Funding arb · Price arb /

GRVT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0836%/8h= +91.5% APRpaid last 24h +0.103%

Price spread now: Extended against Variational Omni−0.069%7-day average −0.060% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.289%+$29 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.069%, 7d avg −0.060%

Together, before fees+0.358%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRVT	0.1929	0.0100	pay 0.0050% / 4h	3h 08m	$270K	$17K	—
Short	Extended GRVT-USD	0.1928	0.0936	get 0.0117% / 1h	8m 29s	$103K	$432K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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 Variational OmnibpFee ExtendedbpOrdersPrice spread, now −0.069%Rate

Funding earned: $175.56
Price spread: −0.069% → −0.060%: −$0.84
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $169.72
Costs to cover: 0.050%
Break-even: 0.2 days

Slippage unknown: Variational Omni: RFQ quote, just now; Extended: live order book, 64 min ago. Net counts fees only.

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 Variational Omni RFQ quote, just now	10.36 bp	doesn't fit	5057.0 bp −$50.6K	doesn't fit	doesn't fit
Sell Extended live order book, 64 min ago	4.43 bp	34.8 bp −$35	273.2 bp −$2,732	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	0.1930	+0.022%	$2.8M	$793K	20x	as long as short
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1930	+0.058%	$2.0M	$1.8M	20x	as long as short
Gate GRVT_USDT	+0.0100%	4h	0.1927	−0.113%	$341K	$56K	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1928	−0.035%	$3.6M	$134K	20x	as long as short
Variational Omni GRVTlong	+0.0100%	4h	0.1929	long leg	$270K	$17K	—
edgeX GRVTUSDC	+0.0100%	4h	0.1929	−0.032%	$12K	$281K	10x	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1923	−0.320%	$297K	$202K	10x	as long as short
BloFin GRVT-USDT	+0.0109%	4h	0.1930	+0.016%	$239K	$66K	20x	as long as short
Bitget GRVTUSDT	+0.0264%	4h	0.1930	+0.037%	$693K	$556K	20x	as long as short
KuCoin GRVTUSDTM	+0.0642%	4h	0.1927	−0.098%	$239K	$710K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRVTUSDT	+0.0920%	4h	0.1928	−0.061%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USDshort	+0.0936%	1h	0.1928	−0.069%	$103K	$432K	5x
BingX GRVT-USDT	+0.0942%	4h	0.1928	−0.061%	—	$1.6M	—	as long as short
Aster GRVTUSDT	+0.1067%	4h	0.1928	−0.061%	$23K	$31K	5x	as long as short