Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.064%

Price spread now: Extended against edgeX−0.021%93s7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3273.272% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.588%+$59 on $10k

Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.021%, 7d avg −0.040%

Together, before fees+0.750%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$75 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GRVTUSDC	0.1889	0.0338	pay 0.0169% / 4h	1h 57m	$10K	$282K	10x
Short	Extended GRVT-USD	0.1889	0.0448	get 0.0056% / 1h	57m 46s	$101K	$324K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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 edgeXbpFee ExtendedbpOrdersPrice spread, now −0.021%Rate

Funding earned: $23.07
Price spread: −0.021% → −0.040%: $1.87
Slippage, 4 orders: −$313.19
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$302.25
Costs to cover: 3.272%
Break-even: 98.7 days

Slippage from edgeX: live order book, 50 min ago; Extended: live order book, 50 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 edgeX live order book, 50 min ago	10.59 bp	125.0 bp −$125	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 50 min ago	4.77 bp	34.3 bp −$34	270.1 bp −$2,701	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	0.1887	−0.128%	$329K	$99K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1891	+0.079%	$264K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0109%	4h	0.1890	+0.047%	$2.8M	$751K	20x	as long as short
KuCoin GRVTUSDTM	+0.0150%	4h	0.1887	−0.112%	$198K	$763K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0268%	4h	0.1891	+0.085%	$286K	$146K	10x	as long as short
OKX GRVT-USDT-SWAP	+0.0301%	4h	0.1890	+0.005%	$2.0M	$2.0M	20x	as long as short
MEXC GRVT_USDT	+0.0308%	4h	0.1889	−0.011%	$3.6M	$129K	20x	as long as short
BloFin GRVT-USDT	+0.0315%	4h	0.1890	+0.036%	$238K	$46K	20x	as long as short
edgeX GRVTUSDClong	+0.0338%	4h	0.1889	long leg	$10K	$282K	10x
Bitget GRVTUSDT	+0.0400%	4h	0.1890	+0.042%	$667K	$844K	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	+0.0439%	4h	0.1889	−0.022%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.0445%	4h	0.1890	+0.008%	$5.1M	$2.8M	25x	as long as short
Extended GRVT-USDshort	+0.0448%	1h	0.1889	−0.021%	$101K	$324K	5x
Aster GRVTUSDT	+0.0607%	4h	0.1889	−0.019%	$23K	$29K	5x	as long as short