Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.78 | −0.2240 | get 0.1120% / 4h | 3h 45m | $756 | $130K | 10x | Long GRVT | |
| SHORT | 120.23 | −0.4436 | pay 0.2218% / 4h | 3h 45m | $34K | $120K | 20x | Short MEXC |
Price gap+0.376%
Funding gap−0.2196% /8h
The gap pays +$38 on $10k if it goes back to its 7d average, but funding costs $66 a day and eats that in about 14 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.2196% /8h now · paid +0.056% over the last 7D
Price+$38spread +0.376% now, avg −0.003% → +0.379% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$43+0.43%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.056% in total, about +0.0026%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.376%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than GRVT’s order book right now.
- Note: Margin at max leverage$1,000 + $500GRVT 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$65.88Long GRVT: 6 payments, +$67.20; short MEXC: 6 payments, −$133.08.
- OK: Entry gap works for you+0.376% vs −0.003%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$756 vs $34K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0026%/8h × 21 periods+$5.56
Price spread+0.376% → −0.003% (7d avg)+$37.87
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee GRVT bp × 2 orders−$9.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: GRVT: live order book, 34 min ago; MEXC: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT8.69doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit
Closing costs about the same again.

