Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.105%
Price spread now: GRVT against Bybit−0.499%90s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3373.372% of the position
Funding, last 7 days+1.588%+$159 on $10k
+Price spread, last 4 days (all we have)+0.457%+$46 · spread now −0.499%, 7d avg −0.074%
=Together, before fees+2.045%+ Points / potential airdropGRVT: Active · farm board+$205 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.426% cheaper against Bybit than usual: you would sell low and buy high (spread −0.499% now, against its 7-day average of −0.074%). If the spread goes back, that is −$43 on $10k: about 11 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+1.588% in total) that is about 45 hours. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07443 | −0.0024 | get 0.0012% / 4h | 30m 02s | $2.3M | $2.6M | 25x |
| Short | GRVT LA_USDT_Perp | 0.07406 | 0.0100 | get 0.0050% / 4h | 30m 02s | $146K | $478K | 10x |
Bybit LAUSDT
GRVT LA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $26.04
- Price spread: −0.499% → −0.074%
- −$42.57
- Slippage, 4 orders
- −$317.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$353.78
- Costs to cover
- 3.372%
- Break-even
- 102.1 days
Slippage from Bybit: live order book, 2 min ago; GRVT: live order book, 28 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 | 2.02 bp | 21.4 bp −$21 | 143.8 bp −$1,438 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 28 min ago | 6.76 bp | 77.6 bp −$78 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0746% | 4h | 0.07426 | −0.228% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0554% | 4h | 0.07435 | −0.107% | $235K | $830K | 50x | as long as short |
| Bitget LAUSDT | −0.0436% | 4h | 0.07428 | −0.202% | $2.0M | $496K | 25x | as long as short |
| BingX LA-USDT | −0.0434% | 4h | 0.07444 | +0.013% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0382% | 4h | 0.07440 | −0.040% | $1.3M | $3.1M | 20x | as long as short |
| Aster LAUSDT | −0.0376% | 4h | 0.07441 | −0.020% | $51K | $24K | 5x | as long as short |
| Binance LAUSDT | −0.0242% | 4h | 0.07437 | −0.081% | $4.7M | $9.9M | 25x | as long as short |
| MEXC LA_USDT | −0.0240% | 4h | 0.07437 | −0.081% | $379K | $133K | 50x | as long as short |
| BloFin LA-USDT | −0.0224% | 4h | 0.07419 | −0.322% | $245K | $20K | 25x | as long as short |
| Bybit LAUSDTlong | −0.0024% | 4h | 0.07443 | long leg | $2.3M | $2.6M | 25x |
KuCoin LAUSDTM
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
OKX LA-USDT-SWAP
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
BloFin LA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perpshort | +0.0100% | 4h | 0.07406 | −0.499% | $146K | $478K | 10x |