GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against OKX−0.280%73s7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as 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−$1061.062% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 3 days (all we have)+0.191%+$19 · spread now −0.280%, 7d avg +0.022%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.301% cheaper against OKX than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 73 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	OKX GRVT-USDT-SWAP	0.1931	0.0100	pay 0.0050% / 4h	1h 10m	$2.0M	$1.8M	20x
Short	BloFin GRVT-USDT	0.1925	0.0087	get 0.0043% / 4h	1h 10m	$239K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.280%Rate

Funding earned: −$2.74
Price spread: −0.280% → +0.022%: −$30.12
Slippage, 4 orders: −$84.19
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$139.05
Costs to cover: 1.062%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 66 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	0.52 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 66 min ago	0.26 bp	21.7 bp −$22	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-USDTshort	+0.0087%	4h	0.1925	−0.280%	$239K	$69K	20x
Bybit GRVTUSDT	+0.0100%	4h	0.1930	−0.016%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0100%	4h	0.1931	long leg	$2.0M	$1.8M	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1929	−0.098%	$3.6M	$131K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1928	−0.119%	$629K	$436K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1929	−0.078%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1926	−0.237%	$12K	$280K	10x	as long as short
Gate GRVT_USDT	+0.0646%	4h	0.1926	−0.249%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0922%	4h	0.1926	−0.264%	$248K	$629K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1202%	4h	0.1928	−0.145%	$303K	$191K	10x	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	+0.1274%	4h	0.1929	−0.093%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1308%	4h	0.1926	−0.249%	$24K	$30K	5x	as long as short
Binance GRVTUSDT	+0.1328%	4h	0.1930	−0.046%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1328%	1h	0.1928	−0.168%	$103K	$387K	5x	as long as short