Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Bybit+0.089%100s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as 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−$230.228% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.089%, 7d avg −0.001%
=Together, before fees−0.005%+ Points / potential airdropGRVT: Active · farm board$0 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 0.089% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 100 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 XAUTUSDT | 4,359.7 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $121.0M | $27.8M | 75x |
| Short | GRVT XAUT_USDT_Perp | 4,363.6 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1K | $115K | 10x |
Bybit XAUTUSDT
GRVT XAUT_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: +0.089% → −0.001%
- $8.94
- Slippage, 4 orders
- −$2.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$13.87
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; GRVT: live order book, 32 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 | 0.12 bp | 5.7 bp −$6 | 6.8 bp −$68 | 13.8 bp −$1,379 | doesn't fit |
| Sell GRVT live order book, 32 min ago | 1.24 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0183% | 1h | 4,364.4 | +0.107% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0060% | 4h | 4,359.2 | −0.011% | $26.0M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,360.2 | +0.011% | $131.3M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.227% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,360.9 | +0.028% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0097% | 4h | 4,360.2 | +0.011% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,358.6 | −0.026% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,359.5 | −0.004% | $35.5M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDTlong | +0.0100% | 4h | 4,359.7 | long leg | $121.0M | $27.8M | 75x | |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,359.2 | −0.011% | $338.1M | $279.9M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDT
MEXC XAUT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,360.8 | +0.026% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,359.1 | −0.013% | — | $18.0M | — | as long as short |
| GRVT XAUT_USDT_Perpshort | +0.0100% | 4h | 4,363.6 | +0.089% | $1K | $115K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,358.9 | −0.018% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,360.9 | +0.027% | $1.9M | $240K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,363.9 | +0.095% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,357.3 | −0.056% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,358.2 | −0.035% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,362.1 | +0.056% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,360.8 | +0.025% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT