Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against GRVT+0.230%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.230%, 7d avg −0.019%
=Together, before fees−0.318%+ Points / potential airdropGRVT: Active · farm board−$32 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: Bybit is 0.249% dearer against GRVT than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XLM_USDT_Perp | 0.2103 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $583K | $615K | 10x |
| Short | Bybit XLMUSDT | 0.2108 | 0.0100 | get 0.0100% / 8h | 2h 20m | $42.5M | $47.3M | 75x |
GRVT XLM_USDT_Perp
Bybit XLMUSDTFunding 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: +0.230% → −0.019%
- $24.86
- Slippage, 4 orders
- −$18.04
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$13.18
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 27 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, 27 min ago | 1.65 bp | 9.2 bp −$9 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.38 bp | 7.9 bp −$8 | 17.8 bp −$178 | 58.7 bp −$5,874 | doesn't fit |
XLM on 31 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 | 0.2106 | +0.165% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.057% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2109 | +0.282% | $353K | $993K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2107 | +0.213% | $558K | $630K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2109 | +0.316% | $54.0M | $161.7M | 75x | as long as short |
| Bybit XLMUSDTshort | +0.0100% | 8h | 0.2108 | +0.230% | $42.5M | $47.3M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2110 | +0.358% | $12.2M | $44.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2107 | +0.178% | $3.9M | $7.6M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2110 | +0.325% | $24.4M | $28.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2109 | +0.287% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2110 | +0.330% | $25.4M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2108 | +0.235% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2107 | +0.201% | $130K | $314K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2105 | +0.113% | $251K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2100 | −0.114% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perplong | +0.0100% | 8h | 0.2103 | long leg | $583K | $615K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2099 | −0.198% | $168K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2106 | +0.154% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2106 | +0.163% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2106 | +0.168% | $574 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2108 | +0.249% | $194K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2106 | +0.144% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2109 | +0.320% | $188K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0144% | 1h | 0.2106 | +0.149% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0154% | 1h | 0.2109 | +0.316% | $12.0M | $6.5M | 5x | as long as short |
| dYdX XLM-USD | +0.0197% | 1h | 0.2107 | +0.183% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2107 | +0.201% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2097 | −0.284% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2104 | +0.049% | $224K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0228% | 1h | 0.2106 | +0.158% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0985% | 1h | 0.2108 | +0.244% | $523K | $163K | 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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL