GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0690%/8h= −75.6% APRnext payment −$3.45 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.161%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4,241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4,206as in the Price arb table

costs, in and out, $10k−$4,21342.129% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.283%−$28 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.161%, 7d avg +0.091%

Together, before fees−0.337%−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.071% dearer against Gate than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.091%): +$7 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.283% in total) that is about 42 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.283% in total (about -14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.45 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	0.1922	0.0790	pay 0.0395% / 4h	37m 37s	$341K	$54K	20x
Short	Bitget GRVTUSDT	0.1925	0.0100	get 0.0050% / 4h	37m 37s	$675K	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$144.9
Price spread: +0.161% → +0.091%: $7.07
Slippage, 4 orders: −$4,185.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4,350.73
Costs to cover: 42.129%
Break-even: never at this rate

Slippage from Gate: live order book, 38 min ago; Bitget: live order book, 37 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, 38 min ago	18.12 bp	3798.2 bp −$3,798	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 37 min ago	5.44 bp	22.8 bp −$23	129.9 bp −$1,299	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
BloFin GRVT-USDT	+0.0093%	4h	0.1924	+0.099%	$241K	$66K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1925	+0.156%	$2.8M	$850K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1925	+0.146%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1924	+0.094%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDTshort	+0.0100%	4h	0.1925	+0.161%	$675K	$480K	20x
Variational Omni GRVT	+0.0100%	4h	0.1925	+0.151%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1925	+0.137%	$12K	$281K	10x	as long as short
Gate GRVT_USDTlong	+0.0790%	4h	0.1922	long leg	$341K	$54K	20x
KuCoin GRVTUSDTM	+0.1062%	4h	0.1924	+0.088%	$247K	$654K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1242%	4h	0.1924	+0.081%	$303K	$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	+0.1369%	4h	0.1922	0.000%	—	$1.6M	—	as long as short
Extended GRVT-USD	+0.1424%	1h	0.1922	−0.017%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1427%	4h	0.1922	0.000%	$5.3M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1471%	4h	0.1922	0.000%	$24K	$30K	5x	as long as short