Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Bybit against GRVT+0.037%70s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$830.826% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.037%, 7d avg +0.047%
=Together, before fees−0.171%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AXS_USDT_Perp | 1.0740 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $765K | $889K | 10x |
| Short | Bybit AXSUSDT | 1.0744 | 0.0100 | get 0.0100% / 8h | 7h 18m | $3.7M | $4.1M | 75x |
GRVT AXS_USDT_Perp
Bybit AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GRVT. 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: +0.037% → +0.047%
- −$0.94
- Slippage, 4 orders
- −$62.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.54
- Costs to cover
- 0.826%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 55 min ago; Bybit: live order book, 4 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 GRVT live order book, 55 min ago | 4.64 bp | 21.6 bp −$22 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.93 bp | 20.8 bp −$21 | 38.0 bp −$380 | 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 | −0.0261% | 1h | 1.0770 | +0.276% | $146K | $330K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.186% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0052% | 4h | 1.0734 | −0.056% | $278K | $14K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0082% | 4h | 1.0740 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0762 | +0.205% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0736 | −0.037% | $268K | $307K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0741 | +0.009% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0741 | +0.010% | $6.1M | $9.7M | 75x | as long as short |
| Bybit AXSUSDTshort | +0.0100% | 8h | 1.0744 | +0.037% | $3.7M | $4.1M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0743 | +0.028% | $1.4M | $3.0M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0732 | −0.074% | $874K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0729 | −0.102% | $11.4M | $744K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0740 | 0.000% | $624K | $309K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0740 | 0.000% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0735 | −0.047% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0750 | +0.091% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0740 | long leg | $765K | $889K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0733 | −0.065% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0744 | +0.037% | $710 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0733 | −0.069% | $7K | $241K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD