Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against Gate+0.197%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$903as in the Funding arb table
Net, price: spread back to 7d avg − costs−$862as in the Price arb table
costs, in and out, $10k−$8738.726% of the position
Funding, last 7 days−0.305%−$31 on $10k
+Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.197%, 7d avg +0.092%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.105% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.092%. Mind the row above: over the last 7 days funding on this pair cost −0.305%, 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 | Gate GRVT_USDT | 0.1882 | 0.0100 | pay 0.0050% / 4h | 31m 28s | $331K | $69K | 20x |
| Short | Bybit GRVTUSDT | 0.1886 | 0.0140 | get 0.0070% / 4h | 31m 28s | $2.8M | $774K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $8.51
- Price spread: +0.197% → +0.092%
- $10.51
- Slippage, 4 orders
- −$846.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$853.58
- Costs to cover
- 8.726%
- Break-even
- 709.5 days
Slippage from Gate: live order book, 24 min ago; Bybit: live order book, 1 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 Gate live order book, 24 min ago | 8.02 bp | 98.1 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.83 bp | 313.2 bp −$313 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GRVTUSDT | +0.0100% | 4h | 0.1887 | +0.266% | $5.1M | $2.9M | 25x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1886 | +0.191% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDTlong | +0.0100% | 4h | 0.1882 | long leg | $331K | $69K | 20x | |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1885 | +0.154% | $3.6M | $135K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1885 | +0.175% | $234K | $655K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1883 | +0.060% | $264K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1882 | −0.001% | $10K | $281K | 10x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1885 | +0.175% | $291K | $192K | 10x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1886 | +0.186% | $103K | $420K | 5x | as long as short |
| BloFin GRVT-USDT | +0.0127% | 4h | 0.1882 | +0.011% | $236K | $56K | 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 | +0.0140% | 4h | 0.1886 | +0.197% | $2.8M | $774K | 20x | |
| Aster GRVTUSDT | +0.0202% | 4h | 0.1886 | +0.191% | $22K | $28K | 5x | as long as short |
| BingX GRVT-USDT | +0.0287% | 4h | 0.1887 | +0.266% | — | $1.6M | — | as long as short |
| Bitget GRVTUSDT | +0.0328% | 4h | 0.1885 | +0.154% | $657K | $692K | 20x | as long as short |
Gate GRVT_USDT
Bybit GRVTUSDT
Binance GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
Extended GRVT-USD
BloFin GRVT-USDT
Aster GRVTUSDT
BingX GRVT-USDT
Bitget GRVTUSDT