GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0868%/8h= −95.0% APRnext payment −$4.34 per $10,000 · paid last 24h −0.081%

Price spread now: Bitget against BingX+0.005%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$188as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1161.163% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.714%−$71 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.005%, 7d avg −0.029%

Together, before fees−0.690%−$69 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.034% dearer against BingX than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.714% in total) that is about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRVT-USDT	0.1918	0.0968	pay 0.0484% / 4h	2h 30m	—	$1.7M	—
Short	Bitget GRVTUSDT	0.1918	0.0100	get 0.0050% / 4h	2h 30m	$604K	$405K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$182.28
Price spread: +0.005% → −0.029%: $3.43
Slippage, 4 orders: −$94.32
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$295.17
Costs to cover: 1.163%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 55 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 BingX live order book, 7 min ago	7.84 bp	31.6 bp −$32	119.5 bp −$1,195	doesn't fit	doesn't fit
Sell Bitget live order book, 55 min ago	3.66 bp	26.8 bp −$27	224.1 bp −$2,241	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
BloFin GRVT-USDT	+0.0092%	4h	0.1919	+0.068%	$240K	$72K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1919	+0.031%	$2.8M	$804K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1918	+0.026%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1915	−0.156%	$342K	$54K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1917	−0.036%	$3.6M	$130K	20x	as long as short
Bitget GRVTUSDTshort	+0.0100%	4h	0.1918	+0.005%	$604K	$405K	20x
Variational Omni GRVT	+0.0100%	4h	0.1919	+0.027%	$269K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1920	+0.097%	$12K	$282K	10x	as long as short
KuCoin GRVTUSDTM	+0.0622%	4h	0.1915	−0.156%	$314K	$586K	20x	as long as short
Aster GRVTUSDT	+0.0899%	4h	0.1916	−0.127%	$24K	$29K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.0956%	4h	0.1918	0.000%	$302K	$215K	10x	as long as short
BingX GRVT-USDTlong	+0.0968%	4h	0.1918	long leg	—	$1.7M	—
Binance GRVTUSDT	+0.1062%	4h	0.1917	−0.052%	$5.3M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.1064%	1h	0.1917	−0.038%	$102K	$387K	5x	as long as short