Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004974 | +0.0100 | pay 0.0100% / 8h | 6h 10m | $75.3M | $220.6M | 50x | Long Bybit | |
| SHORT | 0.000004967 | −0.1217 | pay 0.1217% / 8h | 6h 10m | $1.2M | $2.6M | 10x | Short GRVT |
Price gap−0.149%62s
Funding gap−0.1317% /8h
Both sides work against this direction now: funding costs $40 a day on $10k and the gap is 0.211% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.1317% /8h now · paid −0.085% over the last 7D
Price—spread −0.149%62s now · prices read too far apart to compare
Costs−$340.342% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.085% in total, about −0.0040%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.149%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books8.3 / 7.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Bybit 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$39.51Long Bybit: 3 payments, −$3.00; short GRVT: 3 payments, −$36.51.
- Watch: Prices read 62 s apart−0.149% vs +0.062%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1.2M vs $75.3M OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · GRVT NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0040%/8h × 21 periods−$8.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$14.19
Fee Bybit bp × 2 orders−$11.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$42.69
price spread not counted: prices read too far apartCosts to cover0.342%Break-evennever at this rate
Slippage: Bybit: live order book, 2 min ago; GRVT: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.018.3 bp−$814.1 bp−$14142.4 bp−$4,242doesn’t fit
SELL · SHORTGRVT2.117.9 bp−$8doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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