Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.093%

Price spread now: GRVT against Extended+0.045%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1421.423% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.668%+$67 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.045%, 7d avg +0.103%

Together, before fees+0.685%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$68 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.059% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.103%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.668%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1920	0.1304	pay 0.0163% / 1h	8m 47s	$103K	$387K	5x
Short	GRVT GRVT_USDT_Perp	0.1920	0.1068	get 0.0534% / 4h	8m 47s	$302K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$49.56
Price spread: +0.045% → +0.103%: −$5.85
Slippage, 4 orders: −$128.27
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$197.68
Costs to cover: 1.423%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; GRVT: live order book, 4 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, 4 min ago	4.43 bp	48.6 bp −$49	325.3 bp −$3,253	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	7.82 bp	23.9 bp −$24	74.6 bp −$746	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	0.1920	+0.046%	$2.8M	$845K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1922	+0.108%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	+0.108%	$3.6M	$132K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1923	+0.191%	$672K	$497K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1922	+0.143%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1922	+0.111%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0104%	4h	0.1921	+0.087%	$239K	$66K	20x	as long as short
Gate GRVT_USDT	+0.0666%	4h	0.1919	−0.033%	$341K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0990%	4h	0.1921	+0.051%	$253K	$668K	20x	as long as short
GRVT GRVT_USDT_Perpshort	+0.1068%	4h	0.1920	+0.045%	$302K	$191K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1260%	4h	0.1919	−0.033%	—	$1.6M	—	as long as short
Extended GRVT-USDlong	+0.1304%	1h	0.1920	long leg	$103K	$387K	5x
Binance GRVTUSDT	+0.1305%	4h	0.1920	+0.020%	$5.3M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1416%	4h	0.1921	+0.047%	$22K	$32K	5x	as long as short