GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.027%

Price spread now: MEXC against Gate+0.154%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,114as in the Price arb table

costs, in and out, $10k−$2,12321.234% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$16 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.154%, 7d avg +0.061%

Together, before fees−0.351%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.094% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.061%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 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	0.1881	−0.0280	get 0.0140% / 4h	2h 06m	$332K	$61K	20x
Short	MEXC GRVT_USDT	0.1884	−0.0050	pay 0.0025% / 4h	2h 06m	$3.6M	$136K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.154%Rate

Funding earned: $48.3
Price spread: +0.154% → +0.061%: $9.37
Slippage, 4 orders: −$2,100.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$2,065.73
Costs to cover: 21.234%
Break-even: 306.4 days

Slippage from Gate: live order book, 58 min ago; MEXC: live order book, 5 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, 58 min ago	5.19 bp	1765.9 bp −$1,766	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.59 bp	12.1 bp −$12	60.7 bp −$607	199.3 bp −$19.9K	691.4 bp −$345.7K

GRVT on 13 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_USDTlong	−0.0280%	4h	0.1881	long leg	$332K	$61K	20x
edgeX GRVTUSDC	−0.0053%	4h	0.1877	−0.232%	$10K	$282K	10x	as long as short
MEXC GRVT_USDTshort	−0.0050%	4h	0.1884	+0.154%	$3.6M	$136K	20x
OKX GRVT-USDT-SWAP	−0.0049%	4h	0.1885	+0.207%	$2.0M	$1.8M	20x	as long as short
Binance GRVTUSDT	+0.0100%	4h	0.1883	+0.114%	$5.1M	$2.8M	25x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1884	+0.149%	$2.8M	$780K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1881	+0.005%	$231K	$703K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1876	−0.270%	$263K	$16K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1877	−0.215%	$289K	$193K	10x	as long as short
Aster GRVTUSDT	+0.0102%	4h	0.1882	+0.054%	$23K	$31K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0104%	1h	0.1882	+0.057%	$102K	$425K	5x	as long as short
Bitget GRVTUSDT	+0.0162%	4h	0.1885	+0.186%	$672K	$638K	20x	as long as short
BingX GRVT-USDT	+0.0172%	4h	0.1883	+0.106%	—	$1.6M	—	as long as short