GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0682%/8h= +74.7% APRnext payment +$3.41 per $10,000 · paid last 24h −0.005%

Price spread now: Gate against Bybit−0.114%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4,704as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4,735as in the Price arb table

costs, in and out, $10k−$4,73247.321% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.277%+$28 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.114%, 7d avg −0.090%

Together, before fees+0.427%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.024% cheaper against Bybit than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.090%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.277% in total) that is about 15 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.277% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRVTUSDT	0.1923	0.0100	pay 0.0050% / 4h	35m 15s	$2.8M	$849K	20x
Short	Gate GRVT_USDT	0.1921	0.0782	get 0.0391% / 4h	35m 15s	$341K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.114%Rate

Funding earned: $143.22
Price spread: −0.114% → −0.090%: −$2.43
Slippage, 4 orders: −$4,706.12
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$4,591.34
Costs to cover: 47.321%
Break-even: 231.4 days

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 40 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, 2 min ago	6.75 bp	282.0 bp −$282	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 40 min ago	18.12 bp	360.7 bp −$361	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	0.1923	long leg	$2.8M	$849K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1923	−0.005%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	−0.042%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1924	+0.031%	$674K	$480K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1925	+0.072%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1923	+0.015%	$12K	$281K	10x	as long as short
BloFin GRVT-USDT	+0.0136%	4h	0.1923	−0.036%	$239K	$66K	20x	as long as short
Gate GRVT_USDTshort	+0.0782%	4h	0.1921	−0.114%	$341K	$54K	20x
KuCoin GRVTUSDTM	+0.1052%	4h	0.1921	−0.135%	$247K	$656K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1220%	4h	0.1924	+0.042%	$303K	$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	+0.1358%	4h	0.1921	−0.114%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.1408%	4h	0.1921	−0.114%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1408%	1h	0.1921	−0.130%	$103K	$387K	5x	as long as short
Aster GRVTUSDT	+0.1463%	4h	0.1922	−0.062%	$24K	$30K	5x	as long as short