Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: edgeX against KuCoin−0.169%83s7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$759as 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−$7557.545% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.169%, 7d avg +0.068%

Together, before fees+0.081%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.237% cheaper against KuCoin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.068%. The two prices were read 83 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	0.1882	0.0100	pay 0.0050% / 4h	3h 50m	$192K	$770K	20x
Short	edgeX GRVTUSDC	0.1879	0.0100	get 0.0050% / 4h	3h 50m	$10K	$280K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → +0.068%: −$23.71
Slippage, 4 orders: −$733.54
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$778.25
Costs to cover: 7.545%
Break-even: never at this rate

Slippage from KuCoin: live order book, 54 min ago; edgeX: live order book, 48 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, 54 min ago	6.65 bp	253.1 bp −$253	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 48 min ago	8.02 bp	133.7 bp −$134	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
Bybit GRVTUSDT	+0.0100%	4h	0.1883	+0.043%	$2.8M	$738K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1882	−0.032%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1879	−0.175%	$326K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1882	−0.032%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0100%	4h	0.1882	long leg	$192K	$770K	20x
Variational Omni GRVT	+0.0100%	4h	0.1883	+0.045%	$263K	$16K	—	as long as short
edgeX GRVTUSDCshort	+0.0100%	4h	0.1879	−0.169%	$10K	$280K	10x
BloFin GRVT-USDT	+0.0158%	4h	0.1882	+0.005%	$239K	$37K	20x	as long as short
Binance GRVTUSDT	+0.0221%	4h	0.1884	+0.069%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USD	+0.0224%	1h	0.1883	+0.043%	$102K	$465K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDT	+0.0306%	4h	0.1884	+0.080%	$680K	$836K	20x	as long as short
BingX GRVT-USDT	+0.0310%	4h	0.1885	+0.143%	—	$1.7M	—	as long as short
Aster GRVTUSDT	+0.0357%	4h	0.1879	−0.171%	$23K	$24K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.1042%	4h	0.1882	−0.023%	$289K	$176K	10x	as long as short