GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1364%/8h= +149.3% APRnext payment +$6.82 per $10,000 · paid last 24h +0.070%

Price spread now: Binance against Bybit−0.099%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$452as in the Funding arb table

Net, price: spread back to 7d avg − costs−$536as in the Price arb table

costs, in and out, $10k−$5235.234% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.718%+$72 on $10k

Price spread, last 7 days+0.135%+$14 · spread now −0.099%, 7d avg +0.026%

Together, before fees+0.854%+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.125% cheaper against Bybit than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.026%). If the spread goes back, that is −$13 on $10k: about 7 hours of funding at the current rate (+$41 a day). At the pace of the last 7 days (+0.718% in total) that is about 29 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.718% in total (about 37.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.82 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	Bybit GRVTUSDT	0.1932	0.0100	pay 0.0050% / 4h	46m 54s	$2.8M	$842K	20x
Short	Binance GRVTUSDT	0.1930	0.1464	get 0.0732% / 4h	46m 54s	$5.3M	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.099%Rate

Funding earned: $286.39
Price spread: −0.099% → +0.026%: −$12.51
Slippage, 4 orders: −$502.42
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$249.54
Costs to cover: 5.234%
Break-even: 13.1 days

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 6 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 Bybit live order book, 5 min ago	5.43 bp	232.4 bp −$232	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.59 bp	25.6 bp −$26	193.6 bp −$1,936	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 GRVTUSDTlong	+0.0100%	4h	0.1932	long leg	$2.8M	$842K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1932	+0.005%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1932	−0.016%	$3.7M	$129K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1933	+0.057%	$635K	$447K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1934	+0.096%	$271K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1936	+0.173%	$12K	$281K	10x	as long as short
BloFin GRVT-USDT	+0.0105%	4h	0.1933	+0.057%	$240K	$65K	20x	as long as short
Gate GRVT_USDT	+0.0820%	4h	0.1931	−0.067%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.1066%	4h	0.1930	−0.109%	$249K	$641K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1298%	4h	0.1935	+0.139%	$304K	$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-USDT	+0.1382%	4h	0.1931	−0.067%	—	$1.6M	—	as long as short
Binance GRVTUSDTshort	+0.1464%	4h	0.1930	−0.099%	$5.3M	$2.7M	25x
Extended GRVT-USD	+0.1464%	1h	0.1930	−0.138%	$103K	$387K	5x	as long as short
Aster GRVTUSDT	+0.1474%	4h	0.1932	−0.016%	$24K	$30K	5x	as long as short