Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Bybit+0.036%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$642as in the Price arb table
costs, in and out, $10k−$6456.451% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.036%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRVTUSDT | 0.1923 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $2.8M | $790K | 20x |
| Short | Bitget GRVTUSDT | 0.1924 | 0.0280 | get 0.0140% / 4h | 3h 20m | $691K | $540K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $37.8
- Price spread: +0.036% → +0.001%
- $3.55
- Slippage, 4 orders
- −$622.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$603.73
- Costs to cover
- 6.451%
- Break-even
- 118.8 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 50 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, 2 min ago | 3.90 bp | 305.0 bp −$305 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 50 min ago | 3.38 bp | 16.5 bp −$16 | 223.0 bp −$2,230 | 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-USDT | +0.0099% | 4h | 0.1923 | +0.031% | $239K | $66K | 20x | as long as short |
| Bybit GRVTUSDTlong | +0.0100% | 4h | 0.1923 | long leg | $2.8M | $790K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1923 | −0.005% | $2.0M | $1.8M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1922 | −0.047% | $340K | $55K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1922 | −0.026% | $3.6M | $133K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1924 | +0.033% | $270K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1923 | −0.019% | $12K | $281K | 10x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0228% | 4h | 0.1926 | +0.161% | $303K | $190K | 10x | as long as short |
| Bitget GRVTUSDTshort | +0.0280% | 4h | 0.1924 | +0.036% | $691K | $540K | 20x | |
| KuCoin GRVTUSDTM | +0.0782% | 4h | 0.1921 | −0.078% | $244K | $696K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRVTUSDT | +0.1082% | 4h | 0.1921 | −0.095% | $5.2M | $2.7M | 25x | as long as short |
| BingX GRVT-USDT | +0.1090% | 4h | 0.1921 | −0.099% | — | $1.6M | — | as long as short |
| Extended GRVT-USD | +0.1104% | 1h | 0.1921 | −0.117% | $103K | $432K | 5x | as long as short |
| Aster GRVTUSDT | +0.1240% | 4h | 0.1924 | +0.066% | $23K | $31K | 5x | as long as short |
Bybit GRVTUSDT
Bitget GRVTUSDT
BloFin GRVT-USDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
KuCoin GRVTUSDTM
Binance GRVTUSDT
BingX GRVT-USDT
Extended GRVT-USD
Aster GRVTUSDT