Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h 0.000%

Price spread now: Binance against Extended+0.020%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1311.307% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.020%, 7d avg +0.044%

Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 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: Binance is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1927	0.1352	pay 0.0169% / 1h	17m 26s	$103K	$387K	5x
Short	Binance GRVTUSDT	0.1928	0.1349	get 0.0674% / 4h	1h 17m	$5.3M	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.020%Rate

Funding earned: −$0.67
Price spread: +0.020% → +0.044%: −$2.4
Slippage, 4 orders: −$115.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$133.74
Costs to cover: 1.307%
Break-even: never at this rate

Slippage from Extended: live order book, just now; Binance: live order book, 6 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 Extended live order book, just now	5.71 bp	41.3 bp −$41	286.0 bp −$2,860	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.59 bp	29.5 bp −$30	208.8 bp −$2,088	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
BloFin GRVT-USDT	+0.0054%	4h	0.1930	+0.165%	$240K	$70K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1931	+0.181%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1928	+0.051%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1928	+0.030%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1928	+0.041%	$621K	$430K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1933	+0.326%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1931	+0.208%	$12K	$281K	10x	as long as short
Gate GRVT_USDT	+0.0618%	4h	0.1925	−0.110%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0964%	4h	0.1924	−0.141%	$248K	$626K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1230%	4h	0.1931	+0.201%	$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	+0.1282%	4h	0.1928	+0.046%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1335%	4h	0.1926	−0.058%	$24K	$30K	5x	as long as short
Binance GRVTUSDTshort	+0.1349%	4h	0.1928	+0.020%	$5.3M	$2.7M	25x
Extended GRVT-USDlong	+0.1352%	1h	0.1927	long leg	$103K	$387K	5x