GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0796%/8h= −87.2% APRnext payment −$3.98 per $10,000 · paid last 24h +0.048%

Price spread now: edgeX against KuCoin−0.193%7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$702as in the Funding arb table

Net, price: spread back to 7d avg − costs−$727as in the Price arb table

costs, in and out, $10k−$7017.013% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.193%, 7d avg +0.068%

Together, before fees+0.156%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and edgeX is 0.261% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.068%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.98 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	0.1931	0.0896	pay 0.0448% / 4h	1h 45m	$264K	$616K	20x
Short	edgeX GRVTUSDC	0.1927	0.0100	get 0.0050% / 4h	1h 45m	$12K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.193%Rate

Funding earned: −$167.16
Price spread: −0.193% → +0.068%: −$26.09
Slippage, 4 orders: −$680.34
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$894.59
Costs to cover: 7.013%
Break-even: never at this rate

Slippage from KuCoin: live order book, 28 min ago; edgeX: 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 KuCoin live order book, 28 min ago	7.82 bp	220.0 bp −$220	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 38 min ago	5.21 bp	125.8 bp −$126	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-USDT	+0.0096%	4h	0.1933	+0.119%	$241K	$73K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1934	+0.171%	$2.8M	$832K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1932	+0.067%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1932	+0.088%	$3.7M	$129K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1933	+0.109%	$621K	$420K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1931	+0.003%	$270K	$18K	—	as long as short
edgeX GRVTUSDCshort	+0.0100%	4h	0.1927	−0.193%	$12K	$282K	10x
Gate GRVT_USDT	+0.0208%	4h	0.1925	−0.290%	$343K	$54K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0896%	4h	0.1931	long leg	$264K	$616K	20x
GRVT GRVT_USDT_Perp	+0.1126%	4h	0.1927	−0.170%	$303K	$191K	10x	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	+0.1142%	4h	0.1931	+0.021%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1214%	4h	0.1926	−0.238%	$24K	$30K	5x	as long as short
Extended GRVT-USD	+0.1232%	1h	0.1932	+0.054%	$103K	$387K	5x	as long as short
Binance GRVTUSDT	+0.1234%	4h	0.1931	+0.021%	$5.3M	$2.8M	25x	as long as short