GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0948%/8h= −103.8% APRnext payment −$4.74 per $10,000 · paid last 24h −0.005%

Price spread now: Variational Omni against Bybit−0.142%7-day average +0.004% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.142%, 7d avg +0.004%

Together, before fees+0.126%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Variational Omni is 0.146% cheaper against Bybit than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 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	0.1887	0.1048	pay 0.0524% / 4h	3h 53m	$2.8M	$766K	20x
Short	Variational Omni GRVT	0.1884	0.0100	get 0.0050% / 4h	3h 53m	$264K	$16K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.142%Rate

Funding earned: −$199.01
Price spread: −0.142% → +0.004%: −$14.63
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$224.64
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 65 min ago. Net counts fees only.

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	10.61 bp	265.1 bp −$265	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 65 min ago	13.35 bp	doesn't fit	1935.9 bp −$19.4K	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	0.1881	−0.313%	$330K	$73K	20x	as long as short
Variational Omni GRVTshort	+0.0100%	4h	0.1884	−0.142%	$264K	$16K	—
KuCoin GRVTUSDTM	+0.0172%	4h	0.1883	−0.228%	$232K	$664K	20x	as long as short
BloFin GRVT-USDT	+0.0295%	4h	0.1885	−0.074%	$236K	$56K	20x	as long as short
edgeX GRVTUSDC	+0.0337%	4h	0.1884	−0.135%	$10K	$280K	10x	as long as short
MEXC GRVT_USDT	+0.0352%	4h	0.1884	−0.164%	$3.5M	$133K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0356%	4h	0.1884	−0.148%	$2.0M	$1.9M	20x	as long as short
Bitget GRVTUSDT	+0.0372%	4h	0.1884	−0.154%	$643K	$733K	20x	as long as short
Binance GRVTUSDT	+0.0396%	4h	0.1884	−0.156%	$5.1M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.0400%	1h	0.1883	−0.182%	$101K	$422K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRVTUSDT	+0.0566%	4h	0.1883	−0.207%	$22K	$28K	5x	as long as short
BingX GRVT-USDT	+0.0772%	4h	0.1883	−0.207%	—	$1.6M	—	as long as short
GRVT GRVT_USDT_Perp	+0.0866%	4h	0.1885	−0.110%	$284K	$152K	10x	as long as short
Bybit GRVTUSDTlong	+0.1048%	4h	0.1887	long leg	$2.8M	$766K	20x