GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.006%

Price spread now: edgeX against BloFin−0.318%461s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$304as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3033.032% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.318%, 7d avg −0.019%

Together, before fees+0.062%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and edgeX is 0.299% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.019%). Swap the legs. The two prices were read 461 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRVT-USDT	0.1908	0.0116	pay 0.0058% / 4h	2h 40m	$240K	$65K	20x
Short	edgeX GRVTUSDC	0.1901	0.0100	get 0.0050% / 4h	2h 40m	$10K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now −0.318%Rate

Funding earned: −$3.31
Price spread: −0.318% → −0.019%: −$29.86
Slippage, 4 orders: −$282.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$336.4
Costs to cover: 3.032%
Break-even: never at this rate

Slippage from BloFin: live order book, 20 min ago; edgeX: live order book, 27 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 BloFin live order book, 20 min ago	2.35 bp	28.4 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 27 min ago	10.35 bp	129.2 bp −$129	doesn't fit	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	0.1896	−0.582%	$2.8M	$790K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1896	−0.587%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1900	−0.393%	$336K	$56K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1897	−0.577%	$3.6M	$133K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1899	−0.464%	$266K	$17K	—	as long as short
edgeX GRVTUSDCshort	+0.0100%	4h	0.1901	−0.318%	$10K	$282K	10x
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1901	−0.361%	$293K	$203K	10x	as long as short
BloFin GRVT-USDTlong	+0.0116%	4h	0.1908	long leg	$240K	$65K	20x
Bitget GRVTUSDT	+0.0206%	4h	0.1898	−0.493%	$664K	$618K	20x	as long as short
KuCoin GRVTUSDTM	+0.0280%	4h	0.1897	−0.550%	$237K	$737K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0512%	1h	0.1896	−0.609%	$101K	$428K	5x	as long as short
Binance GRVTUSDT	+0.0515%	4h	0.1896	−0.590%	$5.2M	$2.8M	25x	as long as short
BingX GRVT-USDT	+0.0532%	4h	0.1895	−0.655%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0605%	4h	0.1901	−0.323%	$23K	$33K	5x	as long as short