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−0.1220%/8h= −133.6% APRpaid last 24h −0.088%
Price spread now: Bitget against Extended+0.210%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.724%−$72 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.210%, 7d avg +0.057%
Together, before fees−0.680%+ Points / potential airdropExtended: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.153% dearer against Extended than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of +0.057%): +$15 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.724% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.724% in total (about -37.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRVT-USD0.19190.1320pay 0.0165% / 1h11m 46s$103K$387K5x
ShortBitget GRVTUSDT0.19230.0100get 0.0050% / 4h11m 46s$672K$497K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$256.2
Price spread: +0.210% → +0.057%
$15.32
Slippage, 4 orders
−$120.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$378.33
Costs to cover
1.374%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Bitget: live order book, 63 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 Extended live order book, 1 min ago4.43 bp48.6 bp −$49325.3 bp −$3,253doesn't fitdoesn't fit
Sell Bitget live order book, 63 min ago5.44 bp22.8 bp −$23129.9 bp −$1,299doesn'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 GRVTUSDT+0.0100%4h0.1920+0.064%$2.8M$845K20xas long as short
OKX GRVT-USDT-SWAP+0.0100%4h0.1921+0.111%$2.0M$1.8M20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1922+0.121%$3.6M$132K20xas long as short
Bitget GRVTUSDTshort+0.0100%4h0.1923+0.210%$672K$497K20x
Variational Omni GRVT+0.0100%4h0.1925+0.292%$269K$17Kas long as short
edgeX GRVTUSDC+0.0100%4h0.1922+0.120%$12K$282K10xas long as short
BloFin GRVT-USDT+0.0106%4h0.1922+0.158%$239K$67K20xas long as short
Gate GRVT_USDT+0.0682%4h0.1919−0.014%$341K$54K20xas long as short
KuCoin GRVTUSDTM+0.1000%4h0.1919+0.007%$253K$668K20xas long as short
GRVT GRVT_USDT_Perp+0.1108%4h0.1921+0.089%$302K$191K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRVT-USDT+0.1260%4h0.1920+0.038%$1.6Mas long as short
Binance GRVTUSDT+0.1313%4h0.1920+0.038%$5.3M$2.7M25xas long as short
Extended GRVT-USDlong+0.1320%1h0.1919long leg$103K$387K5x
Aster GRVTUSDT+0.1420%4h0.1921+0.069%$22K$32K5xas long as short