Funding you earn now, next payment 12:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h +0.048%
Price spread now: Bybit against GRVT+0.236%60s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bybit is 0.236% dearer against GRVT than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | GRVT HANMI_USDT_Perp | 174.47 | −0.0580 | get 0.0290% / 4h | 3h 50m | $108 | $137K | 10x |
| Short | Bybit HANMIUSDT | 174.88 | 0 | get 0.0000% / 8h | 7h 50m | $35K | $67K | 25x |
GRVT HANMI_USDT_Perp
Bybit HANMIUSDTFunding 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
- $121.8
- Price spread: +0.236% → 0.000%
- $23.59
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $125.39
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 42 min ago; Bybit: no order-book sample. 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 GRVT live order book, 42 min ago | 8.86 bp | 2440.9 bp −$2,441 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 | −0.2318% | 8h | 174.35 | −0.068% | $35K | $1.9M | 20x | as long as short |
| KuCoin HANMIUSDTM | −0.1134% | 4h | 174.27 | −0.114% | $10K | $540K | 20x | as long as short |
| GRVT HANMI_USDT_Perplong | −0.0580% | 4h | 174.47 | long leg | $108 | $137K | 10x | |
| Binance HANMIUSDT | −0.0496% | 4h | 174.35 | −0.068% | $94K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0366% | 8h | 174.80 | +0.190% | $18K | $210K | 20x | as long as short |
| Bybit HANMIUSDTshort | 0.0000% | 8h | 174.88 | +0.236% | $35K | $67K | 25x | |
| Gate HANMI_USDT | 0.0000% | 4h | 174.82 | +0.202% | $53K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 174.29 | −0.102% | $7K | $363K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0763% | 4h | 174.30 | −0.097% | $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