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 −0.004%

Price spread now: BloFin against edgeX−0.064%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$294as in the Funding arb table

Net, price: spread back to 7d avg − costs−$303as in the Price arb table

costs, in and out, $10k−$2952.947% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.064%, 7d avg +0.020%

Together, before fees+0.007%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.083% cheaper against edgeX than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.020%). If the spread goes back, that is −$8 on $10k: about 5.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.004% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GRVTUSDC	0.1931	0.0100	pay 0.0050% / 4h	1h 21m	$12K	$280K	10x
Short	BloFin GRVT-USDT	0.1929	0.0152	get 0.0076% / 4h	1h 21m	$240K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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 edgeXbpFee BloFinbpOrdersPrice spread, now −0.064%Rate

Funding earned: $10.9
Price spread: −0.064% → +0.020%: −$8.33
Slippage, 4 orders: −$273.74
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$292.17
Costs to cover: 2.947%
Break-even: 194.6 days

Slippage from edgeX: live order book, 61 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 edgeX live order book, 61 min ago	5.21 bp	124.3 bp −$124	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 GRVTUSDT	+0.0100%	4h	0.1933	+0.107%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1931	+0.030%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1930	−0.038%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1932	+0.055%	$624K	$428K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1935	+0.235%	$271K	$17K	—	as long as short
edgeX GRVTUSDClong	+0.0100%	4h	0.1931	long leg	$12K	$280K	10x
BloFin GRVT-USDTshort	+0.0152%	4h	0.1929	−0.064%	$240K	$73K	20x
Gate GRVT_USDT	+0.0592%	4h	0.1926	−0.235%	$344K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0976%	4h	0.1929	−0.095%	$248K	$626K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1228%	4h	0.1932	+0.062%	$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	0.1931	+0.024%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1338%	4h	0.1926	−0.235%	$24K	$30K	5x	as long as short
Binance GRVTUSDT	+0.1341%	4h	0.1930	−0.026%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1344%	1h	0.1929	−0.065%	$103K	$387K	5x	as long as short