Funding you earn now, next payment 08:00 UTC+0.0331%/8h= +36.2% APRnext payment +$3.31 per $10,000 · paid last 24h +0.014%
Price spread now: GRVT against Bybit+0.079%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.079%, 7d avg +0.002%
=Together, before fees+0.058%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GRVT is 0.077% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.31 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 | Bybit ATOMUSDT | 1.7996 | −0.0231 | get 0.0231% / 8h | 6h 33m | $15.0M | $10.8M | 75x |
| Short | GRVT ATOM_USDT_Perp | 1.8010 | 0.0100 | get 0.0100% / 8h | 6h 33m | $770K | $2.9M | 10x |
Bybit ATOMUSDT
GRVT ATOM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $69.52
- Price spread: +0.079% → +0.002%
- $7.69
- Slippage, 4 orders
- −$36.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $21.19
- Costs to cover
- 0.560%
- Break-even
- 4.9 days
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 5 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 Bybit live order book, 5 min ago | 2.79 bp | 14.5 bp −$14 | 31.6 bp −$316 | 240.9 bp −$24.1K | doesn't fit |
| Sell GRVT live order book, 5 min ago | 5.58 bp | 15.4 bp −$15 | 41.8 bp −$418 | doesn't fit | doesn't fit |
ATOM on 24 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 ATOMUSDTlong | −0.0231% | 8h | 1.7996 | long leg | $15.0M | $10.8M | 75x | |
| Variational Omni ATOM | −0.0097% | 8h | 1.8002 | +0.035% | $575K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0096% | 8h | 1.7980 | −0.089% | $5.1M | $5.7M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8049 | +0.296% | $3.1M | $694K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8047 | +0.284% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8035 | +0.217% | $496 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8015 | +0.107% | $12K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.311% | $25K | $11K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7995 | −0.006% | $2.8M | $850K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7990 | −0.033% | $975K | $245K | 20x | as long as short |
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8019 | +0.128% | $21.3M | $31.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8020 | +0.133% | $2.5M | $820K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7990 | −0.033% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8010 | +0.078% | $1.6M | $775K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7983 | −0.072% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8010 | +0.078% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8015 | +0.104% | $443K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perpshort | +0.0100% | 8h | 1.8010 | +0.079% | $770K | $2.9M | 10x | |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8025 | +0.161% | $313K | $181K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8040 | +0.244% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8008 | +0.066% | $5K | $212K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8030 | +0.189% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8007 | +0.059% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7985 | −0.062% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP