Funding arb · Price arb /

GRVT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against edgeX+0.102%53s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$269as 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−$2692.686% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.102%, 7d avg −0.016%

Together, before fees−0.099%+ Points / potential airdropedgeX: Active · farm board−$10 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: MEXC is 0.119% dearer against edgeX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 53 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	edgeX GRVTUSDC	0.1931	0.0100	pay 0.0050% / 4h	52m 42s	$12K	$280K	10x
Short	MEXC GRVT_USDT	0.1933	0.0100	get 0.0050% / 4h	52m 42s	$3.7M	$129K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.102%Rate

Funding earned: $0
Price spread: +0.102% → −0.016%: $11.86
Slippage, 4 orders: −$251.6
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$256.75
Costs to cover: 2.686%
Break-even: never at this rate

Slippage from edgeX: live order book, 25 min ago; MEXC: live order book, 10 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, 25 min ago	7.78 bp	126.1 bp −$126	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 10 min ago	0.26 bp	7.8 bp −$8	63.7 bp −$637	212.4 bp −$21.2K	624.6 bp −$312.3K

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
BloFin GRVT-USDT	+0.0088%	4h	0.1934	+0.159%	$241K	$67K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1934	+0.144%	$2.8M	$835K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1935	+0.185%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDTshort	+0.0100%	4h	0.1933	+0.102%	$3.7M	$129K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1932	+0.025%	$637K	$446K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1932	+0.050%	$270K	$17K	—	as long as short
edgeX GRVTUSDClong	+0.0100%	4h	0.1931	long leg	$12K	$280K	10x
Gate GRVT_USDT	+0.0760%	4h	0.1931	−0.012%	$344K	$53K	20x	as long as short
KuCoin GRVTUSDTM	+0.0996%	4h	0.1931	−0.007%	$249K	$639K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1220%	4h	0.1932	+0.036%	$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	+0.1324%	4h	0.1932	+0.040%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1393%	4h	0.1931	+0.007%	$24K	$30K	5x	as long as short
Extended GRVT-USD	+0.1400%	1h	0.1932	+0.021%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1416%	4h	0.1932	+0.066%	$5.3M	$2.7M	25x	as long as short