Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against GRVT+0.183%50s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$420.418% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days−0.293%−$29 · spread now +0.183%, 7d avg −0.033%
=Together, before fees−0.328%+ Points / potential airdropGRVT: Active · farm board−$33 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 0.216% dearer against GRVT than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.033%. The two prices were read 50 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 | GRVT NEAR_USDT_Perp | 4.1454 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $1.4M | $1.3M | 10x |
| Short | Bybit NEARUSDT | 4.1530 | 0.0100 | get 0.0100% / 8h | 1h 36m | $211.6M | $422.3M | 75x |
Funding 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: +0.183% → −0.033%
- $21.55
- Slippage, 4 orders
- −$21.82
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.27
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 3.62 bp | 9.9 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.21 bp | 9.2 bp −$9 | 13.9 bp −$139 | 33.5 bp −$3,354 | 146.7 bp −$73.4K |
NEAR on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.1467 | +0.032% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1467 | +0.031% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.107% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1566 | +0.270% | $108K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1541 | +0.209% | $419K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1524 | +0.168% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1560 | +0.254% | $7.6M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0056% | 1h | 4.1544 | +0.216% | $12K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1603 | +0.359% | $1.4M | $6.9M | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1520 | +0.159% | $111K | $482K | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1540 | +0.207% | $53K | $155K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1552 | +0.237% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1567 | +0.273% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1576 | +0.294% | $360K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1527 | +0.175% | $237.4M | $1.07B | 75x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.1530 | +0.183% | $211.6M | $422.3M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1480 | +0.062% | $57.0M | $274.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1540 | +0.207% | $308K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1500 | +0.110% | $236K | $4K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1537 | +0.200% | $29.8M | $57.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1560 | +0.255% | $81.8M | $141.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1580 | +0.303% | $54.8M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1483 | +0.069% | $68.9M | $125.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1500 | +0.110% | — | $136.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1460 | +0.014% | $7.7M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1467 | +0.030% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.1454 | long leg | $1.4M | $1.3M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1510 | +0.134% | $182K | $789K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1525 | +0.171% | $199K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1540 | +0.207% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1529 | +0.180% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1520 | +0.159% | $3.8M | $8.1M | 50x | as long as short |
| Lighter NEAR | +0.0104% | 1h | 4.1607 | +0.368% | $15.3M | $22.5M | 15x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1493 | +0.094% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1520 | +0.159% | $200K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1510 | +0.134% | $12.3M | $33.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0268% | 1h | 4.1598 | +0.347% | $350.1M | $297.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1544 | +0.217% | $408K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0379% / S −0.0327% | 1h | 4.1522 | +0.163% | $279K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0418% | 1h | 4.1609 | +0.373% | $1.2M | $5.7M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0496% | 1h | 4.1569 | +0.277% | $1.8M | $2.2M | 25x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1571 | +0.282% | $1.7M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0560% | 1h | 4.1481 | +0.064% | $1.8M | $3.5M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0854% | 1h | 4.1521 | +0.160% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.0990% | 8h | 4.1640 | +0.448% | $449K | $3.6M | 75x | as long as short |
GRVT NEAR_USDT_Perp
Bybit NEARUSDT
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter RH NEAR
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Lighter NEAR
Extended NEAR-USD
BloFin NEAR-USDT
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT