Grvt(@grvt_io):Perps never expire. So what stops the price drifting away from spot and just staying there? Funding. Above spot, longs pay shorts. Below spot, shorts pay longs. A small recurring payment pulling the two back together. The platform never collects it. It moves between traders.

Grvt

@grvt_io

Every Dollar Does More. Pronounced "gravity"

Joined February 2023

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Grvt@grvt_io

2026.08.24 14:34

Perps never expire. So what stops the price drifting away from spot and just staying there? Funding. Above spot, longs pay shorts. Below spot, shorts pay longs. A small recurring payment pulling the two back together. The platform never collects it. It moves between traders.