Funding you earn now, next payment 00:00 UTC−0.1480%/8h= −162.1% APRnext payment −$7.40 per $10,000 · paid last 24h −0.227%
Price spread now: GRVT against Bybit−0.158%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
Funding, last 7 days−0.629%−$63 on $10k
+Price spread, last 3 days (all we have)+0.273%+$27 · spread now −0.158%, 7d avg −0.025%
=Together, before fees−0.356%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and GRVT is 0.134% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.629% in total (about -32.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RIVERUSDT | 1.2730 | 0.1624 | pay 0.0812% / 4h | 1h 54m | $3.8M | $1.7M | 25x |
| Short | GRVT RIVER_USDT_Perp | 1.2710 | 0.0144 | get 0.0072% / 4h | 1h 54m | $31K | $429K | 10x |
Bybit RIVERUSDT
GRVT RIVER_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
- −$310.84
- Price spread: −0.158% → −0.025%
- −$13.35
- Slippage, 4 orders
- −$128.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$472.91
- Costs to cover
- 1.487%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 28 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 | 7.87 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 28 min ago | 11.78 bp | 37.1 bp −$37 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2720 | −0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2720 | −0.079% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2720 | −0.079% | $2.5M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2700 | −0.236% | $2K | $947K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2690 | −0.314% | $48K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perpshort | +0.0144% | 4h | 1.2710 | −0.158% | $31K | $429K | 10x | |
| Bitget RIVERUSDT | +0.0246% | 4h | 1.2720 | −0.079% | $3.0M | $1.9M | 20x | as long as short |
| Gate RIVER_USDT | +0.0312% | 4h | 1.2710 | −0.157% | $421K | $106K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0559% | 1h | 1.2740 | +0.078% | $56K | $61K | 10x | as long as short |
| MEXC RIVER_USDT | +0.0626% | 4h | 1.2730 | 0.000% | $3.6M | $1.4M | 50x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
Bitget RIVERUSDT
Gate RIVER_USDT
Kraken Futures PF_RIVERUSD
MEXC RIVER_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RIVER-USDT | +0.0627% | 4h | 1.2720 | −0.079% | $418K | $33K | 50x | as long as short |
| Binance RIVERUSDT | +0.0637% | 4h | 1.2737 | +0.059% | $6.1M | $10.2M | 50x | as long as short |
| Aster RIVERUSDT | +0.0638% | 4h | 1.2710 | −0.157% | $73K | $29K | 10x | as long as short |
| Variational Omni RIVER | +0.1171% | 4h | 1.2724 | −0.048% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1562% | 4h | 1.2730 | 0.000% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDTlong | +0.1624% | 4h | 1.2730 | long leg | $3.8M | $1.7M | 25x |
BloFin RIVER-USDT
Binance RIVERUSDT
Aster RIVERUSDT
Variational Omni RIVER
BingX RIVER-USDT