Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.129%
Price spread now: Bybit against Binance+0.090%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$708as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6306.299% of the position
Funding, last 7 days−0.777%−$78 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.090%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.112% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRVTUSDT | 0.1891 | 0.0464 | pay 0.0232% / 4h | 3h 33m | $5.1M | $2.9M | 25x |
| Short | Bybit GRVTUSDT | 0.1893 | 0.0464 | get 0.0232% / 4h | 3h 33m | $2.8M | $765K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$0.15
- Price spread: +0.090% → −0.022%
- $11.23
- Slippage, 4 orders
- −$608.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$618.81
- Costs to cover
- 6.299%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 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 Binance live order book, 4 min ago | 2.64 bp | 31.1 bp −$31 | 210.0 bp −$2,100 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 8.45 bp | 286.8 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDT | +0.0100% | 4h | 0.1889 | −0.106% | $331K | $82K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1892 | +0.057% | $265K | $16K | — | as long as short |
| KuCoin GRVTUSDTM | +0.0208% | 4h | 0.1891 | 0.000% | $230K | $678K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0278% | 4h | 0.1892 | +0.031% | $285K | $152K | 10x | as long as short |
| Bitget GRVTUSDT | +0.0412% | 4h | 0.1892 | +0.063% | $660K | $782K | 20x | as long as short |
| BingX GRVT-USDT | +0.0418% | 4h | 0.1892 | +0.053% | — | $1.6M | — | as long as short |
| BloFin GRVT-USDT | +0.0428% | 4h | 0.1889 | −0.090% | $236K | $57K | 20x | as long as short |
| edgeX GRVTUSDC | +0.0449% | 4h | 0.1892 | +0.079% | $10K | $281K | 10x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0454% | 4h | 0.1892 | +0.026% | $2.0M | $2.0M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0456% | 4h | 0.1892 | +0.037% | $3.6M | $135K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDTshort | +0.0464% | 4h | 0.1893 | +0.090% | $2.8M | $765K | 20x | |
| Extended GRVT-USD | +0.0464% | 1h | 0.1890 | −0.028% | $101K | $420K | 5x | as long as short |
| Binance GRVTUSDTlong | +0.0464% | 4h | 0.1891 | long leg | $5.1M | $2.9M | 25x | |
| Aster GRVTUSDT | +0.0649% | 4h | 0.1890 | −0.053% | $22K | $28K | 5x | as long as short |
Binance GRVTUSDT
Bybit GRVTUSDT
Gate GRVT_USDT
Variational Omni GRVT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
Bitget GRVTUSDT
BingX GRVT-USDT
BloFin GRVT-USDT
edgeX GRVTUSDC
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Extended GRVT-USD
Aster GRVTUSDT