GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1110%/8h= −121.5% APRnext payment −$5.55 per $10,000 · paid last 24h −0.081%

Price spread now: Variational Omni against BingX−0.045%7-day average −0.014% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.266%−$27 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.045%, 7d avg −0.014%

Together, before fees−0.268%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Variational Omni is 0.030% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.266% in total (about -29.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.55 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	BingX GRVT-USDT	0.1923	0.1210	pay 0.0605% / 4h	1m 12s	—	$1.6M	—
Short	Variational Omni GRVT	0.1922	0.0100	get 0.0050% / 4h	1m 12s	$269K	$17K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.045%Rate

Funding earned: −$233.1
Price spread: −0.045% → −0.014%: −$3.04
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$246.14
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 5 min ago; Variational Omni: RFQ quote, 13 min ago. Net counts fees only.

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, 5 min ago	10.42 bp	32.8 bp −$33	102.4 bp −$1,024	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 13 min ago	13.00 bp	doesn't fit	2327.7 bp −$23.3K	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
Bybit GRVTUSDT	+0.0100%	4h	0.1920	−0.166%	$2.8M	$844K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1923	−0.005%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	−0.036%	$3.6M	$133K	20x	as long as short
Variational Omni GRVTshort	+0.0100%	4h	0.1922	−0.045%	$269K	$17K	—
edgeX GRVTUSDC	+0.0100%	4h	0.1922	−0.053%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0122%	4h	0.1923	0.000%	$239K	$67K	20x	as long as short
Bitget GRVTUSDT	+0.0162%	4h	0.1922	−0.062%	$680K	$502K	20x	as long as short
Gate GRVT_USDT	+0.0650%	4h	0.1919	−0.208%	$341K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0978%	4h	0.1921	−0.083%	$253K	$669K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1034%	4h	0.1920	−0.156%	$302K	$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-USDTlong	+0.1210%	4h	0.1923	long leg	—	$1.6M	—
Extended GRVT-USD	+0.1280%	1h	0.1921	−0.092%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1281%	4h	0.1922	−0.053%	$5.3M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1398%	4h	0.1921	−0.104%	$22K	$32K	5x	as long as short