Funding you earn now, next payment 12:00 UTC−0.0472%/8h= −51.7% APRpaid last 24h −0.048%
Price spread now: GRVT against Bybit−0.235%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GRVT is 0.235% cheaper against Bybit than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 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 -0.268% in total (about -14.0% a year). A funding rate is set anew for every payment. 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 HANMIUSDT | 174.75 | 0 | get 0.0000% / 8h | 7h 38m | $35K | $67K | 25x |
| Short | GRVT HANMI_USDT_Perp | 174.34 | −0.0472 | pay 0.0236% / 4h | 3h 38m | $274 | $135K | 10x |
Bybit HANMIUSDT
GRVT HANMI_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
- −$99.12
- Price spread: −0.235% → 0.000%
- −$23.5
- 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
- −$142.62
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; GRVT: live order book, 54 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 no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 54 min ago | 8.86 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HANMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HANMIUSDT | −0.2201% | 8h | 174.28 | −0.269% | $35K | $1.9M | 20x | as long as short |
| KuCoin HANMIUSDTM | −0.1052% | 4h | 174.12 | −0.361% | $10K | $568K | 20x | as long as short |
| GRVT HANMI_USDT_Perpshort | −0.0472% | 4h | 174.34 | −0.235% | $274 | $135K | 10x | |
| Binance HANMIUSDT | −0.0411% | 4h | 174.47 | −0.160% | $95K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0330% | 8h | 174.80 | +0.029% | $18K | $210K | 20x | as long as short |
| Bybit HANMIUSDTlong | 0.0000% | 8h | 174.75 | long leg | $35K | $67K | 25x | |
| Gate HANMI_USDT | 0.0000% | 4h | 174.61 | −0.080% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 174.18 | −0.326% | $7K | $364K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0511% | 4h | 174.18 | −0.326% | $18K | $260K | 10x | as long as short |
Bitget HANMIUSDT
KuCoin HANMIUSDTM
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC