Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against Bybit+0.056%90s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as 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−$1111.111% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.056%, 7d avg +0.032%
=Together, before fees+0.130%+ Points / potential airdropGRVT: Active · farm board+$13 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 0.024% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.032%. The two prices were read 90 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 DOTUSDT | 1.1646 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $23.6M | $20.2M | 75x |
| Short | GRVT DOT_USDT_Perp | 1.1652 | 0.0100 | get 0.0100% / 8h | 1h 08m | $223K | $432K | 10x |
Funding 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: +0.056% → +0.032%
- $2.38
- Slippage, 4 orders
- −$91.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$108.7
- Costs to cover
- 1.111%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 35 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, 1 min ago | 0.43 bp | 10.9 bp −$11 | 21.1 bp −$211 | 125.0 bp −$12.5K | doesn't fit |
| Sell GRVT live order book, 35 min ago | 4.29 bp | 16.4 bp −$16 | 110.6 bp −$1,106 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.3681% | 1h | 1.1657 | +0.094% | $246K | $152K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0440% | 1h | 1.1660 | +0.120% | $170K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1645 | −0.010% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1647 | +0.009% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1650 | +0.033% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.211% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1651 | +0.043% | $246K | $677K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1651 | +0.043% | $5.6M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1653 | +0.060% | $839K | $607K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1651 | +0.043% | $42.4M | $88.8M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDTlong | +0.0100% | 8h | 1.1646 | long leg | $23.6M | $20.2M | 75x | |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1648 | +0.017% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1650 | +0.034% | $6.7M | $12.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1644 | −0.017% | $35.1M | $61.8M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1647 | +0.009% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1649 | +0.026% | $22.3M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1650 | +0.034% | — | $9.4M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1653 | +0.060% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1651 | +0.046% | $530K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1664 | +0.154% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perpshort | +0.0100% | 8h | 1.1652 | +0.056% | $223K | $432K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1650 | +0.034% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1667 | +0.180% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1654 | +0.069% | $262K | $281K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1643 | −0.026% | $18K | $252K | 25x | as long as short |
| Phemex DOTUSDT | +0.0187% | 8h | 1.1670 | +0.206% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1656 | +0.086% | $1.9M | $901K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1650 | +0.038% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0328% | 1h | 1.1656 | +0.088% | $4.3M | $1.5M | 50x | as long as short |
Bybit DOTUSDT
GRVT DOT_USDT_Perp
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD