Funding you earn now, next payment 12:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against MEXC+0.085%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2802.799% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.085%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.041% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 | MEXC GRVT_USDT | 0.1874 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $3.5M | $129K | 20x |
| Short | Bybit GRVTUSDT | 0.1875 | 0.0147 | get 0.0074% / 4h | 3h 39m | $2.7M | $759K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $9.97
- Price spread: +0.085% → +0.045%
- $4.06
- Slippage, 4 orders
- −$260.94
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265.91
- Costs to cover
- 2.799%
- Break-even
- 193.8 days
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 2 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 MEXC live order book, 3 min ago | 0.80 bp | 15.2 bp −$15 | 70.1 bp −$701 | 211.2 bp −$21.1K | 770.4 bp −$385.2K |
| Sell Bybit live order book, 2 min ago | 4.26 bp | 25.9 bp −$26 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1873 | −0.027% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1871 | −0.149% | $325K | $98K | 20x | as long as short |
| MEXC GRVT_USDTlong | +0.0100% | 4h | 0.1874 | long leg | $3.5M | $129K | 20x | |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1872 | −0.107% | $192K | $773K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1877 | +0.149% | $262K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1875 | +0.046% | $10K | $282K | 10x | as long as short |
| Bybit GRVTUSDTshort | +0.0147% | 4h | 0.1875 | +0.085% | $2.7M | $759K | 20x | |
| BloFin GRVT-USDT | +0.0149% | 4h | 0.1875 | +0.059% | $239K | $37K | 20x | as long as short |
| Extended GRVT-USD | +0.0248% | 1h | 0.1872 | −0.069% | $102K | $465K | 5x | as long as short |
| Binance GRVTUSDT | +0.0250% | 4h | 0.1873 | −0.043% | $5.1M | $2.6M | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRVTUSDT | +0.0282% | 4h | 0.1875 | +0.048% | $673K | $844K | 20x | as long as short |
| BingX GRVT-USDT | +0.0300% | 4h | 0.1875 | +0.064% | — | $1.7M | — | as long as short |
| Aster GRVTUSDT | +0.0384% | 4h | 0.1875 | +0.049% | $23K | $24K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0468% | 4h | 0.1877 | +0.144% | $288K | $176K | 10x | as long as short |
MEXC GRVT_USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
Extended GRVT-USD
Binance GRVTUSDT
Bitget GRVTUSDT
BingX GRVT-USDT
Aster GRVTUSDT
GRVT GRVT_USDT_Perp