Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.034%
Price spread now: MEXC against Bitget−0.069%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.069%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.036% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.148%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRVTUSDT | 0.1893 | 0.0420 | pay 0.0210% / 4h | 2h 12m | $667K | $850K | 20x |
| Short | MEXC GRVT_USDT | 0.1892 | 0.0400 | get 0.0200% / 4h | 2h 12m | $3.6M | $130K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.2
- Price spread: −0.069% → −0.033%
- −$3.57
- Slippage, 4 orders
- −$55.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$83.74
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 33 min ago; MEXC: live order book, 5 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 Bitget live order book, 33 min ago | 4.50 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.53 bp | 10.6 bp −$11 | 70.7 bp −$707 | 225.0 bp −$22.5K | 770.1 bp −$385.1K |
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 | 0.1889 | −0.201% | $330K | $99K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1894 | +0.039% | $264K | $16K | — | as long as short |
| KuCoin GRVTUSDTM | +0.0220% | 4h | 0.1891 | −0.111% | $201K | $766K | 20x | as long as short |
| Bybit GRVTUSDT | +0.0251% | 4h | 0.1893 | +0.037% | $2.8M | $767K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0322% | 4h | 0.1893 | 0.000% | $286K | $149K | 10x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0399% | 4h | 0.1892 | −0.048% | $2.0M | $2.0M | 20x | as long as short |
| MEXC GRVT_USDTshort | +0.0400% | 4h | 0.1892 | −0.069% | $3.6M | $130K | 20x | |
| BloFin GRVT-USDT | +0.0408% | 4h | 0.1892 | −0.032% | $237K | $48K | 20x | as long as short |
| edgeX GRVTUSDC | +0.0410% | 4h | 0.1892 | −0.026% | $10K | $282K | 10x | as long as short |
| Bitget GRVTUSDTlong | +0.0420% | 4h | 0.1893 | long leg | $667K | $850K | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.0448% | 4h | 0.1893 | +0.011% | — | $1.6M | — | as long as short |
| Extended GRVT-USD | +0.0472% | 1h | 0.1891 | −0.073% | $101K | $324K | 5x | as long as short |
| Binance GRVTUSDT | +0.0475% | 4h | 0.1892 | −0.037% | $5.1M | $2.9M | 25x | as long as short |
| Aster GRVTUSDT | +0.0669% | 4h | 0.1892 | −0.053% | $23K | $29K | 5x | as long as short |
Bitget GRVTUSDT
MEXC GRVT_USDT
Gate GRVT_USDT
Variational Omni GRVT
KuCoin GRVTUSDTM
Bybit GRVTUSDT
GRVT GRVT_USDT_Perp
OKX GRVT-USDT-SWAP
BloFin GRVT-USDT
edgeX GRVTUSDC
BingX GRVT-USDT
Extended GRVT-USD
Binance GRVTUSDT
Aster GRVTUSDT