GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h +0.027%

Price spread now: OKX against Gate+0.052%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,419as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,404as in the Price arb table

costs, in and out, $10k−$2,40324.031% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.052%, 7d avg +0.065%

Together, before fees−0.365%−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.45 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	0.1921	0.0390	pay 0.0195% / 4h	3h 41m	$341K	$54K	20x
Short	OKX GRVT-USDT-SWAP	0.1922	0.0100	get 0.0050% / 4h	3h 41m	$2.0M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$60.9
Price spread: +0.052% → +0.065%: −$1.27
Slippage, 4 orders: −$2,378.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2,465.32
Costs to cover: 24.031%
Break-even: never at this rate

Slippage from Gate: live order book, 29 min ago; OKX: 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, 29 min ago	5.21 bp	2044.8 bp −$2,045	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	0.52 bp	27.1 bp −$27	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
BloFin GRVT-USDT	+0.0098%	4h	0.1924	+0.156%	$240K	$66K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1923	+0.088%	$2.8M	$813K	20x	as long as short
OKX GRVT-USDT-SWAPshort	+0.0100%	4h	0.1922	+0.052%	$2.0M	$1.8M	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1922	+0.047%	$3.6M	$131K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1926	+0.240%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1923	+0.091%	$12K	$280K	10x	as long as short
Bitget GRVTUSDT	+0.0260%	4h	0.1924	+0.161%	$692K	$534K	20x	as long as short
Gate GRVT_USDTlong	+0.0390%	4h	0.1921	long leg	$341K	$54K	20x
GRVT GRVT_USDT_Perp	+0.0406%	4h	0.1923	+0.103%	$303K	$191K	10x	as long as short
KuCoin GRVTUSDTM	+0.0954%	4h	0.1921	+0.026%	$234K	$688K	20x	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	+0.1218%	4h	0.1921	0.000%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.1263%	4h	0.1921	0.000%	$5.2M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1272%	1h	0.1921	−0.021%	$103K	$512K	5x	as long as short
Aster GRVTUSDT	+0.1395%	4h	0.1922	+0.038%	$22K	$31K	5x	as long as short