Funding you earn now, next payment 08:00 UTC−0.0436%/8h= −47.7% APRnext payment −$4.36 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Variational Omni0.000%89s7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now 0.000%, 7d avg +0.024%
=Together, before fees−0.006%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and GRVT is 0.024% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.024%). Swap the legs. The two prices were read 89 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 4 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 −$4.36 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 | Variational Omni BBX | 8.5700 | 0.0436 | pay 0.0436% / 8h | 3h 11m | $146K | $15K | — |
| Short | GRVT BBX_USDT_Perp | 8.5700 | 0 | get 0.0000% / 8h | 3h 11m | $448 | $141K | 10x |
Variational Omni BBX
GRVT BBX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Variational Omni. 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
- −$91.49
- Price spread: 0.000% → +0.024%
- −$2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$102.92
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; GRVT: live order book, 36 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 Variational Omni RFQ quote, 42 min ago | 7.16 bp | doesn't fit | 219.7 bp −$2,197 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 36 min ago | 5.82 bp | 103.4 bp −$103 | 164.6 bp −$1,646 | 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 | 8.5743 | +0.051% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perpshort | 0.0000% | 8h | 8.5700 | 0.000% | $448 | $141K | 10x | |
| SunX BBX-USDT | 0.0000% | 8h | 8.5700 | 0.000% | $995 | $672K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5800 | +0.117% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.5800 | +0.117% | $138K | $402K | 20x | as long as short |
| Variational Omni BBXlong | +0.0436% | 8h | 8.5700 | long leg | $146K | $15K | — | |
| Nado BBX-PERP | +0.0570% | 1h | 8.5725 | +0.029% | $60K | $13K | 3x | as long as short |
| Binance BBXUSDT | +0.0633% | 8h | 8.5780 | +0.093% | $1.2M | $2.0M | 20x | as long as short |
| Bybit BBXUSDT | +0.0950% | 8h | 8.5870 | +0.198% | $441K | $279K | 25x | as long as short |
Aster BBXUSDT
SunX BBX-USDT
HTX BBX-USDT
KuCoin BBXUSDTM
Nado BBX-PERP
Binance BBXUSDT
Bybit BBXUSDT