GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against BloFin+0.053%73s7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as 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−$880.881% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.053%, 7d avg −0.014%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 73 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	0.1885	0.0181	pay 0.0090% / 4h	1h 45m	$239K	$46K	20x
Short	OKX GRVT-USDT-SWAP	0.1885	0.0227	get 0.0113% / 4h	1h 45m	$2.0M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.053%Rate

Funding earned: $9.67
Price spread: +0.053% → −0.014%: $6.68
Slippage, 4 orders: −$66.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$71.74
Costs to cover: 0.881%
Break-even: 58.9 days

Slippage from BloFin: live order book, 30 min ago; OKX: live order book, 1 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, 30 min ago	0.53 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.26 bp	21.2 bp −$21	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
Gate GRVT_USDT	+0.0100%	4h	0.1883	−0.080%	$328K	$100K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1885	+0.011%	$196K	$766K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1888	+0.161%	$264K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0147%	4h	0.1887	+0.154%	$2.8M	$750K	20x	as long as short
BloFin GRVT-USDTlong	+0.0181%	4h	0.1885	long leg	$239K	$46K	20x
MEXC GRVT_USDT	+0.0226%	4h	0.1886	+0.069%	$3.5M	$130K	20x	as long as short
OKX GRVT-USDT-SWAPshort	+0.0227%	4h	0.1885	+0.053%	$2.0M	$2.0M	20x
edgeX GRVTUSDC	+0.0246%	4h	0.1885	+0.019%	$10K	$281K	10x	as long as short
Bitget GRVTUSDT	+0.0368%	4h	0.1885	+0.042%	$665K	$841K	20x	as long as short
Binance GRVTUSDT	+0.0389%	4h	0.1886	+0.080%	$5.1M	$2.8M	25x	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	+0.0390%	4h	0.1887	+0.133%	—	$1.6M	—	as long as short
Extended GRVT-USD	+0.0392%	1h	0.1886	+0.057%	$102K	$324K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.0452%	4h	0.1890	+0.269%	$286K	$146K	10x	as long as short
Aster GRVTUSDT	+0.0534%	4h	0.1886	+0.064%	$23K	$29K	5x	as long as short