Funding you earn now, next payment 08:00 UTC+0.0346%/8h= +37.9% APRnext payment +$3.46 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against GRVT0.000%74s7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now 0.000%, 7d avg −0.023%
=Together, before fees+0.012%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Variational Omni is 0.023% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 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 BBX_USDT_Perp | 8.6300 | 0.0126 | pay 0.0126% / 8h | 4h 02m | $844 | $144K | 10x |
| Short | Variational Omni BBX | 8.6300 | 0.0472 | get 0.0472% / 8h | 4h 02m | $146K | $15K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $72.66
- Price spread: 0.000% → −0.023%
- $2.26
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $65.92
- Costs to cover
- 0.090%
- Break-even
- 0.6 days
Slippage unknown: GRVT: live order book, 50 min ago; Variational Omni: RFQ quote, 57 min ago. Net counts fees only.
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, 50 min ago | 5.81 bp | 68.4 bp −$68 | 134.1 bp −$1,341 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 7.19 bp | doesn't fit | 135.2 bp −$1,352 | doesn't fit | doesn't fit |
BBX on 9 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 BBXUSDT | 0.0000% | 8h | 8.6067 | −0.270% | $4K | $7K | 20x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.6200 | −0.116% | $1K | $740K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.6300 | 0.000% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.6400 | +0.116% | $139K | $411K | 20x | as long as short |
| GRVT BBX_USDT_Perplong | +0.0126% | 8h | 8.6300 | long leg | $844 | $144K | 10x | |
| Variational Omni BBXshort | +0.0472% | 8h | 8.6300 | 0.000% | $146K | $15K | — | |
| Binance BBXUSDT | +0.0785% | 8h | 8.6288 | −0.014% | $1.2M | $2.1M | 20x | as long as short |
| Nado BBX-PERP | +0.1127% | 1h | 8.5924 | −0.436% | $60K | $13K | 3x | as long as short |
| Bybit BBXUSDT | +0.1390% | 8h | 8.6320 | +0.023% | $442K | $364K | 25x | as long as short |
GRVT BBX_USDT_Perp
Variational Omni BBX
Aster BBXUSDT
SunX BBX-USDT
HTX BBX-USDT
KuCoin BBXUSDTM
Binance BBXUSDT
Bybit BBXUSDT