Funding you earn now, next payment 16:00 UTC+0.0588%/8h= +64.4% APRnext payment +$5.88 per $10,000 · paid last 24h +0.011%
Price spread now: GRVT against Bybit+0.150%80s7-day average −0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.150%, 7d avg −0.044%
=Together, before fees+0.172%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and GRVT is 0.194% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.044%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.221% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.88 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 GSUSDT | 954.40 | 0 | get 0.0000% / 8h | 7h 48m | $285K | $38K | 25x |
| Short | GRVT GS_USDT_Perp | 955.83 | 0.0588 | get 0.0588% / 8h | 7h 48m | $726 | $118K | 10x |
Bybit GSUSDT
GRVT GS_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
- $123.48
- Price spread: +0.150% → −0.044%
- $19.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $122.88
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: Bybit: live order book, 32 min ago; GRVT: live order book, 44 min ago. Net counts fees only.
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, 32 min ago | 15.69 bp | 56.0 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 44 min ago | 3.97 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
GS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDC | −0.0615% | 4h | 956.33 | +0.202% | $26K | $243K | 10x | as long as short |
| Binance GSUSDT | 0.0000% | 8h | 955.48 | +0.113% | $421K | $383K | 20x | as long as short |
| Bybit GSUSDTlong | 0.0000% | 8h | 954.40 | long leg | $285K | $38K | 25x | |
| QFEX GS-USD | 0.0000% | 1h | 954.19 | −0.022% | $1.1M | $2.8M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 955.40 | +0.105% | $226K | $9K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 955.78 | +0.145% | $344K | $47K | 20x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 957.03 | +0.276% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 967.67 | +1.390% | $11K | $39K | 12x | as long as short |
| GRVT GS_USDT_Perpshort | +0.0588% | 8h | 955.83 | +0.150% | $726 | $118K | 10x |
edgeX GSUSDC
Binance GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
HTX GS-USDT
Injective GS/USDC PERP