Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against GRVT+0.020%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.020%, 7d avg +0.001%
=Together, before fees−0.142%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAUT_USDT_Perp | 4,338.3 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $308 | $107K | 10x |
| Short | Bybit XAUTUSDT | 4,339.1 | 0.0100 | get 0.0050% / 4h | 3h 31m | $120.1M | $27.9M | 75x |
Funding 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
- $0
- Price spread: +0.020% → +0.001%
- $1.95
- Slippage, 4 orders
- −$4.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.82
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 21 min ago; Bybit: live order book, 3 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, 21 min ago | 1.59 bp | 7.2 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.12 bp | 5.9 bp −$6 | 7.7 bp −$77 | 15.3 bp −$1,533 | 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 | −0.0344% | 1h | 4,338.2 | −0.001% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,338.3 | +0.002% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,340.6 | +0.054% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0019% | 4h | 4,339.3 | +0.024% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.266% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.5 | −0.018% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0054% | 4h | 4,338.8 | +0.013% | $35.2M | $45.3M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,337.5 | −0.017% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,338.9 | +0.015% | $4.2M | $911K | 10x | as long as short |
| Bybit XAUTUSDTshort | +0.0100% | 4h | 4,339.1 | +0.020% | $120.1M | $27.9M | 75x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,338.9 | +0.015% | $391.8M | $271.1M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,339.8 | +0.036% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,339 | +0.016% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perplong | +0.0100% | 4h | 4,338.3 | long leg | $308 | $107K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,338.7 | +0.010% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339.3 | +0.024% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,345.8 | +0.174% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,337.8 | −0.011% | $1.8M | $227K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.1 | +0.043% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,338.7 | +0.010% | $2.3M | $1.6M | 75x | as long as short |
GRVT XAUT_USDT_Perp
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT