Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Bybit+0.030%80s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.192%+$19 · spread now +0.030%, 7d avg −0.041%
=Together, before fees+0.213%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.071% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXSUSDT | 1.0640 | 0.0100 | pay 0.0100% / 8h | 1h 22m | $3.2M | $3.6M | 75x |
| Short | GRVT AXS_USDT_Perp | 1.0643 | 0.0100 | get 0.0050% / 4h | 1h 22m | $760K | $862K | 10x |
Bybit AXSUSDT
GRVT AXS_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
- $0
- Price spread: +0.030% → −0.041%
- $7.06
- Slippage, 4 orders
- −$67.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$80.76
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 61 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 | 1.88 bp | 26.2 bp −$26 | 94.8 bp −$948 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 61 min ago | 4.69 bp | 17.9 bp −$18 | 214.3 bp −$2,143 | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0475% | 1h | 1.0654 | +0.130% | $139K | $306K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.752% | $5 | $47K | 5.5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0054% | 4h | 1.0647 | +0.066% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0067% | 4h | 1.0640 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0660 | +0.188% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0648 | +0.075% | $262K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0642 | +0.021% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0642 | +0.016% | $5.9M | $9.2M | 75x | as long as short |
| Bybit AXSUSDTlong | +0.0100% | 8h | 1.0640 | long leg | $3.2M | $3.6M | 75x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0640 | 0.000% | $957K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
OKX AXS-USDT-SWAP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0640 | 0.000% | $11.1M | $725K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | 0.000% | $589K | $297K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0642 | +0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0631 | −0.083% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0643 | +0.030% | $760K | $862K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0648 | +0.075% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0645 | +0.047% | $689 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0640 | −0.001% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0112% | 4h | 1.0628 | −0.113% | $272K | $17K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT