Funding arb · Price arb /

GRVT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h −0.080%

Price spread now: KuCoin against Extended+0.009%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$446as in the Funding arb table

Net, price: spread back to 7d avg − costs−$387as in the Price arb table

costs, in and out, $10k−$3903.899% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.563%−$56 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.009%, 7d avg −0.023%

Together, before fees−0.455%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.023%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1921	0.1280	pay 0.0160% / 1h	1m 22s	$103K	$387K	5x
Short	KuCoin GRVTUSDTM	0.1921	0.0978	get 0.0489% / 4h	1m 22s	$253K	$669K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$63.42
Price spread: +0.009% → −0.023%: $3.17
Slippage, 4 orders: −$372.9
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$450.15
Costs to cover: 3.899%
Break-even: never at this rate

Slippage from Extended: live order book, 11 min ago; KuCoin: live order book, 62 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, 11 min ago	4.43 bp	48.6 bp −$49	325.3 bp −$3,253	doesn't fit	doesn't fit
Sell KuCoin live order book, 62 min ago	4.40 bp	177.5 bp −$178	doesn't fit	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	−0.075%	$2.8M	$845K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1923	+0.087%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	+0.050%	$3.6M	$133K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1922	+0.047%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1922	+0.039%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0122%	4h	0.1923	+0.092%	$239K	$67K	20x	as long as short
Bitget GRVTUSDT	+0.0162%	4h	0.1922	+0.029%	$680K	$502K	20x	as long as short
Gate GRVT_USDT	+0.0650%	4h	0.1919	−0.116%	$341K	$54K	20x	as long as short
KuCoin GRVTUSDTMshort	+0.0978%	4h	0.1921	+0.009%	$253K	$669K	20x
GRVT GRVT_USDT_Perp	+0.1034%	4h	0.1920	−0.064%	$302K	$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	+0.1210%	4h	0.1923	+0.092%	—	$1.6M	—	as long as short
Extended GRVT-USDlong	+0.1280%	1h	0.1921	long leg	$103K	$387K	5x
Binance GRVTUSDT	+0.1281%	4h	0.1922	+0.020%	$5.3M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1398%	4h	0.1921	−0.012%	$22K	$32K	5x	as long as short