Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%

Price spread now: Gate against OKX−0.298%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3,748as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,784as in the Price arb table

costs, in and out, $10k−$3,76137.606% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.298%, 7d avg −0.062%

Together, before fees+0.728%+$73 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 0.236% cheaper against OKX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRVT-USDT-SWAP	0.1913	0.0100	pay 0.0050% / 4h	2h 39m	$2.0M	$1.8M	20x
Short	Gate GRVT_USDT	0.1907	0.0100	get 0.0050% / 4h	2h 39m	$340K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.298%Rate

Funding earned: $0
Price spread: −0.298% → −0.062%: −$23.59
Slippage, 4 orders: −$3,735.63
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$3,784.22
Costs to cover: 37.606%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: live order book, 45 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	0.26 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 45 min ago	7.84 bp	190.7 bp −$191	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
Bybit GRVTUSDT	+0.0100%	4h	0.1912	−0.052%	$2.8M	$799K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0100%	4h	0.1913	long leg	$2.0M	$1.8M	20x
Gate GRVT_USDTshort	+0.0100%	4h	0.1907	−0.298%	$340K	$54K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1912	−0.016%	$3.6M	$128K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1913	−0.010%	$603K	$406K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1914	+0.050%	$268K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1913	+0.039%	$12K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0117%	4h	0.1912	−0.021%	$241K	$72K	20x	as long as short
KuCoin GRVTUSDTM	+0.0534%	4h	0.1912	−0.021%	$313K	$589K	20x	as long as short
Aster GRVTUSDT	+0.0775%	4h	0.1910	−0.116%	$23K	$29K	5x	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	+0.0862%	4h	0.1912	−0.039%	$301K	$215K	10x	as long as short
BingX GRVT-USDT	+0.0880%	4h	0.1911	−0.089%	—	$1.7M	—	as long as short
Extended GRVT-USD	+0.0944%	1h	0.1911	−0.101%	$102K	$387K	5x	as long as short
Binance GRVTUSDT	+0.0961%	4h	0.1912	−0.037%	$5.3M	$2.8M	25x	as long as short