GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against KuCoin+0.213%95s7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$542as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$5395.386% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 4 days (all we have)−0.255%−$25 · spread now +0.213%, 7d avg +0.085%

Together, before fees−0.290%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.128% dearer against KuCoin than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.085%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.035% in total) that is about 26 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRVTUSDTM	0.1874	0.0100	pay 0.0050% / 4h	39m 33s	$190K	$761K	20x
Short	BloFin GRVT-USDT	0.1878	0.0064	get 0.0032% / 4h	39m 33s	$238K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.213%Rate

Funding earned: −$7.52
Price spread: +0.213% → +0.085%: $12.83
Slippage, 4 orders: −$514.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$533.28
Costs to cover: 5.386%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 32 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 KuCoin live order book, 5 min ago	6.65 bp	253.1 bp −$253	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 32 min ago	0.53 bp	21.0 bp −$21	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-USDTshort	+0.0064%	4h	0.1878	+0.213%	$238K	$35K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1874	+0.005%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1874	−0.016%	$326K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1875	+0.027%	$3.5M	$131K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0100%	4h	0.1874	long leg	$190K	$761K	20x
Variational Omni GRVT	+0.0100%	4h	0.1880	+0.301%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1877	+0.151%	$10K	$280K	10x	as long as short
Binance GRVTUSDT	+0.0197%	4h	0.1874	−0.037%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USD	+0.0208%	1h	0.1874	+0.005%	$100K	$469K	5x	as long as short
Bybit GRVTUSDT	+0.0259%	4h	0.1874	−0.005%	$2.8M	$743K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRVTUSDT	+0.0264%	4h	0.1874	−0.005%	$23K	$25K	5x	as long as short
Bitget GRVTUSDT	+0.0276%	4h	0.1875	+0.059%	$661K	$824K	20x	as long as short
BingX GRVT-USDT	+0.0290%	4h	0.1875	+0.037%	—	$1.6M	—	as long as short
GRVT GRVT_USDT_Perp	+0.1170%	4h	0.1878	+0.218%	$280K	$160K	10x	as long as short