GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$1.24 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against MEXC−0.048%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$538as in the Funding arb table

Net, price: spread back to 7d avg − costs−$543as in the Price arb table

costs, in and out, $10k−$5425.420% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days+0.044%+$4 · spread now −0.048%, 7d avg −0.033%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRVT_USDT	0.1890	0.0456	pay 0.0228% / 4h	3h 29m	$3.6M	$135K	20x
Short	KuCoin GRVTUSDTM	0.1889	0.0208	get 0.0104% / 4h	3h 29m	$230K	$681K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$52.08
Price spread: −0.048% → −0.033%: −$1.48
Slippage, 4 orders: −$521.98
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$595.54
Costs to cover: 5.420%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 44 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, 2 min ago	1.06 bp	13.0 bp −$13	68.6 bp −$686	218.2 bp −$21.8K	853.8 bp −$426.9K
Sell KuCoin live order book, 44 min ago	4.25 bp	256.7 bp −$257	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
Gate GRVT_USDT	+0.0100%	4h	0.1888	−0.111%	$332K	$83K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1891	+0.049%	$265K	$16K	—	as long as short
KuCoin GRVTUSDTMshort	+0.0208%	4h	0.1889	−0.048%	$230K	$681K	20x
Bybit GRVTUSDT	+0.0249%	4h	0.1890	+0.021%	$2.8M	$765K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0260%	4h	0.1891	+0.040%	$285K	$152K	10x	as long as short
Bitget GRVTUSDT	+0.0414%	4h	0.1892	+0.106%	$661K	$785K	20x	as long as short
MEXC GRVT_USDTlong	+0.0456%	4h	0.1890	long leg	$3.6M	$135K	20x
OKX GRVT-USDT-SWAP	+0.0457%	4h	0.1892	+0.106%	$2.0M	$2.0M	20x	as long as short
edgeX GRVTUSDC	+0.0457%	4h	0.1891	+0.065%	$10K	$281K	10x	as long as short
Extended GRVT-USD	+0.0464%	1h	0.1889	−0.035%	$101K	$420K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRVTUSDT	+0.0467%	4h	0.1890	−0.005%	$5.1M	$2.9M	25x	as long as short
BloFin GRVT-USDT	+0.0493%	4h	0.1892	+0.116%	$237K	$57K	20x	as long as short
BingX GRVT-USDT	+0.0526%	4h	0.1890	−0.005%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0646%	4h	0.1890	−0.005%	$22K	$28K	5x	as long as short