Funding you earn now, next payment 04:00 UTC−0.0445%/8h= −48.7% APRnext payment −$2.22 per $10,000 · paid last 24h −0.085%
Price spread now: Bybit against GRVT−0.050%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1801.797% of the position
Funding, last 7 days−1.566%−$157 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now −0.050%, 7d avg +0.071%
=Together, before fees−1.773%+ Points / potential airdropGRVT: Active · farm board−$177 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.121% cheaper against GRVT than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LA_USDT_Perp | 0.07467 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $151K | $479K | 10x |
| Short | Bybit LAUSDT | 0.07463 | −0.0345 | pay 0.0172% / 4h | 2h 33m | $2.4M | $2.7M | 25x |
GRVT LA_USDT_Perp
Bybit LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GRVT. 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
- −$93.44
- Price spread: −0.050% → +0.071%
- −$12.14
- Slippage, 4 orders
- −$159.69
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$285.28
- Costs to cover
- 1.797%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; Bybit: live order book, 4 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 GRVT live order book, 35 min ago | 6.66 bp | 75.6 bp −$76 | 198.5 bp −$1,985 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.34 bp | 23.8 bp −$24 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
LA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.1796% | 4h | 0.07465 | −0.023% | $241K | $822K | 50x | as long as short |
| KuCoin LAUSDTM | −0.1116% | 4h | 0.07466 | −0.010% | $1.0M | $87K | 30x | as long as short |
| Aster LAUSDT | −0.0791% | 4h | 0.07465 | −0.027% | $52K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0680% | 4h | 0.07460 | −0.090% | $1.3M | $3.2M | 20x | as long as short |
| BingX LA-USDT | −0.0678% | 4h | 0.07452 | −0.197% | — | $6.5M | — | as long as short |
| MEXC LA_USDT | −0.0662% | 4h | 0.07453 | −0.184% | $380K | $139K | 50x | as long as short |
| Binance LAUSDT | −0.0657% | 4h | 0.07458 | −0.117% | $4.7M | $9.8M | 25x | as long as short |
| Bitget LAUSDT | −0.0648% | 4h | 0.07452 | −0.197% | $2.1M | $527K | 25x | as long as short |
| Bybit LAUSDTshort | −0.0345% | 4h | 0.07463 | −0.050% | $2.4M | $2.7M | 25x | |
| GRVT LA_USDT_Perplong | +0.0100% | 4h | 0.07467 | long leg | $151K | $479K | 10x |
Gate LA_USDT
KuCoin LAUSDTM
Aster LAUSDT
OKX LA-USDT-SWAP
BingX LA-USDT
MEXC LA_USDT
Binance LAUSDT
Bitget LAUSDT