Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.011%
Price spread now: GRVT against Bybit−0.032%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$980.985% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.032%, 7d avg +0.021%
=Together, before fees+0.402%+ Points / potential airdropGRVT: Active · farm board+$40 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: GRVT is 0.053% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEUSDT | 272.48 | 0.0009 | pay 0.0009% / 8h | 2h 55m | $2.0M | $1.1M | 25x |
| Short | GRVT BE_USDT_Perp | 272.39 | 0 | get 0.0000% / 8h | 2h 55m | $6K | $162K | 10x |
Bybit BEUSDT
GRVT BE_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
- −$1.88
- Price spread: −0.032% → +0.021%
- −$5.31
- Slippage, 4 orders
- −$78.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$105.65
- Costs to cover
- 0.985%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 52 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, 1 min ago | 3.48 bp | 17.0 bp −$17 | 136.2 bp −$1,362 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 52 min ago | 3.28 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
BE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 272.62 | +0.052% | $343K | $120K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.51 | +0.009% | $47K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 272.61 | +0.048% | $8.3M | $36.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.50 | +0.007% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.63 | +0.055% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 272.39 | −0.032% | $6K | $162K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 272.46 | −0.007% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.48 | 0.000% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDTlong | +0.0009% | 8h | 272.48 | long leg | $2.0M | $1.1M | 25x | |
| QFEX BE-USD | +0.0024% | 1h | 272.50 | +0.007% | $1.3M | $2.5M | 10x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BE | +0.0032% | 1h | 272.54 | +0.022% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.68 | +0.073% | $249K | $290K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0040% | 8h | 272.64 | +0.059% | $2.6M | $6.9M | 25x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.10 | −0.139% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.49 | +0.004% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.52 | +0.015% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 271.77 | −0.261% | $475K | $136K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.49 | +0.004% | $368K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.70 | +0.080% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.39 | −0.033% | $46K | $144K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0741% | 1h | 272.84 | +0.132% | $6K | $4K | 10x | as long as short |
Lighter BE
Lighter RH BE
OKX BE-USDT-SWAP
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL