Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Bybit against GRVT−0.590%100s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as 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−$2522.520% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.590%, 7d avg −0.067%
=Together, before fees+0.150%+ Points / potential airdropGRVT: Active · farm board+$15 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: Bybit is 0.523% cheaper against GRVT than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 100 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 | GRVT CRV_USDT_Perp | 0.3685 | 0.0100 | pay 0.0100% / 8h | 29m 58s | $521K | $428K | 10x |
| Short | Bybit CRVUSDT | 0.3663 | 0.0100 | get 0.0100% / 8h | 29m 58s | $28.0M | $17.2M | 75x |
Funding 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: −0.590% → −0.067%
- −$52.31
- Slippage, 4 orders
- −$232.04
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$304.34
- Costs to cover
- 2.520%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 48 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, 48 min ago | 13.68 bp | 100.1 bp −$100 | 195.2 bp −$1,952 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.36 bp | 11.7 bp −$12 | 30.3 bp −$303 | 183.2 bp −$18.3K | doesn't fit |
CRV on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −0.400% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3680 | −0.126% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3662 | −0.615% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3664 | −0.562% | $57K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3665 | −0.543% | $38K | $5K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3663 | −0.581% | $415K | $731K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3665 | −0.535% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3665 | −0.533% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3664 | −0.567% | $372K | $205K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3664 | −0.552% | $25.8M | $56.5M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDTshort | +0.0100% | 8h | 0.3663 | −0.590% | $28.0M | $17.2M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3663 | −0.590% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3664 | −0.562% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3664 | −0.562% | $14.5M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3668 | −0.454% | $7.4M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3668 | −0.454% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3665 | −0.535% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3668 | −0.452% | $1.1M | $110K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3680 | −0.133% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perplong | +0.0100% | 8h | 0.3685 | long leg | $521K | $428K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3684 | −0.020% | $61K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3675 | −0.264% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3663 | −0.594% | $244K | $884K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3666 | −0.519% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0156% | 1h | 0.3669 | −0.422% | $3.1M | $2.9M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3668 | −0.454% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0272% | 1h | 0.3671 | −0.378% | $22.8M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3666 | −0.508% | $386K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0436% / S −0.0185% | 1h | 0.3665 | −0.527% | $230K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0619% | 1h | 0.3667 | −0.470% | $107K | $305K | 10x | as long as short |
GRVT CRV_USDT_Perp
Bybit CRVUSDT
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP