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 +0.001%

Price spread now: edgeX against MEXC−0.010%68s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$297as 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−$2972.972% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.242%−$24 · spread now −0.010%, 7d avg +0.015%

Together, before fees−0.242%+ Points / potential airdropedgeX: Active · farm board−$24 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 0.025% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 68 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	MEXC GRVT_USDT	0.1923	0.0100	pay 0.0050% / 4h	3h 12m	$3.6M	$133K	20x
Short	edgeX GRVTUSDC	0.1923	0.0100	get 0.0050% / 4h	3h 12m	$12K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → +0.015%: −$2.48
Slippage, 4 orders: −$280.17
Fee MEXC: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$299.65
Costs to cover: 2.972%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; edgeX: live order book, 60 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 MEXC live order book, 5 min ago	0.26 bp	9.4 bp −$9	69.9 bp −$699	210.3 bp −$21.0K	575.3 bp −$287.7K
Sell edgeX live order book, 60 min ago	5.21 bp	126.4 bp −$126	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	+0.0095%	4h	0.1925	+0.052%	$239K	$66K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1923	−0.010%	$2.8M	$792K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1924	+0.010%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1922	−0.078%	$340K	$55K	20x	as long as short
MEXC GRVT_USDTlong	+0.0100%	4h	0.1923	long leg	$3.6M	$133K	20x
Variational Omni GRVT	+0.0100%	4h	0.1923	−0.003%	$269K	$17K	—	as long as short
edgeX GRVTUSDCshort	+0.0100%	4h	0.1923	−0.010%	$12K	$283K	10x
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1922	−0.078%	$297K	$202K	10x	as long as short
Bitget GRVTUSDT	+0.0266%	4h	0.1925	+0.088%	$691K	$547K	20x	as long as short
KuCoin GRVTUSDTM	+0.0688%	4h	0.1922	−0.078%	$238K	$702K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.0942%	4h	0.1923	−0.026%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.0975%	4h	0.1922	−0.055%	$5.2M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.0992%	1h	0.1922	−0.077%	$103K	$432K	5x	as long as short
Aster GRVTUSDT	+0.1108%	4h	0.1923	−0.049%	$23K	$31K	5x	as long as short