Funding you earn now, next payment 04:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.051%
Price spread now: Bybit against BloFin+0.021%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$547as in the Funding arb table
Net, price: spread back to 7d avg − costs−$529as in the Price arb table
costs, in and out, $10k−$5325.316% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.352%+$35 · spread now +0.021%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.026% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRVT-USDT | 0.1877 | 0.0043 | pay 0.0022% / 4h | 1h 16m | $238K | $64K | 20x |
| Short | Bybit GRVTUSDT | 0.1877 | 0.0100 | get 0.0050% / 4h | 1h 16m | $2.8M | $790K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $11.94
- Price spread: +0.021% → −0.005%
- $2.61
- Slippage, 4 orders
- −$508.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$517.02
- Costs to cover
- 5.316%
- Break-even
- 310.1 days
Slippage from BloFin: live order book, 22 min ago; Bybit: live order book, 6 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 BloFin live order book, 22 min ago | 5.34 bp | 18.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.19 bp | 130.4 bp −$130 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRVT-USDTlong | +0.0043% | 4h | 0.1877 | long leg | $238K | $64K | 20x | |
| Aster GRVTUSDT | +0.0100% | 4h | 0.1875 | −0.085% | $23K | $28K | 5x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1875 | −0.112% | $5.1M | $2.9M | 25x | as long as short |
| Bybit GRVTUSDTshort | +0.0100% | 4h | 0.1877 | +0.021% | $2.8M | $790K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1875 | −0.059% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1874 | −0.139% | $330K | $63K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1875 | −0.059% | $3.5M | $135K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1873 | −0.181% | $228K | $634K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1878 | +0.091% | $263K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1876 | −0.022% | $10K | $282K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1877 | +0.046% | $290K | $193K | 10x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1874 | −0.138% | $102K | $421K | 5x | as long as short |
| BingX GRVT-USDT | +0.0116% | 4h | 0.1875 | −0.085% | — | $1.6M | — | as long as short |
| Bitget GRVTUSDT | +0.0124% | 4h | 0.1877 | 0.000% | $665K | $656K | 20x | as long as short |
BloFin GRVT-USDT
Bybit GRVTUSDT
Aster GRVTUSDT
Binance GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
Extended GRVT-USD
BingX GRVT-USDT
Bitget GRVTUSDT