than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.004%). If the spread goes back, that is −$14 on $10k: about 9.2 days of funding at the current rate (+$2 a day). The two prices were read 62 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	Bybit GRVTUSDT	0.1932	0.0100	pay 0.0050% / 4h	1h 22m	$2.8M	$832K	20x
Short	BloFin GRVT-USDT	0.1929	0.0152	get 0.0076% / 4h	1h 22m	$240K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.140%Rate

Funding earned: $10.9
Price spread: −0.140% → +0.004%: −$14.4
Slippage, 4 orders: −$624.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$651.2
Costs to cover: 6.477%
Break-even: 425.1 days

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 54 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	3.10 bp	310.2 bp −$310	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 54 min ago	0.26 bp	21.7 bp −$22	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 GRVTUSDTlong	+0.0100%	4h	0.1932	long leg	$2.8M	$832K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	−0.109%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1930	−0.114%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1931	−0.026%	$624K	$428K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1935	+0.158%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1931	−0.076%	$12K	$280K	10x	as long as short
BloFin GRVT-USDTshort	+0.0152%	4h	0.1929	−0.140%	$240K	$73K	20x
Gate GRVT_USDT	+0.0592%	4h	0.1926	−0.311%	$344K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0976%	4h	0.1927	−0.254%	$248K	$626K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1228%	4h	0.1932	−0.014%	$304K	$191K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1268%	4h	0.1930	−0.104%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1338%	4h	0.1926	−0.311%	$24K	$30K	5x	as long as short
Binance GRVTUSDT	+0.1341%	4h	0.1930	−0.129%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1344%	1h	0.1929	−0.149%	$103K	$387K	5x	as long as short