Funding arb · Price arb /

EWZ

RWAall EWZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.116%

Price spread now: Bitget against GRVT−0.010%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

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

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT EWZ_USDT_Perp	37.923	0	get 0.0000% / 8h	1h 34m	$3	$133K	10x
Short	Bitget EWZUSDT	37.919	0	get 0.0000% / 8h	1h 34m	$77K	$24K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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 GRVTbpFee BitgetbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → 0.000%: −$1.01
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.01
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 2 min ago; Bitget: no order-book sample. 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 GRVT live order book, 2 min ago	5.27 bp	87.7 bp −$88	181.4 bp −$1,814	doesn't fit	doesn't fit
Sell Bitget no order-book sample	—	—	—	—	—

Bitget: 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.

EWZ on 13 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
KuCoin EWZUSDTM	−0.0703%	8h	37.830	−0.245%	$25K	$721K	20x	as long as short
tradeXYZ xyz:EWZ	−0.0502%	1h	37.904	−0.050%	$592K	$83K	20x	as long as short
Aster EWZUSDT	0.0000%	8h	37.928	+0.014%	$9K	$50	20x	as long as short
Binance EWZUSDT	0.0000%	8h	37.919	−0.010%	$288K	$262K	20x	as long as short
Bybit EWZUSDT	0.0000%	8h	37.890	−0.087%	$327K	$15K	25x	as long as short
OKX EWZ-USDT-SWAP	0.0000%	8h	37.920	−0.007%	$124K	$40K	20x	as long as short
Gate EWZ_USDT	0.0000%	8h	37.890	−0.087%	$60K	$7K	20x	as long as short
MEXC EWZ_USDT	0.0000%	8h	37.900	−0.060%	$721K	$80K	50x	as long as short
Bitget EWZUSDTshort	0.0000%	8h	37.919	−0.010%	$77K	$24K	20x
Variational Omni EWZ	0.0000%	8h	37.913	−0.025%	$49K	$34K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT EWZ_USDT_Perplong	0.0000%	8h	37.923	long leg	$3	$133K	10x
SunX EWZ-USDT	0.0000%	8h	37.910	−0.034%	$1K	$510K	10x	as long as short
HTX EWZ-USDT	0.0000%	8h	37.840	−0.218%	$5K	$7K	10x	as long as short