Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.089%

Price spread now: Gate against Extended−0.130%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,674as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,638as in the Price arb table

costs, in and out, $10k−$1,62916.288% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.447%−$45 on $10k

Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.130%, 7d avg −0.042%

Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.088% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1877	0.0600	pay 0.0075% / 1h	22m 02s	$100K	$464K	5x
Short	Gate GRVT_USDT	0.1875	0.0100	get 0.0050% / 4h	2h 22m	$325K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.130%Rate

Funding earned: −$105
Price spread: −0.130% → −0.042%: −$8.8
Slippage, 4 orders: −$1,608.81
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,742.61
Costs to cover: 16.288%
Break-even: never at this rate

Slippage from Extended: live order book, 28 min ago; Gate: live order book, 26 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, 28 min ago	5.05 bp	38.0 bp −$38	284.4 bp −$2,844	doesn't fit	doesn't fit
Sell Gate live order book, 26 min ago	7.99 bp	176.1 bp −$176	doesn't fit	doesn't fit	doesn't fit

GRVT on 14 exchanges

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	+0.0061%	4h	0.1879	+0.062%	$240K	$38K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1880	+0.131%	$2.7M	$745K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1878	+0.046%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDTshort	+0.0100%	4h	0.1875	−0.130%	$325K	$82K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1877	−0.013%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1877	−0.013%	$186K	$722K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1880	+0.143%	$263K	$15K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1877	−0.025%	$10K	$280K	10x	as long as short
Bitget GRVTUSDT	+0.0280%	4h	0.1879	+0.083%	$667K	$831K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0470%	4h	0.1879	+0.083%	$281K	$160K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.0572%	4h	0.1881	+0.190%	—	$1.7M	—	as long as short
Binance GRVTUSDT	+0.0600%	4h	0.1878	+0.030%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USDlong	+0.0600%	1h	0.1877	long leg	$100K	$464K	5x
Aster GRVTUSDT	+0.0705%	4h	0.1876	−0.077%	$22K	$23K	5x	as long as short