GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.113%

Price spread now: Bybit against Binance+0.047%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$515as in the Funding arb table

Net, price: spread back to 7d avg − costs−$432as in the Price arb table

costs, in and out, $10k−$4384.384% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.768%−$77 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.047%, 7d avg −0.020%

Together, before fees−0.841%−$84 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.067% dearer against Binance than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.020%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.768% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRVTUSDT	0.1882	0.0240	pay 0.0120% / 4h	3h 48m	$5.1M	$2.6M	25x
Short	Bybit GRVTUSDT	0.1883	0.0100	get 0.0050% / 4h	3h 48m	$2.8M	$737K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$29.36
Price spread: +0.047% → −0.020%: $6.66
Slippage, 4 orders: −$417.37
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$461.06
Costs to cover: 4.384%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 3 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 Binance live order book, 4 min ago	2.66 bp	27.7 bp −$28	230.6 bp −$2,306	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	11.15 bp	54.3 bp −$54	doesn't fit	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
Bybit GRVTUSDTshort	+0.0100%	4h	0.1883	+0.047%	$2.8M	$737K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1881	−0.060%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1879	−0.145%	$326K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1881	−0.033%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1882	+0.009%	$192K	$770K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1883	+0.075%	$263K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1879	−0.138%	$10K	$280K	10x	as long as short
BloFin GRVT-USDT	+0.0116%	4h	0.1882	+0.015%	$238K	$37K	20x	as long as short
Extended GRVT-USD	+0.0232%	1h	0.1882	−0.010%	$102K	$465K	5x	as long as short
Binance GRVTUSDTlong	+0.0240%	4h	0.1882	long leg	$5.1M	$2.6M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDT	+0.0306%	4h	0.1883	+0.052%	$679K	$836K	20x	as long as short
BingX GRVT-USDT	+0.0310%	4h	0.1883	+0.068%	—	$1.7M	—	as long as short
Aster GRVTUSDT	+0.0370%	4h	0.1878	−0.176%	$23K	$24K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.1042%	4h	0.1882	+0.008%	$289K	$176K	10x	as long as short