Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bybit+0.018%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.018%, 7d avg +0.029%
=Together, before fees+0.083%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 116.46 | 0 | get 0.0000% / 8h | 1m 16s | $2.2M | $600K | 25x |
| Short | GRVT BABA_USDT_Perp | 116.48 | 0.0135 | get 0.0135% / 8h | 1m 16s | $2K | $245K | 10x |
Bybit BABAUSDT
GRVT BABA_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
- $28.35
- Price spread: +0.018% → +0.029%
- −$1.12
- Slippage, 4 orders
- −$42.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$35.7
- Costs to cover
- 0.629%
- Break-even
- 15.8 days
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 11 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, 5 min ago | 2.58 bp | 21.1 bp −$21 | 120.0 bp −$1,200 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 11 min ago | 2.58 bp | 16.2 bp −$16 | 52.4 bp −$524 | doesn't fit | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 116.33 | −0.108% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 116.46 | long leg | $2.2M | $600K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.50 | +0.034% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.46 | 0.000% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.52 | +0.052% | $740 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.49 | +0.026% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.43 | −0.026% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.532% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.32 | −0.120% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.42 | −0.034% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.39 | −0.060% | $10K | $265K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.14 | −0.275% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.57 | +0.094% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.37 | −0.077% | $603K | $568K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.49 | +0.026% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0101% | 1h | 116.40 | −0.052% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0132% | 8h | 116.51 | +0.042% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perpshort | +0.0135% | 8h | 116.48 | +0.018% | $2K | $245K | 10x | |
| Binance BABAUSDT | +0.0204% | 8h | 116.53 | +0.060% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.51 | +0.041% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | +0.017% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.49 | +0.026% | $75K | $101K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Lighter BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD