GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0968%/8h= +106.0% APRnext payment +$4.84 per $10,000 · paid last 24h +0.081%

Price spread now: BingX against Gate+0.365%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3,723as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,742as in the Price arb table

costs, in and out, $10k−$3,76637.665% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.431%+$43 on $10k

Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.365%, 7d avg +0.117%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BingX is 0.248% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.117%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.431% in total (about 22.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRVT_USDT	0.1916	0.0106	pay 0.0053% / 4h	2h 21m	$342K	$54K	20x
Short	BingX GRVT-USDT	0.1923	0.1074	get 0.0537% / 4h	2h 21m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.365%Rate

Funding earned: $203.28
Price spread: +0.365% → +0.117%: $24.83
Slippage, 4 orders: −$3,741.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$3,538.34
Costs to cover: 37.665%
Break-even: 128.8 days

Slippage from Gate: live order book, 63 min ago; BingX: 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 Gate live order book, 63 min ago	7.84 bp	3515.0 bp −$3,515	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	7.82 bp	30.9 bp −$31	108.2 bp −$1,082	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 GRVTUSDT	+0.0100%	4h	0.1923	+0.360%	$2.8M	$803K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1922	+0.334%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1921	+0.277%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1923	+0.386%	$606K	$405K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1921	+0.286%	$269K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1919	+0.168%	$12K	$280K	10x	as long as short
Gate GRVT_USDTlong	+0.0106%	4h	0.1916	long leg	$342K	$54K	20x
BloFin GRVT-USDT	+0.0159%	4h	0.1920	+0.204%	$241K	$72K	20x	as long as short
KuCoin GRVTUSDTM	+0.0732%	4h	0.1922	+0.292%	$315K	$586K	20x	as long as short
Aster GRVTUSDT	+0.1008%	4h	0.1918	+0.101%	$24K	$29K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDTshort	+0.1074%	4h	0.1923	+0.365%	—	$1.7M	—
GRVT GRVT_USDT_Perp	+0.1082%	4h	0.1919	+0.145%	$302K	$215K	10x	as long as short
Extended GRVT-USD	+0.1152%	1h	0.1923	+0.354%	$102K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1178%	4h	0.1923	+0.364%	$5.3M	$2.7M	25x	as long as short