GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.6% APRnext payment −$1.40 per $10,000 · paid last 24h −0.025%

Price spread now: Gate against OKX−0.212%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$230as in the Price arb table

costs, in and out, $10k−$2162.156% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.513%+$51 · spread now −0.212%, 7d avg −0.068%

Together, before fees+0.659%+$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.144% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 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	OKX GRVT-USDT-SWAP	0.1886	0.0380	pay 0.0190% / 4h	3h 50m	$2.0M	$1.9M	20x
Short	Gate GRVT_USDT	0.1882	0.0100	get 0.0050% / 4h	3h 50m	$331K	$73K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.212%Rate

Funding earned: −$58.78
Price spread: −0.212% → −0.068%: −$14.43
Slippage, 4 orders: −$190.57
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$288.78
Costs to cover: 2.156%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Gate: live order book, 64 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 OKX live order book, 1 min ago	3.71 bp	22.8 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 64 min ago	8.02 bp	63.7 bp −$64	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_USDTshort	+0.0100%	4h	0.1882	−0.212%	$331K	$73K	20x
Variational Omni GRVT	+0.0100%	4h	0.1887	+0.075%	$264K	$16K	—	as long as short
KuCoin GRVTUSDTM	+0.0190%	4h	0.1886	+0.005%	$231K	$663K	20x	as long as short
BloFin GRVT-USDT	+0.0339%	4h	0.1886	0.000%	$236K	$56K	20x	as long as short
edgeX GRVTUSDC	+0.0353%	4h	0.1885	−0.057%	$10K	$281K	10x	as long as short
MEXC GRVT_USDT	+0.0370%	4h	0.1886	+0.011%	$3.6M	$134K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0380%	4h	0.1886	long leg	$2.0M	$1.9M	20x
Bitget GRVTUSDT	+0.0380%	4h	0.1887	+0.064%	$650K	$746K	20x	as long as short
Binance GRVTUSDT	+0.0416%	4h	0.1886	0.000%	$5.1M	$2.8M	25x	as long as short
Extended GRVT-USD	+0.0416%	1h	0.1885	−0.027%	$101K	$422K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRVTUSDT	+0.0591%	4h	0.1883	−0.159%	$22K	$28K	5x	as long as short
GRVT GRVT_USDT_Perp	+0.0660%	4h	0.1885	−0.053%	$284K	$152K	10x	as long as short
BingX GRVT-USDT	+0.0996%	4h	0.1887	+0.053%	—	$1.6M	—	as long as short
Bybit GRVTUSDT	+0.1128%	4h	0.1888	+0.111%	$2.8M	$760K	20x	as long as short