Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Bybit against GRVT+0.166%7-day average −0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)−0.325%−$33 · spread now +0.166%, 7d avg −0.167%
=Together, before fees−0.432%+ Points / potential airdropGRVT: Active · farm board−$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.334% dearer against GRVT than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.167%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MON_USDT_Perp | 0.02556 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $579K | $1.5M | 10x |
| Short | Bybit MONUSDT | 0.02561 | 0.0100 | get 0.0100% / 8h | 7h 46m | $21.1M | $12.1M | 50x |
GRVT MON_USDT_Perp
Bybit MONUSDTFunding 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
- $0
- Price spread: +0.166% → −0.167%
- $33.35
- Slippage, 4 orders
- −$72.96
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.61
- Costs to cover
- 0.930%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 3.91 bp | 23.8 bp −$24 | 76.4 bp −$764 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.96 bp | 19.5 bp −$19 | 60.0 bp −$600 | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0444% | 1h | 0.02556 | −0.014% | $6K | $105 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0110% | 1h | 0.02560 | +0.158% | $127K | $141K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −0.045% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02555 | −0.045% | $69K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02555 | −0.065% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02554 | −0.092% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02560 | +0.143% | $850K | $744K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02553 | −0.119% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02557 | +0.029% | $389K | $539K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02562 | +0.225% | $34.7M | $7.6M | 5x | as long as short |
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02560 | +0.130% | $106K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02555 | −0.056% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02554 | −0.092% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02561 | +0.165% | $24.5M | $25.6M | 75x | as long as short |
| Bybit MONUSDTshort | +0.0100% | 8h | 0.02561 | +0.166% | $21.1M | $12.1M | 50x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02560 | +0.143% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.248% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02560 | +0.143% | $977K | $893K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02563 | +0.260% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02550 | −0.244% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02552 | −0.151% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perplong | +0.0100% | 4h | 0.02556 | long leg | $579K | $1.5M | 10x | |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02554 | −0.092% | $68K | $483K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02553 | −0.131% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02564 | +0.306% | $52K | $440K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02553 | −0.111% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0125% | 1h | 0.02555 | −0.056% | $3K | $75K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0192% | 4h | 0.02563 | +0.260% | $3.0M | $720K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02555 | −0.061% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02553 | −0.131% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02555 | −0.061% | $122K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0467% | 1h | 0.02556 | −0.003% | $268K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02609 | +2.056% | $115K | $50K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX