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

GRVT

all GRVT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0968%/8h= +106.0% APRnext payment +$4.84 per $10,000 · paid last 24h −0.010%
Price spread now: GRVT against Bybit−0.001%70s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$599as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7387.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.386%+$139 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.001%, 7d avg +0.055%
Together, before fees+1.428%+ Points / potential airdropGRVT: Active · farm board+$143 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.055%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$29 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GRVTUSDT0.19200.0100pay 0.0050% / 4h8m 23s$2.8M$845K20x
ShortGRVT GRVT_USDT_Perp0.19200.1068get 0.0534% / 4h8m 23s$302K$191K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$203.28
Price spread: −0.001% → +0.055%
−$5.54
Slippage, 4 orders
−$718.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$540.28
Costs to cover
7.380%
Break-even
25.6 days
Slippage from Bybit: live order book, 4 min ago; GRVT: live order book, 4 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, 4 min ago8.06 bp347.2 bp −$347doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago7.82 bp23.9 bp −$2474.6 bp −$746doesn'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
Bybit GRVTUSDTlong+0.0100%4h0.1920long leg$2.8M$845K20x
OKX GRVT-USDT-SWAP+0.0100%4h0.1922+0.062%$2.0M$1.8M20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1922+0.062%$3.6M$132K20xas long as short
Variational Omni GRVT+0.0100%4h0.1922+0.097%$269K$17Kas long as short
edgeX GRVTUSDC+0.0100%4h0.1922+0.065%$12K$280K10xas long as short
Bitget GRVTUSDT+0.0102%4h0.1923+0.146%$672K$497K20xas long as short
BloFin GRVT-USDT+0.0104%4h0.1921+0.042%$239K$66K20xas long as short
Gate GRVT_USDT+0.0660%4h0.1919−0.078%$341K$54K20xas long as short
KuCoin GRVTUSDTM+0.0986%4h0.1921+0.010%$252K$668K20xas long as short
GRVT GRVT_USDT_Perpshort+0.1068%4h0.1920−0.001%$302K$191K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRVT-USDT+0.1260%4h0.1920−0.026%$1.6Mas long as short
Extended GRVT-USD+0.1296%1h0.1920−0.046%$103K$387K5xas long as short
Binance GRVTUSDT+0.1299%4h0.1920−0.026%$5.3M$2.7M25xas long as short
Aster GRVTUSDT+0.1413%4h0.19200.000%$22K$32K5xas long as short