GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1240%/8h= −135.8% APRnext payment −$6.20 per $10,000 · paid last 24h −0.020%

Price spread now: MEXC against Binance−0.005%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$780.778% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.569%−$57 on $10k

Price spread, last 7 days−0.162%−$16 · spread now −0.005%, 7d avg −0.078%

Together, before fees−0.731%−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.072% dearer against Binance than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.078%): +$7 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.569% in total) that is about 21 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.569% in total (about -29.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.20 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	Binance GRVTUSDT	0.1929	0.1340	pay 0.0670% / 4h	1h 13m	$5.3M	$2.7M	25x
Short	MEXC GRVT_USDT	0.1929	0.0100	get 0.0050% / 4h	1h 13m	$3.6M	$131K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$260.48
Price spread: −0.005% → −0.078%: $7.25
Slippage, 4 orders: −$59.84
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$331.07
Costs to cover: 0.778%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; MEXC: 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, 9 min ago	2.59 bp	25.9 bp −$26	70.6 bp −$706	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.33 bp	12.5 bp −$13	71.1 bp −$711	220.2 bp −$22.0K	829.1 bp −$414.5K

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	0.1931	+0.124%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	+0.041%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDTshort	+0.0100%	4h	0.1929	−0.005%	$3.6M	$131K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1930	+0.078%	$624K	$433K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1930	+0.073%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1928	−0.071%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0151%	4h	0.1929	−0.016%	$240K	$70K	20x	as long as short
Gate GRVT_USDT	+0.0636%	4h	0.1926	−0.156%	$344K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0958%	4h	0.1925	−0.181%	$248K	$629K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1220%	4h	0.1929	0.000%	$304K	$191K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1282%	4h	0.1929	0.000%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1327%	4h	0.1926	−0.156%	$24K	$30K	5x	as long as short
Binance GRVTUSDTlong	+0.1340%	4h	0.1929	long leg	$5.3M	$2.7M	25x
Extended GRVT-USD	+0.1344%	1h	0.1929	−0.021%	$103K	$387K	5x	as long as short