GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Bitget+0.048%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$635as in the Funding arb table

Net, price: spread back to 7d avg − costs−$630as in the Price arb table

costs, in and out, $10k−$6356.346% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.048%, 7d avg −0.001%

Together, before fees−0.300%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.048% dearer against Bitget than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.007% in total) that is about 47 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRVTUSDT	0.1890	0.0438	pay 0.0219% / 4h	2h 55m	$660K	$805K	20x
Short	Bybit GRVTUSDT	0.1890	0.0409	get 0.0204% / 4h	2h 55m	$2.8M	$763K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$6.17
Price spread: +0.048% → −0.001%: $4.83
Slippage, 4 orders: −$611.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$635.95
Costs to cover: 6.346%
Break-even: never at this rate

Slippage from Bitget: live order book, 55 min ago; Bybit: live order book, 2 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 Bitget live order book, 55 min ago	5.83 bp	18.6 bp −$19	288.8 bp −$2,888	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	14.54 bp	287.7 bp −$288	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
Gate GRVT_USDT	+0.0100%	4h	0.1887	−0.138%	$330K	$88K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1890	+0.025%	$265K	$15K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0258%	4h	0.1892	+0.125%	$277K	$162K	10x	as long as short
KuCoin GRVTUSDTM	+0.0276%	4h	0.1887	−0.116%	$193K	$728K	20x	as long as short
Bybit GRVTUSDTshort	+0.0409%	4h	0.1890	+0.048%	$2.8M	$763K	20x
Bitget GRVTUSDTlong	+0.0438%	4h	0.1890	long leg	$660K	$805K	20x
BingX GRVT-USDT	+0.0510%	4h	0.1888	−0.085%	—	$1.6M	—	as long as short
Extended GRVT-USD	+0.0528%	1h	0.1887	−0.112%	$101K	$326K	5x	as long as short
Binance GRVTUSDT	+0.0530%	4h	0.1888	−0.085%	$5.1M	$2.9M	25x	as long as short
OKX GRVT-USDT-SWAP	+0.0538%	4h	0.1888	−0.069%	$2.0M	$2.0M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRVTUSDC	+0.0538%	4h	0.1892	+0.115%	$10K	$280K	10x	as long as short
MEXC GRVT_USDT	+0.0540%	4h	0.1889	−0.037%	$3.6M	$127K	20x	as long as short
BloFin GRVT-USDT	+0.0597%	4h	0.1889	−0.016%	$194K	$57K	20x	as long as short
Aster GRVTUSDT	+0.0753%	4h	0.1888	−0.085%	$23K	$29K	5x	as long as short