Settings8H · net · $10k
Funding arb · Price arb /

GRVT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.43 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against KuCoin+0.208%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$885as in the Price arb table
costs, in and out, $10k−$8988.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 7 days−0.115%−$12 · spread now +0.208%, 7d avg +0.080%
Together, before fees−0.301%−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.128% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRVTUSDTM0.18750.0100pay 0.0050% / 4h1h 06m$186K$766K20x
ShortBybit GRVTUSDT0.18790.0185get 0.0093% / 4h1h 06m$2.8M$768K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Funding earned
$17.88
Price spread: +0.208% → +0.080%
$12.79
Slippage, 4 orders
−$875.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$867.54
Costs to cover
8.982%
Break-even
346.7 days
Slippage from KuCoin: live order book, 30 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 30 min ago6.39 bp259.2 bp −$259doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago8.25 bp33.3 bp −$33doesn't fitdoesn't fitdoesn't fit

GRVT on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX GRVT-USDT-SWAP+0.0100%4h0.1876+0.064%$2.0M$2.0M20xas long as short
Gate GRVT_USDT+0.0100%4h0.1872−0.165%$325K$85K20xas long as short
MEXC GRVT_USDT+0.0100%4h0.1875+0.016%$3.5M$133K20xas long as short
KuCoin GRVTUSDTMlong+0.0100%4h0.1875long leg$186K$766K20x
Variational Omni GRVT+0.0100%4h0.1877+0.113%$262K$15Kas long as short
edgeX GRVTUSDC+0.0100%4h0.1875−0.017%$10K$281K10xas long as short
GRVT GRVT_USDT_Perp+0.0100%4h0.1874−0.045%$280K$171K10xas long as short
Bitget GRVTUSDT+0.0138%4h0.1877+0.080%$665K$853K20xas long as short
BloFin GRVT-USDT+0.0141%4h0.1875+0.021%$196K$39K20xas long as short
Bybit GRVTUSDTshort+0.0185%4h0.1879+0.208%$2.8M$768K20x
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRVT-USD+0.0360%1h0.1876+0.042%$100K$459K5xas long as short
BingX GRVT-USDT+0.0360%4h0.1871−0.219%$1.7Mas long as short
Binance GRVTUSDT+0.0360%4h0.1876+0.074%$5.1M$2.6M25xas long as short
Aster GRVTUSDT+0.0543%4h0.1876+0.043%$21K$23K5xas long as short