Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: GRVT against Bybit+0.553%50s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$430.432% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 3 days (all we have)−0.192%−$19 · spread now +0.553%, 7d avg +0.018%
=Together, before fees−0.089%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.535% dearer against Bybit than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 50 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 WLDUSDT | 0.4538 | 0.0085 | pay 0.0085% / 8h | 2h 44m | $65.5M | $79.6M | 50x |
| Short | GRVT WLD_USDT_Perp | 0.4563 | 0.0100 | get 0.0100% / 8h | 2h 44m | $618K | $1.9M | 10x |
Bybit WLDUSDT
GRVT WLD_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
- $3.11
- Price spread: +0.553% → +0.018%
- $53.49
- Slippage, 4 orders
- −$23.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $13.37
- Costs to cover
- 0.432%
- Break-even
- from the start
Slippage from Bybit: live order book, 4 min ago; GRVT: live order book, 4 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, 4 min ago | 1.10 bp | 11.0 bp −$11 | 24.9 bp −$249 | 128.6 bp −$12.9K | doesn't fit |
| Sell GRVT live order book, 4 min ago | 1.09 bp | 9.6 bp −$10 | 26.9 bp −$269 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0542% | 8h | 0.4554 | +0.353% | $34K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0042% | 8h | 0.4558 | +0.430% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4540 | +0.044% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4537 | −0.013% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4542 | +0.088% | $153K | $790K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4541 | +0.058% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4535 | −0.066% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0048% | 8h | 0.4538 | 0.000% | $34.1M | $137.1M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4561 | +0.511% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0060% | 1h | 0.4545 | +0.143% | $271K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDTlong | +0.0085% | 8h | 0.4538 | long leg | $65.5M | $79.6M | 50x | |
| MEXC WLD_USDT | +0.0099% | 8h | 0.4539 | +0.022% | $52.7M | $46.8M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4538 | 0.000% | $85.9M | $291.0M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4536 | −0.039% | $208K | $975K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4539 | +0.015% | $52K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4537 | −0.022% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4538 | 0.000% | $30.1M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4538 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4541 | +0.066% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4561 | +0.516% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perpshort | +0.0100% | 8h | 0.4563 | +0.553% | $618K | $1.9M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4560 | +0.485% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4544 | +0.126% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4545 | +0.154% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4540 | +0.044% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.022% | $854K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4541 | +0.066% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4537 | −0.033% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4542 | +0.088% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4537 | −0.014% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0184% | 1h | 0.4539 | +0.031% | $47.1M | $40.5M | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4539 | +0.024% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0219% | 8h | 0.4540 | +0.044% | $5.0M | $831K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.851% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4544 | +0.132% | $279K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0576% | 1h | 0.4543 | +0.115% | $325 | $77 | 5x | as long as short |
| Lighter WLD | +0.1040% | 1h | 0.4548 | +0.223% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1098% | 1h | 0.4544 | +0.124% | $921K | $2.6M | 50x | as long as short |
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD