Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000005004 | −0.1115 | get 0.1115% / 8h | 5h 28m | $1.2M | $2.7M | 10x | Long GRVT | |
| SHORT | 0.000004988 | +0.0062 | get 0.0062% / 8h | 5h 28m | $75.9M | $217.0M | 50x | Short Bybit |
Price gap−0.321%52s
Funding gap+0.1177% /8h
Funding pays +$35 a day on $10k, but the gap is 0.258% under its 7d average: −$26 if it goes back, about 18 hours of funding. At the last 7 days' pace that is about 21 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.1177% /8h now · paid +0.085% over the last 7D
Price—spread −0.321%52s now · prices read too far apart to compare
Costs−$340.336% of $10k · taker + slippage, in and out
The current funding rate is far above 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−0.321%
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 books8.6 / 10.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200GRVT 10x, Bybit 50x. 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: +$35.30Long GRVT: 3 payments, +$33.45; short Bybit: 3 payments, +$1.85.
- Watch: Prices read 52 s apart−0.321% vs −0.063%Part of this gap may be the market moving.
- Watch: Long leg is thinner$1.2M vs $75.9M OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · Bybit YesStandard 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−$13.55
Fee GRVT bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$25.05
price spread not counted: prices read too far apartCosts to cover0.336%Break-even27.6 days
Slippage: GRVT: live order book, 4 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT1.208.6 bp−$91670.3 bp−$16.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.0010.2 bp−$1017.2 bp−$17247.6 bp−$4,763doesn’t fit
Closing costs about the same again.
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