Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%

Price spread now: Extended against Binance+0.014%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1401.395% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.014%, 7d avg −0.043%

Together, before fees−0.113%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.056% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRVTUSDT	0.1884	0.0432	pay 0.0216% / 4h	3h 49m	$5.1M	$2.8M	25x
Short	Extended GRVT-USD	0.1884	0.0432	get 0.0054% / 1h	49m 13s	$101K	$422K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$0.06
Price spread: +0.014% → −0.043%: $5.64
Slippage, 4 orders: −$124.52
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$133.95
Costs to cover: 1.395%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago	2.65 bp	28.1 bp −$28	225.1 bp −$2,251	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	5.04 bp	40.0 bp −$40	299.0 bp −$2,990	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	0.1882	−0.101%	$331K	$73K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1887	+0.186%	$264K	$16K	—	as long as short
KuCoin GRVTUSDTM	+0.0192%	4h	0.1885	+0.042%	$231K	$664K	20x	as long as short
edgeX GRVTUSDC	+0.0353%	4h	0.1885	+0.054%	$10K	$281K	10x	as long as short
BloFin GRVT-USDT	+0.0370%	4h	0.1885	+0.063%	$236K	$56K	20x	as long as short
MEXC GRVT_USDT	+0.0388%	4h	0.1885	+0.074%	$3.6M	$134K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0390%	4h	0.1885	+0.053%	$2.0M	$1.9M	20x	as long as short
Bitget GRVTUSDT	+0.0392%	4h	0.1886	+0.116%	$649K	$746K	20x	as long as short
Extended GRVT-USDshort	+0.0432%	1h	0.1884	+0.014%	$101K	$422K	5x
Binance GRVTUSDTlong	+0.0432%	4h	0.1884	long leg	$5.1M	$2.8M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRVTUSDT	+0.0604%	4h	0.1883	−0.048%	$22K	$28K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.0660%	4h	0.1885	+0.058%	$284K	$152K	10x	as long as short
BingX GRVT-USDT	+0.0996%	4h	0.1885	+0.058%	—	$1.6M	—	as long as short
Bybit GRVTUSDT	+0.1017%	4h	0.1887	+0.138%	$2.8M	$760K	20x	as long as short