GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0540%/8h= −59.1% APRnext payment −$2.70 per $10,000 · paid last 24h +0.008%

Price spread now: Bitget against Bybit−0.165%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$348as in the Funding arb table

Net, price: spread back to 7d avg − costs−$366as in the Price arb table

costs, in and out, $10k−$3493.492% of the position

Long on Bybit Short on Bitget

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)+0.273%+$27 · spread now −0.165%, 7d avg +0.002%

Together, before fees+0.280%+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 0.167% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.70 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	0.1879	0.0850	pay 0.0425% / 4h	3h 56m	$2.8M	$738K	20x
Short	Bitget GRVTUSDT	0.1876	0.0310	get 0.0155% / 4h	3h 56m	$662K	$826K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$113.32
Price spread: −0.165% → +0.002%: −$16.67
Slippage, 4 orders: −$326.16
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$479.15
Costs to cover: 3.492%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 39 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, 1 min ago	3.19 bp	258.8 bp −$259	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 39 min ago	6.94 bp	26.8 bp −$27	242.1 bp −$2,421	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
BloFin GRVT-USDT	+0.0069%	4h	0.1878	−0.032%	$195K	$37K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1879	+0.021%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1875	−0.208%	$325K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1878	−0.037%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1877	−0.090%	$192K	$766K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1872	−0.389%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1877	−0.121%	$10K	$279K	10x	as long as short
Extended GRVT-USD	+0.0152%	1h	0.1878	−0.074%	$102K	$465K	5x	as long as short
Binance GRVTUSDT	+0.0172%	4h	0.1878	−0.048%	$5.1M	$2.6M	25x	as long as short
Aster GRVTUSDT	+0.0304%	4h	0.1875	−0.208%	$23K	$23K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDTshort	+0.0310%	4h	0.1876	−0.165%	$662K	$826K	20x
BingX GRVT-USDT	+0.0358%	4h	0.1877	−0.101%	—	$1.7M	—	as long as short
Bybit GRVTUSDTlong	+0.0850%	4h	0.1879	long leg	$2.8M	$738K	20x
GRVT GRVT_USDT_Perp	+0.1934%	4h	0.1878	−0.035%	$288K	$176K	10x	as long as short