Funding arb · Price arb /

GRVT

all GRVT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.076%

Price spread now: Extended against MEXC+0.007%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

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

costs, in and out, $10k−$1351.349% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.588%+$59 on $10k

Price spread, last 4 days (all we have)−0.507%−$51 · spread now +0.007%, 7d avg −0.028%

Together, before fees+0.080%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.035% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRVT_USDT	0.1871	0.0100	pay 0.0050% / 4h	3h 29m	$3.5M	$130K	20x
Short	Extended GRVT-USD	0.1872	0.0208	get 0.0026% / 1h	29m 01s	$100K	$470K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now +0.007%Rate

Funding earned: $22.68
Price spread: +0.007% → −0.028%: $3.5
Slippage, 4 orders: −$121.94
Fee MEXC: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$108.76
Costs to cover: 1.349%
Break-even: 40.6 days

Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 4 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 MEXC live order book, 2 min ago	3.21 bp	36.2 bp −$36	75.4 bp −$754	211.5 bp −$21.1K	618.2 bp −$309.1K
Sell Extended live order book, 4 min ago	4.81 bp	33.3 bp −$33	279.4 bp −$2,794	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	+0.0093%	4h	0.1871	−0.016%	$239K	$37K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1872	+0.027%	$2.0M	$2.0M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1869	−0.128%	$325K	$99K	20x	as long as short
MEXC GRVT_USDTlong	+0.0100%	4h	0.1871	long leg	$3.5M	$130K	20x
KuCoin GRVTUSDTM	+0.0100%	4h	0.1871	−0.043%	$191K	$779K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1874	+0.128%	$262K	$16K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1871	−0.035%	$10K	$282K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1872	+0.054%	$287K	$177K	10x	as long as short
Extended GRVT-USDshort	+0.0208%	1h	0.1872	+0.007%	$100K	$470K	5x
Binance GRVTUSDT	+0.0211%	4h	0.1872	+0.032%	$5.1M	$2.6M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDT	+0.0234%	4h	0.1873	+0.091%	$671K	$844K	20x	as long as short
Aster GRVTUSDT	+0.0349%	4h	0.1871	−0.001%	$23K	$24K	5x	as long as short
BingX GRVT-USDT	+0.1008%	4h	0.1875	+0.192%	—	$1.7M	—	as long as short
Bybit GRVTUSDT	+0.1480%	4h	0.1874	+0.150%	$2.7M	$762K	20x	as long as short