Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.124%
Price spread now: Bybit against GRVT−0.264%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days−0.373%−$37 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.264%, 7d avg −0.066%
=Together, before fees−0.281%+ Points / potential airdropGRVT: Active · farm board−$28 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 0.198% cheaper against GRVT than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GLW_USDT_Perp | 157.90 | 0.0008 | pay 0.0008% / 8h | 2h 14m | $319 | $205K | 10x |
| Short | Bybit GLWUSDT | 157.48 | 0 | get 0.0000% / 8h | 2h 14m | $906K | $222K | 25x |
GRVT GLW_USDT_Perp
Bybit GLWUSDTFunding 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
- −$1.68
- Price spread: −0.264% → −0.066%
- −$19.79
- Slippage, 4 orders
- −$97.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$139.09
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 28 min ago; Bybit: live order book, 30 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, 28 min ago | 2.21 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 30 min ago | 3.79 bp | 33.6 bp −$34 | 187.7 bp −$1,877 | doesn't fit | doesn't fit |
GLW on 17 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 GLWUSDT | −0.1011% | 8h | 157.68 | −0.138% | $2.1M | $876K | 20x | as long as short |
| Gate GLW_USDT | −0.0175% | 8h | 157.58 | −0.201% | $2.2M | $4.3M | 50x | as long as short |
| Aster GLWUSDT | 0.0000% | 8h | 157.76 | −0.089% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 157.48 | −0.264% | $906K | $222K | 25x | |
| SunX GLW-USDT | 0.0000% | 8h | 157.25 | −0.410% | $1K | $1.7M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 157.99 | +0.059% | $16K | $16K | 20x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0008% | 8h | 157.90 | long leg | $319 | $205K | 10x | |
| QFEX GLW-USD | +0.0032% | 1h | 157.38 | −0.328% | $1.1M | $1.8M | 10x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 157.35 | −0.347% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 157.21 | −0.435% | $287K | $117K | 10x | as long as short |
Bitget GLWUSDT
Gate GLW_USDT
Aster GLWUSDT
SunX GLW-USDT
HTX GLW-USDT
QFEX GLW-USD
Vest GLW-USD-PERP
Ondo Perps GLW-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 157.34 | −0.354% | $306K | $41K | 10x | as long as short |
| Binance GLWUSDT | +0.0063% | 8h | 157.59 | −0.195% | $10.2M | $23.1M | 20x | as long as short |
| Extended GLW-USD | +0.0064% | 1h | 157.50 | −0.250% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0082% | 8h | 157.36 | −0.340% | $146K | $37K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0090% | 8h | 157.66 | −0.150% | $2.2M | $4.7M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 157.47 | −0.271% | $317K | $902K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 157.47 | −0.271% | $2K | $2K | 10x | as long as short |
Paragon para:GLW
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos