Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.093%

Price spread now: Extended against GRVT−0.045%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1421.423% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.668%−$67 on $10k

Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.045%, 7d avg −0.103%

Together, before fees−0.685%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$68 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 Extended is 0.059% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.103%. Mind the row above: over the last 7 days funding on this pair cost −0.668%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT GRVT_USDT_Perp	0.1920	0.1068	pay 0.0534% / 4h	8m 58s	$302K	$191K	10x
Short	Extended GRVT-USD	0.1920	0.1304	get 0.0163% / 1h	8m 58s	$103K	$387K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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 GRVTbpFee ExtendedbpOrdersPrice spread, now −0.045%Rate

Funding earned: $49.56
Price spread: −0.045% → −0.103%: $5.86
Slippage, 4 orders: −$128.27
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$86.85
Costs to cover: 1.423%
Break-even: 19.3 days

Slippage from GRVT: live order book, 4 min ago; Extended: 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 GRVT live order book, 4 min ago	7.82 bp	34.9 bp −$35	104.1 bp −$1,041	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	4.43 bp	34.8 bp −$35	273.2 bp −$2,732	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	0.1920	+0.001%	$2.8M	$845K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1922	+0.068%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1921	+0.053%	$3.6M	$132K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1923	+0.146%	$672K	$497K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1922	+0.098%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1922	+0.066%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0104%	4h	0.1921	+0.042%	$239K	$66K	20x	as long as short
Gate GRVT_USDT	+0.0666%	4h	0.1919	−0.077%	$341K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0990%	4h	0.1921	+0.021%	$253K	$668K	20x	as long as short
GRVT GRVT_USDT_Perplong	+0.1068%	4h	0.1920	long leg	$302K	$191K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1260%	4h	0.1920	−0.025%	—	$1.6M	—	as long as short
Extended GRVT-USDshort	+0.1304%	1h	0.1920	−0.045%	$103K	$387K	5x
Binance GRVTUSDT	+0.1305%	4h	0.1920	−0.025%	$5.3M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1416%	4h	0.1920	−0.004%	$22K	$32K	5x	as long as short