Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.080%
Price spread now: GRVT against Bitget+0.019%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.019%, 7d avg −0.006%
=Together, before fees+0.131%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.025% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CBRSUSDT | 209.47 | 0 | get 0.0000% / 8h | 3h 57m | $2.4M | $2.7M | 20x |
| Short | GRVT CBRS_USDT_Perp | 209.51 | 0.0014 | get 0.0014% / 8h | 3h 57m | $622 | $209K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $2.94
- Price spread: +0.019% → −0.006%
- $2.51
- Slippage, 4 orders
- −$39.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$54.59
- Costs to cover
- 0.600%
- Break-even
- 137.0 days
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 60 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 Bitget live order book, 5 min ago | 2.15 bp | 17.0 bp −$17 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 60 min ago | 1.67 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
CBRS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0543% | 4h | 209.41 | −0.027% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0388% | 1h | 209.23 | −0.115% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.40 | −0.032% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.60 | +0.062% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDTlong | 0.0000% | 8h | 209.47 | long leg | $2.4M | $2.7M | 20x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.65 | +0.086% | $390 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | +0.057% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perpshort | +0.0014% | 8h | 209.51 | +0.019% | $622 | $209K | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.29 | −0.086% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.36 | −0.053% | $90K | $826K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.52 | +0.024% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.34 | −0.062% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 209.44 | −0.014% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.47 | 0.000% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.57 | +0.048% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | +0.010% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.50 | +0.015% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.60 | +0.061% | $423K | $93K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0133% | 1h | 209.40 | −0.033% | $340K | $721K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0139% | 8h | 209.50 | +0.014% | $148K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 209.42 | −0.023% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0163% | 8h | 209.48 | +0.005% | $10.2M | $29.4M | 25x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.382% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0371% | 8h | 209.52 | +0.024% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0388% | 8h | 209.60 | +0.062% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0945% | 1h | 209.48 | +0.005% | $12K | $5K | 10x | as long as short |
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL