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: GRVT against Bybit−0.347%90s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$440.443% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.954%+$95 · spread now −0.347%, 7d avg +0.020%
=Together, before fees+0.963%+ Points / potential airdropGRVT: Active · farm board+$96 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 0.367% cheaper against Bybit than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.020%. The two prices were read 90 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 XLMUSDT | 0.2132 | 0.0100 | pay 0.0100% / 8h | 6h 25m | $42.9M | $46.3M | 75x |
| Short | GRVT XLM_USDT_Perp | 0.2125 | 0.0100 | get 0.0100% / 8h | 6h 25m | $594K | $611K | 10x |
Bybit XLMUSDT
GRVT XLM_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: −0.347% → +0.020%
- −$36.69
- Slippage, 4 orders
- −$24.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$81
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 42 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 | 2.35 bp | 7.9 bp −$8 | 13.6 bp −$136 | 69.5 bp −$6,954 | doesn't fit |
| Sell GRVT live order book, 42 min ago | 5.31 bp | 12.6 bp −$13 | 25.3 bp −$253 | doesn't fit | doesn't fit |
XLM on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2132 | −0.012% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.342% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0055% | 1h | 0.2129 | −0.149% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.080% | $360K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | +0.077% | $54.1M | $155.0M | 75x | as long as short |
| Bybit XLMUSDTlong | +0.0100% | 8h | 0.2132 | long leg | $42.9M | $46.3M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | 0.000% | $12.7M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | +0.014% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | +0.075% | $23.7M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | +0.033% | $14.2M | $10.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2133 | +0.028% | $25.5M | $20.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2133 | +0.019% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2133 | +0.052% | $89K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | −0.007% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | −0.336% | $11K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perpshort | +0.0100% | 8h | 0.2125 | −0.347% | $594K | $611K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | −0.478% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.033% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.066% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | +0.042% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.014% | $197K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.005% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | −0.037% | $191K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0131% | 8h | 0.2132 | −0.023% | $570K | $631K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2127 | −0.249% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0232% | 1h | 0.2135 | +0.136% | $12.3M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0379% | 1h | 0.2133 | +0.046% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2130 | −0.098% | $232K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2132 | −0.014% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1016% | 1h | 0.2135 | +0.127% | $530K | $149K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL