GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.044%

Price spread now: Bybit against OKX+0.011%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$622as in the Funding arb table

Net, price: spread back to 7d avg − costs−$610as in the Price arb table

costs, in and out, $10k−$6066.061% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$16 on $10k

Price spread, last 7 days+0.122%+$12 · spread now +0.011%, 7d avg +0.048%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.038% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.048%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRVT-USDT-SWAP	0.1884	0.0467	pay 0.0234% / 4h	3h 26m	$2.0M	$2.0M	20x
Short	Bybit GRVTUSDT	0.1884	0.0291	get 0.0145% / 4h	3h 26m	$2.8M	$766K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$37.02
Price spread: +0.011% → +0.048%: −$3.76
Slippage, 4 orders: −$585.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$646.85
Costs to cover: 6.061%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 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 OKX live order book, 5 min ago	0.53 bp	21.2 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	8.20 bp	243.7 bp −$244	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	0.1883	−0.042%	$331K	$86K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1891	+0.383%	$265K	$16K	—	as long as short
KuCoin GRVTUSDTM	+0.0208%	4h	0.1883	−0.069%	$230K	$681K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0212%	4h	0.1890	+0.329%	$284K	$152K	10x	as long as short
Bybit GRVTUSDTshort	+0.0291%	4h	0.1884	+0.011%	$2.8M	$766K	20x
Bitget GRVTUSDT	+0.0420%	4h	0.1884	−0.005%	$655K	$799K	20x	as long as short
edgeX GRVTUSDC	+0.0457%	4h	0.1891	+0.383%	$10K	$279K	10x	as long as short
BloFin GRVT-USDT	+0.0465%	4h	0.1884	−0.005%	$236K	$57K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0467%	4h	0.1884	long leg	$2.0M	$2.0M	20x
MEXC GRVT_USDT	+0.0470%	4h	0.1884	+0.016%	$3.5M	$136K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0472%	1h	0.1882	−0.084%	$101K	$420K	5x	as long as short
Binance GRVTUSDT	+0.0472%	4h	0.1883	−0.042%	$5.1M	$2.9M	25x	as long as short
BingX GRVT-USDT	+0.0526%	4h	0.1883	−0.042%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0656%	4h	0.1885	+0.072%	$22K	$29K	5x	as long as short