Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.047%

Price spread now: KuCoin against Bybit−0.191%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$854as in the Funding arb table

Net, price: spread back to 7d avg − costs−$885as in the Price arb table

costs, in and out, $10k−$8748.739% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 7 days+0.078%+$8 · spread now −0.191%, 7d avg −0.079%

Together, before fees+0.277%+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.113% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRVTUSDT	0.1880	0.0100	pay 0.0050% / 4h	1h 29m	$2.8M	$793K	20x
Short	KuCoin GRVTUSDTM	0.1877	0.0100	get 0.0050% / 4h	1h 29m	$228K	$631K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.191%Rate

Funding earned: $0
Price spread: −0.191% → −0.079%: −$11.26
Slippage, 4 orders: −$850.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$885.12
Costs to cover: 8.739%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 69 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, 3 min ago	2.93 bp	227.4 bp −$227	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 69 min ago	6.59 bp	268.3 bp −$268	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
BloFin GRVT-USDT	+0.0051%	4h	0.1877	−0.202%	$237K	$64K	20x	as long as short
edgeX GRVTUSDC	+0.0059%	4h	0.1877	−0.211%	$10K	$282K	10x	as long as short
Gate GRVT_USDT	+0.0074%	4h	0.1875	−0.292%	$330K	$63K	20x	as long as short
Aster GRVTUSDT	+0.0100%	4h	0.1875	−0.292%	$23K	$28K	5x	as long as short
Binance GRVTUSDT	+0.0100%	4h	0.1879	−0.061%	$5.1M	$2.9M	25x	as long as short
Bybit GRVTUSDTlong	+0.0100%	4h	0.1880	long leg	$2.8M	$793K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1880	−0.053%	$2.0M	$1.9M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1878	−0.138%	$3.5M	$135K	20x	as long as short
KuCoin GRVTUSDTMshort	+0.0100%	4h	0.1877	−0.191%	$228K	$631K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1877	−0.197%	$664K	$655K	20x	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	+0.0100%	4h	0.1880	−0.027%	—	$1.6M	—	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1879	−0.066%	$263K	$16K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1876	−0.264%	$289K	$193K	10x	as long as short
Extended GRVT-USD	+0.0104%	1h	0.1878	−0.128%	$102K	$421K	5x	as long as short