Settings8H · net · $10k
Funding arb · Price arb /

GRVT

all GRVT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0334%/8h= +36.5% APRnext payment +$1.67 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against KuCoin+0.167%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$449as in the Funding arb table
Net, price: spread back to 7d avg − costs−$500as in the Price arb table
costs, in and out, $10k−$5065.059% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.564%+$56 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.167%, 7d avg +0.107%
Together, before fees+0.558%+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRVTUSDTM0.19290.0936pay 0.0468% / 4h1h 35m$264K$618K20x
ShortBinance GRVTUSDT0.19320.1270get 0.0635% / 4h1h 35m$5.3M$2.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
$70.05
Price spread: +0.167% → +0.107%
$5.96
Slippage, 4 orders
−$483.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$429.88
Costs to cover
5.059%
Break-even
50.0 days
Slippage from KuCoin: live order book, 38 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 38 min ago7.82 bp220.0 bp −$220doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.59 bp26.3 bp −$26190.9 bp −$1,909doesn't fitdoesn't fit

GRVT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GRVT-USDT+0.0070%4h0.1930+0.057%$239K$73K20xas long as short
Bybit GRVTUSDT+0.0100%4h0.1933+0.233%$2.8M$837K20xas long as short
OKX GRVT-USDT-SWAP+0.0100%4h0.1930+0.099%$2.0M$1.8M20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1931+0.119%$3.6M$129K20xas long as short
Bitget GRVTUSDT+0.0100%4h0.1932+0.176%$621K$427K20xas long as short
Variational Omni GRVT+0.0100%4h0.1931+0.110%$270K$17Kas long as short
edgeX GRVTUSDC+0.0100%4h0.1930+0.073%$12K$281K10xas long as short
Gate GRVT_USDT+0.0418%4h0.1928−0.031%$344K$54K20xas long as short
KuCoin GRVTUSDTMlong+0.0936%4h0.1929long leg$264K$618K20x
GRVT GRVT_USDT_Perp+0.1152%4h0.1930+0.072%$304K$191K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRVT-USDT+0.1186%4h0.1931+0.124%$1.6Mas long as short
Binance GRVTUSDTshort+0.1270%4h0.1932+0.167%$5.3M$2.8M25x
Extended GRVT-USD+0.1272%1h0.1932+0.151%$103K$387K5xas long as short
Aster GRVTUSDT+0.1275%4h0.1926−0.135%$24K$30K5xas long as short