GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0260%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against KuCoin−0.016%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$499as in the Price arb table

costs, in and out, $10k−$4944.936% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.016%, 7d avg +0.033%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.033%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.30 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	0.1889	0.0268	pay 0.0134% / 4h	2h 47m	$192K	$732K	20x
Short	MEXC GRVT_USDT	0.1889	0.0528	get 0.0264% / 4h	2h 47m	$3.6M	$127K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.016%Rate

Funding earned: $54.6
Price spread: −0.016% → +0.033%: −$4.87
Slippage, 4 orders: −$473.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$443.92
Costs to cover: 4.936%
Break-even: 63.9 days

Slippage from KuCoin: live order book, 12 min ago; MEXC: live order book, 5 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, 12 min ago	5.83 bp	222.0 bp −$222	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.38 bp	12.4 bp −$12	67.4 bp −$674	207.3 bp −$20.7K	687.5 bp −$343.8K

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	0.1887	−0.106%	$330K	$89K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1887	−0.086%	$265K	$15K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0214%	4h	0.1890	+0.065%	$277K	$162K	10x	as long as short
KuCoin GRVTUSDTMlong	+0.0268%	4h	0.1889	long leg	$192K	$732K	20x
Bybit GRVTUSDT	+0.0323%	4h	0.1889	+0.011%	$2.8M	$761K	20x	as long as short
Bitget GRVTUSDT	+0.0444%	4h	0.1890	+0.058%	$656K	$808K	20x	as long as short
BingX GRVT-USDT	+0.0506%	4h	0.1888	−0.053%	—	$1.6M	—	as long as short
OKX GRVT-USDT-SWAP	+0.0524%	4h	0.1888	−0.048%	$2.0M	$2.0M	20x	as long as short
BloFin GRVT-USDT	+0.0527%	4h	0.1889	−0.016%	$194K	$55K	20x	as long as short
Extended GRVT-USD	+0.0528%	1h	0.1888	−0.027%	$101K	$326K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GRVT_USDTshort	+0.0528%	4h	0.1889	−0.016%	$3.6M	$127K	20x
Binance GRVTUSDT	+0.0531%	4h	0.1888	−0.035%	$5.1M	$2.9M	25x	as long as short
edgeX GRVTUSDC	+0.0534%	4h	0.1888	−0.067%	$10K	$281K	10x	as long as short
Aster GRVTUSDT	+0.0746%	4h	0.1888	−0.053%	$23K	$29K	5x	as long as short