Funding you earn now, next payment 16:00 UTC−0.0606%/8h= −66.4% APRnext payment −$6.06 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against GRVT−0.066%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.716%−$72 · spread now −0.066%, 7d avg −0.019%
=Together, before fees−0.785%+ Points / potential airdropGRVT: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bybit is 0.046% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AAOI_USDT_Perp | 107.94 | 0.0606 | pay 0.0606% / 8h | 6h 58m | $416 | $111K | 10x |
| Short | Bybit AAOIUSDT | 107.87 | 0 | get 0.0000% / 8h | 6h 58m | $1.7M | $2.9M | 25x |
GRVT AAOI_USDT_Perp
Bybit AAOIUSDTFunding 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
- −$127.26
- Price spread: −0.066% → −0.019%
- −$4.64
- Slippage, 4 orders
- −$55.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$207.79
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 33 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, 33 min ago | 2.83 bp | 17.9 bp −$18 | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.78 bp | 28.6 bp −$29 | 106.7 bp −$1,067 | doesn't fit | doesn't fit |
AAOI on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.0936% | 8h | 107.91 | −0.028% | $3.2M | $4.2M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.59 | −0.323% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 107.87 | −0.066% | $1.7M | $2.9M | 25x | |
| Gate AAOI_USDT | 0.0000% | 8h | 107.93 | −0.010% | $3.7M | $12.6M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.78 | −0.149% | $115K | $157K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.86 | −0.075% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.00 | +0.055% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0005% | 1h | 107.87 | −0.066% | $1.1M | $1.8M | 10x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.90 | −0.037% | $14K | $229K | 10x | as long as short |
| Binance AAOIUSDT | +0.0031% | 8h | 107.89 | −0.045% | $14.6M | $48.3M | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Extended AAOI-USD
Binance AAOIUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0031% | 8h | 107.91 | −0.028% | $272K | $68K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.86 | −0.075% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.90 | −0.038% | $968 | $109K | 20x | as long as short |
| Paragon para:AAOI | +0.0087% | 1h | 107.75 | −0.179% | $225K | $720K | 10x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.86 | −0.075% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.73 | −0.195% | $443K | $286K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.85 | −0.080% | — | — | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0257% | 8h | 107.93 | −0.010% | $4.8M | $21.5M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0322% | 1h | 107.86 | −0.075% | $1.9M | $1.6M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0332% | 4h | 107.81 | −0.123% | $12K | $265K | 10x | as long as short |
| GRVT AAOI_USDT_Perplong | +0.0606% | 8h | 107.94 | long leg | $416 | $111K | 10x |
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Paragon para:AAOI
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC