Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.098%

Price spread now: Bybit against Extended+0.154%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$415as in the Price arb table

costs, in and out, $10k−$4254.246% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.738%−$74 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.154%, 7d avg +0.060%

Together, before fees−0.793%+ Points / potential airdropExtended: Active · farm board−$79 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.094% dearer against Extended than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.060%): +$9 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1877	0.0600	pay 0.0075% / 1h	19m 36s	$100K	$464K	5x
Short	Bybit GRVTUSDT	0.1880	0.0100	get 0.0050% / 4h	2h 19m	$2.7M	$745K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$105
Price spread: +0.154% → +0.060%: $9.4
Slippage, 4 orders: −$408.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$520.17
Costs to cover: 4.246%
Break-even: never at this rate

Slippage from Extended: live order book, 31 min ago; Bybit: live order book, 6 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 Extended live order book, 31 min ago	5.05 bp	38.0 bp −$38	284.4 bp −$2,844	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	5.05 bp	37.8 bp −$38	doesn't fit	doesn't fit	doesn't fit

GRVT on 14 exchanges

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
BloFin GRVT-USDT	+0.0076%	4h	0.1878	+0.031%	$240K	$38K	20x	as long as short
Bybit GRVTUSDTshort	+0.0100%	4h	0.1880	+0.154%	$2.7M	$745K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1877	−0.006%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1875	−0.129%	$325K	$82K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1877	−0.006%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1877	−0.012%	$186K	$721K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1880	+0.133%	$262K	$15K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1878	+0.005%	$10K	$281K	10x	as long as short
Bitget GRVTUSDT	+0.0274%	4h	0.1880	+0.116%	$667K	$832K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0440%	4h	0.1878	+0.030%	$281K	$160K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.0572%	4h	0.1881	+0.191%	—	$1.7M	—	as long as short
Extended GRVT-USDlong	+0.0600%	1h	0.1877	long leg	$100K	$464K	5x
Binance GRVTUSDT	+0.0606%	4h	0.1878	+0.031%	$5.1M	$2.6M	25x	as long as short
Aster GRVTUSDT	+0.0706%	4h	0.1876	−0.076%	$22K	$23K	5x	as long as short