Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.060%

Price spread now: MEXC against Extended−0.038%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$940.939% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.583%−$58 on $10k

Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.038%, 7d avg +0.028%

Together, before fees−0.411%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.066% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1890	0.0456	pay 0.0057% / 1h	22m 52s	$101K	$324K	5x
Short	MEXC GRVT_USDT	0.1889	0.0426	get 0.0213% / 4h	2h 22m	$3.6M	$129K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$6.3
Price spread: −0.038% → +0.028%: −$6.58
Slippage, 4 orders: −$80.87
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$106.75
Costs to cover: 0.939%
Break-even: never at this rate

Slippage from Extended: live order book, 25 min ago; MEXC: 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, 25 min ago	4.77 bp	38.9 bp −$39	292.3 bp −$2,923	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.26 bp	10.0 bp −$10	61.0 bp −$610	180.3 bp −$18.0K	681.3 bp −$340.6K

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
Gate GRVT_USDT	+0.0100%	4h	0.1887	−0.159%	$331K	$96K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1887	−0.152%	$264K	$16K	—	as long as short
KuCoin GRVTUSDTM	+0.0232%	4h	0.1889	−0.064%	$202K	$764K	20x	as long as short
Bybit GRVTUSDT	+0.0263%	4h	0.1890	−0.011%	$2.8M	$771K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0276%	4h	0.1890	−0.003%	$286K	$149K	10x	as long as short
Bitget GRVTUSDT	+0.0412%	4h	0.1888	−0.096%	$667K	$849K	20x	as long as short
MEXC GRVT_USDTshort	+0.0426%	4h	0.1889	−0.038%	$3.6M	$129K	20x
OKX GRVT-USDT-SWAP	+0.0427%	4h	0.1890	+0.015%	$2.0M	$2.1M	20x	as long as short
edgeX GRVTUSDC	+0.0450%	4h	0.1886	−0.217%	$10K	$280K	10x	as long as short
Extended GRVT-USDlong	+0.0456%	1h	0.1890	long leg	$101K	$324K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRVTUSDT	+0.0456%	4h	0.1890	−0.001%	$5.1M	$2.9M	25x	as long as short
BingX GRVT-USDT	+0.0460%	4h	0.1891	+0.052%	—	$1.6M	—	as long as short
BloFin GRVT-USDT	+0.0489%	4h	0.1891	+0.047%	$239K	$53K	20x	as long as short
Aster GRVTUSDT	+0.0657%	4h	0.1889	−0.040%	$23K	$29K	5x	as long as short