GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.130%

Price spread now: Bitget against Binance+0.104%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1011.015% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.777%−$78 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.104%, 7d avg +0.015%

Together, before fees−0.743%−$74 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.089% dearer against Binance than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.015%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.777% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRVTUSDT	0.1905	0.0274	pay 0.0137% / 4h	2h 24m	$5.2M	$2.8M	25x
Short	Bitget GRVTUSDT	0.1907	0.0214	get 0.0107% / 4h	2h 24m	$673K	$626K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.104%Rate

Funding earned: −$12.66
Price spread: +0.104% → +0.015%: $8.89
Slippage, 4 orders: −$79.47
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$105.24
Costs to cover: 1.015%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 41 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 Binance live order book, 13 min ago	2.63 bp	26.5 bp −$26	178.0 bp −$1,780	doesn't fit	doesn't fit
Sell Bitget live order book, 41 min ago	4.93 bp	25.2 bp −$25	237.9 bp −$2,379	doesn't fit	doesn't fit

GRVT on 13 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	−0.0178%	4h	0.1906	+0.046%	$337K	$56K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0080%	4h	0.1905	−0.007%	$2.0M	$1.9M	20x	as long as short
MEXC GRVT_USDT	+0.0098%	4h	0.1906	+0.035%	$3.6M	$134K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1906	+0.046%	$2.8M	$773K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1906	+0.067%	$231K	$755K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1908	+0.169%	$267K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1907	+0.120%	$11K	$281K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1905	−0.007%	$294K	$203K	10x	as long as short
Bitget GRVTUSDTshort	+0.0214%	4h	0.1907	+0.104%	$673K	$626K	20x
Binance GRVTUSDTlong	+0.0274%	4h	0.1905	long leg	$5.2M	$2.8M	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0288%	1h	0.1906	+0.031%	$101K	$426K	5x	as long as short
BingX GRVT-USDT	+0.0336%	4h	0.1905	−0.007%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0342%	4h	0.1908	+0.129%	$23K	$31K	5x	as long as short