GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0239%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.042%

Price spread now: MEXC against Bybit−0.021%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$474as in the Funding arb table

Net, price: spread back to 7d avg − costs−$487as in the Price arb table

costs, in and out, $10k−$4904.897% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.155%+$16 on $10k

Price spread, last 7 days−0.108%−$11 · spread now −0.021%, 7d avg −0.047%

Together, before fees+0.047%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 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	0.1882	0.0217	pay 0.0109% / 4h	3h 23m	$2.8M	$766K	20x
Short	MEXC GRVT_USDT	0.1882	0.0456	get 0.0228% / 4h	3h 23m	$3.5M	$136K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.021%Rate

Funding earned: $50.12
Price spread: −0.021% → −0.047%: $2.62
Slippage, 4 orders: −$470.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$436.92
Costs to cover: 4.897%
Break-even: 68.0 days

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	10.87 bp	311.6 bp −$312	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.53 bp	10.4 bp −$10	68.6 bp −$686	217.7 bp −$21.8K	753.0 bp −$376.5K

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	0.1877	−0.260%	$329K	$86K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1885	+0.159%	$264K	$16K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0116%	4h	0.1883	+0.057%	$283K	$152K	10x	as long as short
KuCoin GRVTUSDTM	+0.0194%	4h	0.1880	−0.112%	$192K	$707K	20x	as long as short
Bybit GRVTUSDTlong	+0.0217%	4h	0.1882	long leg	$2.8M	$766K	20x
Bitget GRVTUSDT	+0.0406%	4h	0.1882	+0.005%	$657K	$800K	20x	as long as short
BloFin GRVT-USDT	+0.0421%	4h	0.1882	+0.011%	$236K	$57K	20x	as long as short
Binance GRVTUSDT	+0.0454%	4h	0.1882	−0.021%	$5.1M	$2.9M	25x	as long as short
OKX GRVT-USDT-SWAP	+0.0455%	4h	0.1882	−0.005%	$2.0M	$2.0M	20x	as long as short
Extended GRVT-USD	+0.0456%	1h	0.1881	−0.065%	$101K	$424K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GRVT_USDTshort	+0.0456%	4h	0.1882	−0.021%	$3.5M	$136K	20x
edgeX GRVTUSDC	+0.0470%	4h	0.1885	+0.170%	$10K	$280K	10x	as long as short
BingX GRVT-USDT	+0.0526%	4h	0.1881	−0.048%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.0637%	4h	0.1880	−0.086%	$22K	$29K	5x	as long as short