Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%

Price spread now: Gate against KuCoin−0.070%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$573as in the Funding arb table

Net, price: spread back to 7d avg − costs−$589as in the Price arb table

costs, in and out, $10k−$5835.832% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.070%, 7d avg −0.010%

Together, before fees+0.181%+$18 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: Gate is 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRVTUSDTM	0.1868	0.0100	pay 0.0050% / 4h	51m 29s	$227K	$635K	20x
Short	Gate GRVT_USDT	0.1867	0.0100	get 0.0050% / 4h	51m 29s	$329K	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.010%: −$5.91
Slippage, 4 orders: −$556.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$589.13
Costs to cover: 5.832%
Break-even: never at this rate

Slippage from KuCoin: live order book, 32 min ago; Gate: 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 KuCoin live order book, 32 min ago	7.46 bp	226.7 bp −$227	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	8.02 bp	63.7 bp −$64	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	+0.0044%	4h	0.1870	+0.102%	$236K	$56K	20x	as long as short
Aster GRVTUSDT	+0.0100%	4h	0.1871	+0.157%	$23K	$28K	5x	as long as short
Binance GRVTUSDT	+0.0100%	4h	0.1869	+0.016%	$5.0M	$2.9M	25x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1872	+0.219%	$2.8M	$802K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1870	+0.118%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDTshort	+0.0100%	4h	0.1867	−0.070%	$329K	$61K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1870	+0.064%	$3.5M	$133K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0100%	4h	0.1868	long leg	$227K	$635K	20x
Variational Omni GRVT	+0.0100%	4h	0.1876	+0.393%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1870	+0.110%	$10K	$281K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1872	+0.198%	$289K	$193K	10x	as long as short
Extended GRVT-USD	+0.0104%	1h	0.1868	−0.034%	$100K	$421K	5x	as long as short
BingX GRVT-USDT	+0.0120%	4h	0.1870	+0.091%	—	$1.6M	—	as long as short
Bitget GRVTUSDT	+0.0122%	4h	0.1868	−0.027%	$653K	$655K	20x	as long as short