Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.080%

Price spread now: BloFin against Extended−0.017%7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1241.240% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.584%−$58 on $10k

Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.017%, 7d avg +0.055%

Together, before fees−0.928%+ Points / potential airdropExtended: Active · farm board−$93 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.072% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.055%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRVT-USD	0.1872	0.0232	pay 0.0029% / 1h	35m 20s	$102K	$465K	5x
Short	BloFin GRVT-USDT	0.1871	0.0092	get 0.0046% / 4h	3h 35m	$238K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$29.34
Price spread: −0.017% → +0.055%: −$7.17
Slippage, 4 orders: −$106.97
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$160.48
Costs to cover: 1.240%
Break-even: never at this rate

Slippage from Extended: live order book, 62 min ago; BloFin: live order book, 31 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, 62 min ago	6.41 bp	51.1 bp −$51	327.8 bp −$3,278	doesn't fit	doesn't fit
Sell BloFin live order book, 31 min ago	2.67 bp	15.3 bp −$15	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-USDTshort	+0.0092%	4h	0.1871	−0.017%	$238K	$37K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1871	−0.011%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1870	−0.081%	$325K	$98K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1872	+0.005%	$3.5M	$129K	20x	as long as short
KuCoin GRVTUSDTM	+0.0100%	4h	0.1871	−0.006%	$192K	$774K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1874	+0.122%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1872	+0.034%	$10K	$280K	10x	as long as short
Binance GRVTUSDT	+0.0230%	4h	0.1872	+0.026%	$5.1M	$2.6M	25x	as long as short
Extended GRVT-USDlong	+0.0232%	1h	0.1872	long leg	$102K	$465K	5x
Bitget GRVTUSDT	+0.0262%	4h	0.1874	+0.117%	$673K	$842K	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	+0.0282%	4h	0.1874	+0.133%	—	$1.7M	—	as long as short
GRVT GRVT_USDT_Perp	+0.0352%	4h	0.1875	+0.186%	$288K	$177K	10x	as long as short
Aster GRVTUSDT	+0.0374%	4h	0.1873	+0.058%	$23K	$24K	5x	as long as short
Bybit GRVTUSDT	+0.0913%	4h	0.1874	+0.111%	$2.7M	$759K	20x	as long as short