Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.078%
Price spread now: GRVT against Bybit+0.394%80s7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as 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−$1821.822% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)+0.285%+$28 · spread now +0.394%, 7d avg +0.244%
=Together, before fees+0.525%+ Points / potential airdropGRVT: Active · farm board+$52 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: GRVT is 0.150% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.244%. The two prices were read 80 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 | Bybit POPCATUSDT | 0.05595 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $8.8M | $6.3M | 50x |
| Short | GRVT POPCAT_USDT_Perp | 0.05617 | 0.0100 | get 0.0050% / 4h | 1h 40m | $251K | $495K | 10x |
Bybit POPCATUSDT
GRVT POPCAT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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: +0.394% → +0.244%
- $14.99
- Slippage, 4 orders
- −$162.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$167.2
- Costs to cover
- 1.822%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 23 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 Bybit live order book, 3 min ago | 1.78 bp | 24.1 bp −$24 | 85.6 bp −$856 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 23 min ago | 2.67 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
POPCAT on 18 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 POPCAT/USDC PERP | −0.4257% | 1h | 0.05514 | −1.448% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05608 | +0.224% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0057% | 4h | 0.05593 | −0.037% | $508K | $161K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05610 | +0.268% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05613 | +0.317% | $2.3M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDTlong | +0.0100% | 4h | 0.05595 | long leg | $8.8M | $6.3M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05606 | +0.197% | $694K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05619 | +0.429% | $448K | $635K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05612 | +0.304% | $1.8M | $952K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05613 | +0.322% | $1.1M | $985K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05610 | +0.268% | $1.2M | $937K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05606 | +0.197% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perpshort | +0.0100% | 4h | 0.05617 | +0.394% | $251K | $495K | 10x | |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05600 | +0.089% | $22K | $652K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05611 | +0.280% | $95K | $529K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0295% | 1h | 0.05609 | +0.252% | $150K | $146K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05610 | +0.268% | $123K | $324K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1011% | 1h | 0.05619 | +0.433% | $2.6M | $998K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT