Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0641%/8h= −70.2% APRpaid last 24h +0.066%

Price spread now: GRVT against Vest−0.049%63s7-day average — · you buy dearer than you sell

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

Long on Vest Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · GRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and GRVT is 0.049% cheaper against Vest than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	Vest AMAT-USD-PERP	454.83	0.0046	pay 0.0006% / 1h	24m 03s	—	—	10x
Short	GRVT AMAT_USDT_Perp	454.61	−0.0595	pay 0.0595% / 8h	7h 24m	$536	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Vest. 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 VestbpFee GRVTbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$134.54
Price spread: −0.049% → 0.000%: −$4.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$150.43
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; GRVT: live order book, 64 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 Vest no order-book sample	—	—	—	—	—
Sell GRVT live order book, 64 min ago	2.29 bp	17.3 bp −$17	doesn't fit	doesn't fit	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AMAT on 16 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
GRVT AMAT_USDT_Perpshort	−0.0595%	8h	454.61	−0.049%	$536	$109K	10x
Bitget AMATUSDT	−0.0369%	8h	455.28	+0.099%	$1.9M	$1.9M	20x	as long as short
tradeXYZ xyz:AMAT	−0.0180%	1h	454.99	+0.035%	$2.1M	$2.6M	10x	as long as short
Aster AMATUSDT	0.0000%	8h	454.90	+0.014%	$9K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	454.66	−0.037%	$1K	$14K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	455.10	+0.059%	$8.3M	$14.6M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	454.91	+0.018%	$809K	$700K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	455.39	+0.123%	$1.3M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	455.10	+0.059%	$1.5M	$5.3M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	453.70	−0.249%	$55K	$43K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMAT-USDT	+0.0030%	8h	453.87	−0.211%	$108K	$121K	20x	as long as short
Vest AMAT-USD-PERPlong	+0.0046%	1h	454.83	long leg	—	—	10x
KuCoin AMATUSDTM	+0.0100%	8h	454.20	−0.139%	$389K	$595K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	455.55	+0.158%	$1K	$378K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	455.11	+0.062%	$166K	$40K	20x	as long as short
Phoenix AMAT	+0.0122%	1h	454.19	−0.141%	$18K	$116K	10x	as long as short