Funding arb · Price arb /

GRVT

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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 +0.050%

Price spread now: edgeX against Bybit+0.050%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$847as in the Funding arb table

Net, price: spread back to 7d avg − costs−$855as in the Price arb table

costs, in and out, $10k−$8628.622% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.149%+$15 on $10k

Price spread, last 3 days (all we have)−0.401%−$40 · spread now +0.050%, 7d avg −0.018%

Together, before fees−0.252%+ Points / potential airdropedgeX: Active · farm board−$25 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: edgeX is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRVTUSDT	0.1922	0.0100	pay 0.0050% / 4h	3h 17m	$2.8M	$790K	20x
Short	edgeX GRVTUSDC	0.1923	0.0100	get 0.0050% / 4h	3h 17m	$12K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → −0.018%: $6.75
Slippage, 4 orders: −$842.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$855.41
Costs to cover: 8.622%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 55 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	3.90 bp	305.0 bp −$305	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 55 min ago	5.21 bp	126.4 bp −$126	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	0.1922	long leg	$2.8M	$790K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1921	−0.042%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1921	−0.052%	$340K	$55K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	−0.005%	$3.6M	$133K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1924	+0.080%	$270K	$17K	—	as long as short
edgeX GRVTUSDCshort	+0.0100%	4h	0.1923	+0.050%	$12K	$282K	10x
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1923	+0.052%	$302K	$190K	10x	as long as short
BloFin GRVT-USDT	+0.0118%	4h	0.1924	+0.088%	$239K	$66K	20x	as long as short
Bitget GRVTUSDT	+0.0264%	4h	0.1922	+0.005%	$691K	$544K	20x	as long as short
KuCoin GRVTUSDTM	+0.0744%	4h	0.1920	−0.094%	$242K	$697K	20x	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	+0.1028%	4h	0.1919	−0.156%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.1030%	4h	0.1921	−0.052%	$5.2M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1056%	1h	0.1921	−0.073%	$103K	$432K	5x	as long as short
Aster GRVTUSDT	+0.1171%	4h	0.1920	−0.104%	$22K	$31K	5x	as long as short