EWT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0127%/8h= −13.9% APRnext payment −$1.27 per $10,000 · paid last 24h +0.018%

Price spread now: GRVT against MEXC+0.250%52s7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as 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−$910.910% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.250%, 7d avg +0.011%

Together, before fees−0.182%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.239% dearer against MEXC than usual: you sell high and buy low (spread +0.250% now, against its 7-day average of +0.011%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−0.032% in total) that is about 52 days. The two prices were read 52 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	MEXC EWT_USDT	113.56	0	get 0.0000% / 8h	7h 32m	$2.4M	$82K	50x
Short	GRVT EWT_USDT_Perp	113.84	−0.0127	pay 0.0127% / 8h	7h 32m	$3K	$152K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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 MEXCbpFee GRVTbpOrdersPrice spread, now +0.250%Rate

Funding earned: −$26.67
Price spread: +0.250% → +0.011%: $23.93
Slippage, 4 orders: −$82.04
Fee MEXC: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$93.77
Costs to cover: 0.910%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; GRVT: live order book, 65 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 MEXC live order book, 4 min ago	1.76 bp	3.6 bp −$4	100.7 bp −$1,007	208.7 bp −$20.9K	doesn't fit
Sell GRVT live order book, 65 min ago	3.06 bp	32.3 bp −$32	doesn't fit	doesn't fit	doesn't fit

EWT on 12 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 EWT_USDT_Perpshort	−0.0127%	8h	113.84	+0.250%	$3K	$152K	10x
HTX EWT-USDT	−0.0103%	8h	113.67	+0.097%	$15K	$8K	10x	as long as short
Aster EWTUSDT	0.0000%	8h	113.63	+0.062%	$3K	$76	20x	as long as short
Binance EWTUSDT	0.0000%	8h	113.50	−0.052%	$473K	$513K	20x	as long as short
Bybit EWTUSDT	0.0000%	8h	113.56	0.000%	$217K	$18K	25x	as long as short
OKX EWT-USDT-SWAP	0.0000%	8h	113.54	−0.018%	$171K	$43K	20x	as long as short
Gate EWT_USDT	0.0000%	8h	113.59	+0.026%	$43K	$812	25x	as long as short
MEXC EWT_USDTlong	0.0000%	8h	113.56	long leg	$2.4M	$82K	50x
Bitget EWTUSDT	0.0000%	8h	113.53	−0.026%	$1.2M	$253K	20x	as long as short
Variational Omni EWT	0.0000%	8h	113.71	+0.133%	$55K	$14K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX EWT-USDT	0.0000%	8h	113.49	−0.062%	$1K	$224K	10x	as long as short
tradeXYZ xyz:EWT	+0.0050%	1h	113.50	−0.053%	$707K	$118K	20x	as long as short