Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h −0.100%

Price spread now: Bitget against Extended−0.161%7-day average +0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1451.449% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.735%−$74 on $10k

Price spread, last 4 days (all we have)+0.347%+$35 · spread now −0.161%, 7d avg +0.062%

Together, before fees−0.388%+ Points / potential airdropExtended: Active · farm board−$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.223% cheaper against Extended than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of +0.062%). If the spread goes back, that is −$22 on $10k: about 4.8 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.735%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1878	0.0152	pay 0.0019% / 1h	57m 23s	$102K	$465K	5x
Short	Bitget GRVTUSDT	0.1875	0.0308	get 0.0154% / 4h	3h 57m	$661K	$826K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now −0.161%Rate

Funding earned: $32.76
Price spread: −0.161% → +0.062%: −$22.27
Slippage, 4 orders: −$127.94
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$134.46
Costs to cover: 1.449%
Break-even: 35.7 days

Slippage from Extended: live order book, 40 min ago; Bitget: live order book, 38 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 Extended live order book, 40 min ago	6.41 bp	51.1 bp −$51	327.8 bp −$3,278	doesn't fit	doesn't fit
Sell Bitget live order book, 38 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	+0.041%	$195K	$37K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1878	+0.026%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1874	−0.188%	$325K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1877	−0.049%	$3.5M	$128K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1876	−0.092%	$192K	$766K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1872	−0.316%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1877	−0.048%	$10K	$279K	10x	as long as short
Binance GRVTUSDT	+0.0152%	4h	0.1878	+0.026%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USDlong	+0.0152%	1h	0.1878	long leg	$102K	$465K	5x
Aster GRVTUSDT	+0.0283%	4h	0.1875	−0.134%	$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	+0.0308%	4h	0.1875	−0.161%	$661K	$826K	20x
BingX GRVT-USDT	+0.0330%	4h	0.1877	−0.028%	—	$1.6M	—	as long as short
Bybit GRVTUSDT	+0.1036%	4h	0.1878	+0.026%	$2.8M	$738K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1934%	4h	0.1878	+0.039%	$288K	$176K	10x	as long as short