Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Bybit−0.031%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now −0.031%, 7d avg −0.005%
=Together, before fees−0.249%+ Points / potential airdropGRVT: Active · farm board−$25 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 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 196.02 | 0 | get 0.0000% / 8h | 2h 35m | $4.7M | $6.2M | 50x |
| Short | GRVT COIN_USDT_Perp | 195.96 | 0 | get 0.0000% / 8h | 2h 35m | $23K | $2.5M | 10x |
Bybit COINUSDT
GRVT COIN_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
- $0
- Price spread: −0.031% → −0.005%
- −$2.53
- Slippage, 4 orders
- −$25.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$47.69
- Costs to cover
- 0.452%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; GRVT: live order book, 3 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, 7 min ago | 1.27 bp | 11.8 bp −$12 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.53 bp | 10.8 bp −$11 | 24.0 bp −$240 | doesn't fit | doesn't fit |
COIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0764% | 8h | 196.19 | +0.087% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.55 | −0.240% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0169% | 8h | 196.07 | +0.026% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0114% | 1h | 195.28 | −0.378% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.87 | −0.075% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.00 | −0.010% | $114K | $852K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.05 | +0.015% | $14.7M | $81.0M | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 196.02 | long leg | $4.7M | $6.2M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.09 | +0.036% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.92 | −0.049% | $711K | $962K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 195.96 | −0.031% | $23K | $2.5M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 195.96 | −0.031% | $455K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 195.95 | −0.036% | $1.3M | $3.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.95 | −0.036% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.86 | −0.082% | $15.2M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.88 | −0.071% | $133K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.89 | −0.066% | $71 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.88 | −0.071% | $386K | $2.8M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 195.82 | −0.102% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.89 | −0.066% | $987K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.87 | −0.077% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.89 | −0.066% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.93 | −0.048% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.04 | +0.010% | $188K | $409K | 20x | as long as short |
| Lighter COIN | +0.0128% | 1h | 195.99 | −0.015% | $388K | $2.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0717% | 4h | 195.84 | −0.092% | $51K | $295K | 10x | as long as short |
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
edgeX COINUSDC