GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.37 per $10,000 · paid last 24h −0.036%

Price spread now: Bitget against OKX+0.053%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1011.008% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.053%, 7d avg +0.026%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.027% dearer against OKX than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRVT-USDT-SWAP	0.1888	0.0493	pay 0.0246% / 4h	2h 40m	$2.0M	$2.0M	20x
Short	Bitget GRVTUSDT	0.1889	0.0418	get 0.0209% / 4h	2h 40m	$655K	$820K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$15.67
Price spread: +0.053% → +0.026%: $2.67
Slippage, 4 orders: −$78.8
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$113.79
Costs to cover: 1.008%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 5 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 OKX live order book, 2 min ago	1.59 bp	20.7 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.50 bp	23.9 bp −$24	317.2 bp −$3,172	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	0.1887	−0.064%	$331K	$89K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1888	+0.015%	$265K	$15K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0154%	4h	0.1889	+0.042%	$277K	$162K	10x	as long as short
Bybit GRVTUSDT	+0.0194%	4h	0.1889	+0.026%	$2.8M	$762K	20x	as long as short
KuCoin GRVTUSDTM	+0.0236%	4h	0.1887	−0.058%	$194K	$738K	20x	as long as short
Bitget GRVTUSDTshort	+0.0418%	4h	0.1889	+0.053%	$655K	$820K	20x
BloFin GRVT-USDT	+0.0450%	4h	0.1889	+0.021%	$238K	$55K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0493%	4h	0.1888	long leg	$2.0M	$2.0M	20x
Extended GRVT-USD	+0.0496%	1h	0.1887	−0.069%	$101K	$326K	5x	as long as short
MEXC GRVT_USDT	+0.0496%	4h	0.1888	−0.016%	$3.6M	$128K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRVTUSDT	+0.0498%	4h	0.1888	+0.015%	$5.1M	$2.9M	25x	as long as short
BingX GRVT-USDT	+0.0502%	4h	0.1888	−0.011%	—	$1.6M	—	as long as short
edgeX GRVTUSDC	+0.0510%	4h	0.1888	−0.002%	$10K	$280K	10x	as long as short
Aster GRVTUSDT	+0.0702%	4h	0.1888	−0.032%	$23K	$29K	5x	as long as short