Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRnext payment +$1.25 per $10,000 · paid last 24h −0.056%
Price spread now: Bybit against GRVT+0.019%70s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now +0.019%, 7d avg −0.007%
=Together, before fees+0.092%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.026% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CBRS_USDT_Perp | 209.21 | 0 | get 0.0000% / 8h | 6h 22m | $801 | $208K | 10x |
| Short | Bybit CBRSUSDT | 209.25 | 0.0125 | get 0.0125% / 8h | 6h 22m | $2.1M | $1.9M | 25x |
GRVT CBRS_USDT_Perp
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $26.24
- Price spread: +0.019% → −0.007%
- $2.61
- Slippage, 4 orders
- −$43.01
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.16
- Costs to cover
- 0.630%
- Break-even
- 16.1 days
Slippage from GRVT: live order book, 45 min ago; Bybit: live order book, 4 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 GRVT live order book, 45 min ago | 3.10 bp | 14.2 bp −$14 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.34 bp | 17.5 bp −$18 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
CBRS on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0155% | 1h | 208.94 | −0.129% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.368% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.36 | +0.071% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.28 | +0.033% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | +0.019% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perplong | 0.0000% | 8h | 209.21 | long leg | $801 | $208K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.35 | +0.067% | $1K | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.14 | −0.034% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.28 | +0.033% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.72 | −0.234% | — | $97K | 10x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.12 | −0.043% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.08 | −0.062% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.08 | −0.062% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.97 | −0.115% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.10 | −0.053% | $339K | $743K | 10x | as long as short |
| Gate CBRS_USDT | +0.0088% | 8h | 209.40 | +0.091% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.25 | +0.019% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.09 | −0.058% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.27 | +0.028% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.20 | −0.003% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0125% | 8h | 209.25 | +0.019% | $2.1M | $1.9M | 25x | |
| Variational Omni CBRS | +0.0334% | 8h | 209.21 | −0.002% | $422K | $156K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0360% | 1h | 209.14 | −0.032% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0360% | 8h | 209.29 | +0.038% | $10.3M | $29.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0578% | 4h | 209.08 | −0.061% | $24K | $219K | 10x | as long as short |
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC