Funding you earn now, next payment 16:00 UTC+0.0676%/8h= +74.0% APRnext payment +$6.76 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Bybit+0.099%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.099%, 7d avg −0.006%
=Together, before fees−0.074%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and GRVT is 0.105% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.76 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 | Bybit CSCOUSDT | 111.27 | 0 | get 0.0000% / 8h | 7h 51m | $409K | $31K | 25x |
| Short | GRVT CSCO_USDT_Perp | 111.38 | 0.0676 | get 0.0676% / 8h | 7h 51m | $472 | $164K | 10x |
Bybit CSCOUSDT
GRVT CSCO_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
- $141.96
- Price spread: +0.099% → −0.006%
- $10.49
- Slippage, 4 orders
- −$119.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $13.41
- Costs to cover
- 1.390%
- Break-even
- 6.3 days
Slippage from Bybit: live order book, 38 min ago; GRVT: live order book, 46 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, 38 min ago | 10.75 bp | 26.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 46 min ago | 2.24 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 CSCOUSDT | 0.0000% | 8h | 111.26 | −0.009% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.38 | +0.099% | $735K | $510K | 20x | as long as short |
| Bybit CSCOUSDTlong | 0.0000% | 8h | 111.27 | long leg | $409K | $31K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.28 | +0.009% | $269K | $162K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.33 | +0.054% | $304K | $9K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.36 | +0.081% | $320K | $85K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.48 | +0.186% | $36K | $44K | — | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.41 | +0.126% | $2K | $1.5M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.35 | +0.072% | $6K | $3K | 10x | as long as short |
| Phemex CSCOUSDT | 0.0000% | 8h | 111.56 | +0.261% | $1.3M | $40K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDT
Phemex CSCOUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.30 | +0.027% | $328K | $868K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.27 | −0.004% | $232K | $2K | 10x | as long as short |
| GRVT CSCO_USDT_Perpshort | +0.0676% | 8h | 111.38 | +0.099% | $472 | $164K | 10x |
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD