GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0780%/8h= +85.4% APRnext payment +$3.90 per $10,000 · paid last 24h +0.081%

Price spread now: BingX against Gate+0.315%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3,717as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,740as in the Price arb table

costs, in and out, $10k−$3,76037.598% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.431%+$43 on $10k

Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.315%, 7d avg +0.117%

Together, before fees+0.225%+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.198% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.117%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.431% in total (about 22.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRVT_USDT	0.1907	0.0100	pay 0.0050% / 4h	2h 41m	$340K	$54K	20x
Short	BingX GRVT-USDT	0.1913	0.0880	get 0.0440% / 4h	2h 41m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.315%Rate

Funding earned: $163.8
Price spread: +0.315% → +0.117%: $19.76
Slippage, 4 orders: −$3,734.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$3,576.24
Costs to cover: 37.598%
Break-even: 159.8 days

Slippage from Gate: live order book, 43 min ago; BingX: live order book, 6 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 Gate live order book, 43 min ago	7.84 bp	3515.0 bp −$3,515	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	2.62 bp	28.6 bp −$29	93.3 bp −$933	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	0.1913	+0.288%	$2.8M	$800K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1913	+0.336%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDTlong	+0.0100%	4h	0.1907	long leg	$340K	$54K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1913	+0.320%	$3.6M	$128K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1910	+0.163%	$602K	$405K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1911	+0.229%	$267K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1913	+0.299%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0117%	4h	0.1912	+0.278%	$241K	$72K	20x	as long as short
KuCoin GRVTUSDTM	+0.0514%	4h	0.1912	+0.246%	$313K	$589K	20x	as long as short
Aster GRVTUSDT	+0.0754%	4h	0.1910	+0.151%	$23K	$29K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.0866%	4h	0.1911	+0.229%	$301K	$215K	10x	as long as short
BingX GRVT-USDTshort	+0.0880%	4h	0.1913	+0.315%	—	$1.7M	—
Extended GRVT-USD	+0.0944%	1h	0.1912	+0.286%	$102K	$387K	5x	as long as short
Binance GRVTUSDT	+0.0947%	4h	0.1913	+0.291%	$5.3M	$2.8M	25x	as long as short