Funding you earn now, next payment 08:00 UTC−0.0213%/8h= −23.3% APRnext payment −$2.13 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against GRVT+0.018%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now +0.018%, 7d avg −0.023%
=Together, before fees−0.076%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.041% dearer against GRVT than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.061% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.13 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 | GRVT SOL_USDT_Perp | 116.59 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $47.7M | $30.2M | 20x |
| Short | Bybit SOLUSDT | 116.61 | −0.0113 | pay 0.0113% / 8h | 1h 09m | $739.3M | $1.44B | 100x |
GRVT SOL_USDT_Perp
Bybit SOLUSDTFunding 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
- −$44.71
- Price spread: +0.018% → −0.023%
- $4.12
- Slippage, 4 orders
- −$1.99
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 0.43 bp | 4.9 bp −$5 | 5.3 bp −$53 | 10.4 bp −$1,035 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.43 bp | 5.9 bp −$6 | 6.5 bp −$65 | 10.9 bp −$1,086 | 24.7 bp −$12.3K |
SOL on 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0200% | 1h | 116.61 | +0.018% | $97K | $678K | 20x | as long as short |
| Bybit SOLUSDTshort | −0.0113% | 8h | 116.61 | +0.018% | $739.3M | $1.44B | 100x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.58 | −0.011% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.64 | +0.041% | $32.3M | $106.2M | 100x | as long as short |
| Vest SOL-PERP | −0.0046% | 1h | 116.59 | −0.002% | — | $634K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.62 | +0.023% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.65 | +0.053% | $1.5M | $19.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.66 | +0.057% | $106K | $3.5M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0017% | 1h | 116.62 | +0.027% | $4.3M | $23.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0038% | 8h | 116.61 | +0.021% | $480.7M | $459.4M | 100x | as long as short |
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
dYdX SOL-USD
Bitget SOLUSDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.67 | +0.070% | $99K | $178K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.63 | +0.036% | $8.0M | $402.7M | 50x | as long as short |
| Lighter RH SOL | +0.0056% | 1h | 116.59 | +0.005% | $2.2M | $16.9M | 25x | as long as short |
| Aster SOLUSDT | +0.0076% | 8h | 116.55 | −0.033% | $176.4M | $169.6M | 100x | as long as short |
| SoDEX SOL-USD | +0.0080% | 1h | 116.62 | +0.027% | $6.1M | $11.0M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0084% | 8h | 116.61 | +0.023% | $1.0M | $5.9M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0092% | 8h | 116.55 | −0.034% | $1.0M | $554K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.62 | +0.024% | $13.1M | $61.1M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.62 | +0.027% | $351K | $252K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.57 | −0.016% | $66K | $910K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.56 | −0.020% | $5.5M | $41.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.71 | +0.104% | $699.0M | $407.0M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.63 | +0.034% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.62 | +0.027% | $966.7M | $3.87B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.63 | +0.035% | $367.2M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.62 | +0.027% | $216K | $837K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.60 | +0.006% | $899K | $8.7M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | −0.033% | $125.4M | $26.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.60 | +0.010% | $850.0M | $675.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.59 | +0.001% | $369.1M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.62 | +0.028% | $133.0M | $233.3M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.59 | +0.005% | — | $373.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.61 | +0.018% | $23.1M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.52 | −0.056% | $25.1M | $111.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.56 | −0.028% | $93.6M | $408.3M | 75x | as long as short |
| GRVT SOL_USDT_Perplong | +0.0100% | 8h | 116.59 | long leg | $47.7M | $30.2M | 20x | |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.59 | +0.001% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.63 | +0.035% | $1.3M | $11.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.61 | +0.018% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.64 | +0.041% | $242K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.65 | +0.050% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.62 | +0.026% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.59 | +0.005% | $225.8M | $50.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.59 | +0.001% | $45.4M | $104.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.58 | −0.006% | $8.0M | $38.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0113% | 1h | 116.70 | +0.096% | $26.4M | $21.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.60 | +0.011% | — | $233.7M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.69 | +0.087% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.72 | +0.113% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0195% | 1h | 116.59 | +0.002% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.58 | −0.007% | $52.1M | $66.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.61 | +0.018% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.67 | +0.067% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0493% | 1h | 116.69 | +0.083% | $25K | $57K | 20x | as long as short |
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Lighter RH SOL
Aster SOLUSDT
SoDEX SOL-USD
Orderly PERP_SOL_USDC
Paradex SOL-USD-PERP
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD