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: KuCoin against MEXC−0.026%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$490as in the Funding arb table

Net, price: spread back to 7d avg − costs−$493as in the Price arb table

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

Long on MEXC Short on KuCoin

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+0.026%+$3 · spread now −0.026%, 7d avg −0.033%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

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	MEXC GRVT_USDT	0.1888	0.0524	pay 0.0262% / 4h	2h 46m	$3.6M	$127K	20x
Short	KuCoin GRVTUSDTM	0.1887	0.0264	get 0.0132% / 4h	2h 46m	$195K	$732K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$54.6
Price spread: −0.026% → −0.033%: $0.63
Slippage, 4 orders: −$473.65
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$547.61
Costs to cover: 4.936%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; KuCoin: live order book, 13 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, 6 min ago	2.38 bp	15.8 bp −$16	76.4 bp −$764	214.5 bp −$21.4K	610.4 bp −$305.2K
Sell KuCoin live order book, 13 min ago	5.83 bp	243.5 bp −$243	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	0.1886	−0.085%	$330K	$89K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1887	−0.012%	$265K	$15K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0214%	4h	0.1890	+0.140%	$277K	$162K	10x	as long as short
KuCoin GRVTUSDTMshort	+0.0264%	4h	0.1887	−0.026%	$195K	$732K	20x
Bybit GRVTUSDT	+0.0287%	4h	0.1889	+0.074%	$2.8M	$761K	20x	as long as short
Bitget GRVTUSDT	+0.0440%	4h	0.1889	+0.095%	$655K	$808K	20x	as long as short
BingX GRVT-USDT	+0.0506%	4h	0.1888	+0.021%	—	$1.6M	—	as long as short
OKX GRVT-USDT-SWAP	+0.0520%	4h	0.1888	+0.032%	$2.0M	$2.0M	20x	as long as short
MEXC GRVT_USDTlong	+0.0524%	4h	0.1888	long leg	$3.6M	$127K	20x
BloFin GRVT-USDT	+0.0527%	4h	0.1889	+0.058%	$194K	$55K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRVT-USD	+0.0528%	1h	0.1887	−0.006%	$101K	$326K	5x	as long as short
Binance GRVTUSDT	+0.0529%	4h	0.1888	+0.021%	$5.1M	$2.9M	25x	as long as short
edgeX GRVTUSDC	+0.0534%	4h	0.1888	+0.008%	$10K	$281K	10x	as long as short
Aster GRVTUSDT	+0.0742%	4h	0.1888	+0.021%	$23K	$29K	5x	as long as short