Funding you earn now, next payment 00:00 UTC+0.0102%/8h= +11.1% APRnext payment +$1.02 per $10,000 · paid last 24h +0.019%
Price spread now: GRVT against Bybit−0.061%80s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as 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−$1211.208% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 3 days (all we have)+0.473%+$47 · spread now −0.061%, 7d avg +0.029%
=Together, before fees+0.629%+ Points / potential airdropGRVT: Active · farm board+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.090% cheaper against Bybit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.029%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day). 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 FILUSDT | 0.9899 | −0.0002 | get 0.0002% / 8h | 1h 42m | $15.6M | $17.9M | 25x |
| Short | GRVT FIL_USDT_Perp | 0.9893 | 0.0100 | get 0.0100% / 8h | 1h 42m | $296K | $814K | 10x |
Bybit FILUSDT
GRVT FIL_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
- $21.38
- Price spread: −0.061% → +0.029%
- −$9.05
- Slippage, 4 orders
- −$100.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$108.43
- Costs to cover
- 1.208%
- Break-even
- 42.5 days
Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 41 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 | 0.50 bp | 13.3 bp −$13 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 41 min ago | 10.16 bp | 75.1 bp −$75 | 258.1 bp −$2,581 | doesn't fit | doesn't fit |
FIL 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 FIL_USDC-PERPETUAL | −0.0758% | 1h | 0.9907 | +0.081% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0693% | 1h | 0.9904 | +0.055% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9916 | +0.172% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.444% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0072% | 1h | 0.9893 | −0.059% | $159K | $348K | 5x | as long as short |
| Bitget FILUSDT | −0.0020% | 8h | 0.9897 | −0.020% | $10.9M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9906 | +0.075% | $25K | — | 150x | as long as short |
| Bybit FILUSDTlong | −0.0002% | 8h | 0.9899 | long leg | $15.6M | $17.9M | 25x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9904 | +0.054% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0018% | 8h | 0.9899 | 0.000% | $7.4M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0031% | 8h | 0.9897 | −0.020% | $18.3M | $97.1M | 50x | as long as short |
| MEXC FIL_USDC | +0.0076% | 8h | 0.9892 | −0.071% | $251K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9897 | −0.020% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0081% | 8h | 0.9897 | −0.016% | $56.9M | $174.8M | 75x | as long as short |
| Variational Omni FIL | +0.0085% | 8h | 0.9879 | −0.206% | $440K | $277K | — | as long as short |
| BingX FIL-USDC | +0.0086% | 8h | 0.9899 | 0.000% | — | $6.5M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9898 | −0.015% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9904 | +0.050% | $490K | $515K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9904 | +0.051% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9891 | −0.076% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9893 | −0.061% | $296K | $814K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | +0.010% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9910 | +0.116% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | −0.091% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9899 | 0.000% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9907 | +0.081% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | +0.010% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0201% | 8h | 0.9891 | −0.081% | $2.6M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0617% / S −0.0742% | 1h | 0.9906 | +0.075% | $215K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
Variational Omni FIL
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]