Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against KuCoin−0.163%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3,733as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,761as in the Price arb table

costs, in and out, $10k−$3,74537.452% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.163%, 7d avg −0.009%

Together, before fees+0.332%+$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.155% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRVTUSDTM	0.1899	0.0100	pay 0.0050% / 4h	17m 34s	$311K	$615K	20x
Short	Gate GRVT_USDT	0.1896	0.0100	get 0.0050% / 4h	17m 34s	$339K	$53K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.163%Rate

Funding earned: $0
Price spread: −0.163% → −0.009%: −$15.47
Slippage, 4 orders: −$3,718.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$3,760.66
Costs to cover: 37.452%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Gate: 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, 9 min ago	4.22 bp	150.6 bp −$151	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 11 min ago	5.28 bp	256.4 bp −$256	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
Bybit GRVTUSDT	+0.0100%	4h	0.1900	+0.026%	$2.7M	$834K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1899	+0.011%	$2.0M	$1.9M	20x	as long as short
Gate GRVT_USDTshort	+0.0100%	4h	0.1896	−0.163%	$339K	$53K	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1899	−0.011%	$3.6M	$134K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0100%	4h	0.1899	long leg	$311K	$615K	20x
Bitget GRVTUSDT	+0.0100%	4h	0.1900	+0.068%	$594K	$420K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1901	+0.116%	$266K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1900	+0.073%	$12K	$282K	10x	as long as short
BloFin GRVT-USDT	+0.0141%	4h	0.1901	+0.116%	$244K	$72K	20x	as long as short
Aster GRVTUSDT	+0.0184%	4h	0.1899	−0.018%	$23K	$29K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.0228%	4h	0.1902	+0.136%	$296K	$213K	10x	as long as short
BingX GRVT-USDT	+0.0343%	4h	0.1901	+0.100%	—	$1.6M	—	as long as short
Extended GRVT-USD	+0.0360%	1h	0.1901	+0.096%	$101K	$387K	5x	as long as short
Binance GRVTUSDT	+0.0369%	4h	0.1901	+0.099%	$5.2M	$2.8M	25x	as long as short