Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bybit−0.803%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 7 days+0.870%+$87 · spread now −0.803%, 7d avg +0.010%
=Together, before fees+0.969%+ Points / potential airdropGRVT: Active · farm board+$97 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 0.813% cheaper against Bybit than usual: you would sell low and buy high, −$81 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOGEUSDT | 0.1019 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $168.7M | $455.2M | 75x |
| Short | GRVT DOGE_USDT_Perp | 0.1011 | 0.0100 | get 0.0100% / 8h | 4h 01m | $639K | $4.4M | 10x |
Bybit DOGEUSDT
GRVT DOGE_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: −0.803% → +0.010%
- −$81.3
- Slippage, 4 orders
- −$9.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$110.53
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 3 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, 3 min ago | 0.50 bp | 7.5 bp −$8 | 10.0 bp −$100 | 23.3 bp −$2,326 | 44.0 bp −$22.0K |
| Sell GRVT live order book, 3 min ago | 0.50 bp | 7.7 bp −$8 | 13.0 bp −$130 | 50.4 bp −$5,042 | doesn't fit |
DOGE on 44 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_DOGEUSD | −0.0031% | 1h | 0.1021 | +0.139% | $5.8M | $36.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0023% | 8h | 0.1019 | 0.000% | $153.7M | $279.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1017 | −0.175% | $480K | $5.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1019 | +0.017% | $27K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1020 | +0.050% | $229K | $48K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1021 | +0.178% | $755K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1019 | −0.029% | $922 | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1020 | +0.054% | $539K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | +0.085% | $4.7M | $50.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1019 | −0.016% | $330K | $484K | 20x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1021 | +0.151% | $333.4M | $1.50B | 75x | as long as short |
| Bybit DOGEUSDTlong | +0.0100% | 8h | 0.1019 | long leg | $168.7M | $455.2M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1019 | 0.000% | $116.9M | $1.05B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −1.404% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1019 | +0.039% | $250.9M | $136.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1020 | +0.059% | $116.5M | $237.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1020 | +0.069% | $68.1M | $44.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1020 | +0.049% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1014 | −0.520% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | −1.268% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −0.951% | $306K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perpshort | +0.0100% | 8h | 0.1011 | −0.803% | $639K | $4.4M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1011 | −0.795% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1019 | −0.010% | $264K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1019 | 0.000% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1019 | −0.017% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1020 | +0.100% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1020 | +0.128% | $2K | $4.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1021 | +0.186% | $6.1M | $59.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1021 | +0.147% | $93.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1017 | −0.183% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1019 | +0.035% | $500K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1019 | +0.010% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1019 | +0.022% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0192% | 1h | 0.1019 | +0.002% | $609K | $119K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1021 | +0.186% | $16.2M | $26.0M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1020 | +0.121% | $544 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1006 | −1.305% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0267% | 1h | 0.1019 | +0.020% | $317K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0276% | 1h | 0.1020 | +0.098% | $125.0M | $102.7M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1021 | +0.137% | $2.1M | $28.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1021 | +0.177% | $111K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1020 | +0.098% | $413K | $416K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1015 | −0.402% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP