Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against GRVT−0.094%90s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as 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−$1671.672% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.094%, 7d avg +0.011%
=Together, before fees−0.077%+ Points / potential airdropGRVT: Active · farm board−$8 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: Bybit is 0.105% cheaper against GRVT than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 90 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 CSCO_USDT_Perp | 111.66 | 0 | get 0.0000% / 8h | 5h 38m | $834 | $198K | 10x |
| Short | Bybit CSCOUSDT | 111.55 | 0 | get 0.0000% / 8h | 5h 38m | $417K | $58K | 25x |
Funding 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
- $0
- Price spread: −0.094% → +0.011%
- −$10.51
- Slippage, 4 orders
- −$147.17
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$177.68
- Costs to cover
- 1.672%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 24 min ago; Bybit: live order book, 17 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, 24 min ago | 4.48 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 10.31 bp | 43.9 bp −$44 | 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 | 111.55 | −0.094% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.69 | +0.027% | $734K | $446K | 20x | as long as short |
| Bybit CSCOUSDTshort | 0.0000% | 8h | 111.55 | −0.094% | $417K | $58K | 25x | |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.60 | −0.049% | $283K | $151K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.55 | −0.094% | $303K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.63 | −0.022% | $337K | $71K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.65 | −0.006% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perplong | 0.0000% | 8h | 111.66 | long leg | $834 | $198K | 10x | |
| SunX CSCO-USDT | 0.0000% | 8h | 111.69 | +0.031% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.76 | +0.094% | $6K | $3K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | 0.0000% | 8h | 111.75 | +0.085% | $1.3M | $35K | 10x | as long as short |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.47 | −0.166% | $327K | $662K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.30 | −0.318% | $232K | $2K | 10x | as long as short |
GRVT CSCO_USDT_Perp
Bybit CSCOUSDT
Aster CSCOUSDT
Binance CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDT
Phemex CSCOUSDT
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD