Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.107%

Price spread now: Extended against Variational Omni−0.085%7-day average −0.062% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.301%+$30 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.085%, 7d avg −0.062%

Together, before fees+0.359%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.024% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.062%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRVT	0.1892	0.0100	pay 0.0050% / 4h	3h 32m	$265K	$16K	—
Short	Extended GRVT-USD	0.1890	0.0464	get 0.0058% / 1h	32m 42s	$101K	$420K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee ExtendedbpOrdersPrice spread, now −0.085%Rate

Funding earned: $76.44
Price spread: −0.085% → −0.062%: −$2.39
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $69.05
Costs to cover: 0.050%
Break-even: 0.7 days

Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Extended: live order book, 20 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 21 min ago	15.89 bp	doesn't fit	11228.8 bp −$112.3K	doesn't fit	doesn't fit
Sell Extended live order book, 20 min ago	5.04 bp	40.0 bp −$40	299.0 bp −$2,990	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	0.1889	−0.162%	$331K	$82K	20x	as long as short
Variational Omni GRVTlong	+0.0100%	4h	0.1892	long leg	$265K	$16K	—
KuCoin GRVTUSDTM	+0.0208%	4h	0.1890	−0.130%	$230K	$678K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0278%	4h	0.1892	−0.025%	$285K	$152K	10x	as long as short
Bitget GRVTUSDT	+0.0412%	4h	0.1892	+0.012%	$660K	$782K	20x	as long as short
BingX GRVT-USDT	+0.0418%	4h	0.1892	−0.004%	—	$1.6M	—	as long as short
BloFin GRVT-USDT	+0.0428%	4h	0.1889	−0.146%	$236K	$57K	20x	as long as short
edgeX GRVTUSDC	+0.0449%	4h	0.1892	+0.023%	$10K	$281K	10x	as long as short
OKX GRVT-USDT-SWAP	+0.0451%	4h	0.1892	−0.004%	$2.0M	$2.0M	20x	as long as short
MEXC GRVT_USDT	+0.0456%	4h	0.1892	−0.009%	$3.6M	$135K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GRVTUSDT	+0.0464%	4h	0.1893	+0.028%	$2.8M	$765K	20x	as long as short
Extended GRVT-USDshort	+0.0464%	1h	0.1890	−0.085%	$101K	$420K	5x
Binance GRVTUSDT	+0.0464%	4h	0.1891	−0.056%	$5.1M	$2.9M	25x	as long as short
Aster GRVTUSDT	+0.0647%	4h	0.1890	−0.109%	$22K	$28K	5x	as long as short