GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.94 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against KuCoin+0.063%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$513as in the Funding arb table

Net, price: spread back to 7d avg − costs−$511as in the Price arb table

costs, in and out, $10k−$5095.091% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.063%, 7d avg +0.084%

Together, before fees−0.182%−$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.020% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.063% now, against its 7-day average of +0.084%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.94 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	KuCoin GRVTUSDTM	0.1891	0.0188	pay 0.0094% / 4h	2h 05m	$200K	$764K	20x
Short	BloFin GRVT-USDT	0.1893	0.0375	get 0.0188% / 4h	2h 05m	$237K	$46K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.063%Rate

Funding earned: $39.27
Price spread: +0.063% → +0.084%: −$2.03
Slippage, 4 orders: −$485.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$471.89
Costs to cover: 5.091%
Break-even: 91.1 days

Slippage from KuCoin: live order book, 54 min ago; BloFin: live order book, 11 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 KuCoin live order book, 54 min ago	5.83 bp	222.0 bp −$222	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	0.53 bp	22.4 bp −$22	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
Gate GRVT_USDT	+0.0100%	4h	0.1889	−0.122%	$330K	$99K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1893	+0.107%	$264K	$16K	—	as long as short
Bybit GRVTUSDT	+0.0161%	4h	0.1893	+0.111%	$2.8M	$752K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0188%	4h	0.1891	long leg	$200K	$764K	20x
GRVT GRVT_USDT_Perp	+0.0288%	4h	0.1892	+0.037%	$286K	$146K	10x	as long as short
OKX GRVT-USDT-SWAP	+0.0351%	4h	0.1892	+0.026%	$2.0M	$2.0M	20x	as long as short
MEXC GRVT_USDT	+0.0356%	4h	0.1891	−0.016%	$3.6M	$132K	20x	as long as short
BloFin GRVT-USDTshort	+0.0375%	4h	0.1893	+0.063%	$237K	$46K	20x
edgeX GRVTUSDC	+0.0378%	4h	0.1891	+0.008%	$10K	$280K	10x	as long as short
Bitget GRVTUSDT	+0.0414%	4h	0.1891	0.000%	$668K	$843K	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	+0.0450%	4h	0.1893	+0.090%	—	$1.7M	—	as long as short
Extended GRVT-USD	+0.0464%	1h	0.1891	+0.009%	$101K	$324K	5x	as long as short
Binance GRVTUSDT	+0.0466%	4h	0.1892	+0.037%	$5.1M	$2.8M	25x	as long as short
Aster GRVTUSDT	+0.0641%	4h	0.1892	+0.022%	$23K	$29K	5x	as long as short