Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: GRVT against Bybit−0.008%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.008%, 7d avg +0.013%
=Together, before fees+0.073%+ Points / potential airdropGRVT: Active · farm board+$7 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: GRVT is 0.021% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 122.92 | 0 | get 0.0000% / 8h | 22m 52s | $3.9M | $8.7M | 25x |
| Short | GRVT HOOD_USDT_Perp | 122.91 | 0 | get 0.0000% / 8h | 22m 52s | $868K | $2.0M | 10x |
Bybit HOODUSDT
GRVT HOOD_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
- $0
- Price spread: −0.008% → +0.013%
- −$2.1
- Slippage, 4 orders
- −$28.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$50.96
- Costs to cover
- 0.489%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 1 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 Bybit live order book, 5 min ago | 1.22 bp | 12.9 bp −$13 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.41 bp | 10.0 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
HOOD on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0036% | 1h | 122.77 | −0.122% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.90 | −0.016% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 122.92 | long leg | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.92 | 0.000% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.89 | −0.028% | $385K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.90 | −0.016% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.94 | +0.016% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.93 | +0.009% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perpshort | 0.0000% | 8h | 122.91 | −0.008% | $868K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 122.91 | −0.008% | $1.0M | $8K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | −0.024% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.89 | −0.028% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.065% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0012% | 8h | 122.91 | −0.005% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.91 | −0.008% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.91 | −0.010% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.85 | −0.057% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0044% | 1h | 122.82 | −0.081% | — | $63K | 25x | as long as short |
| BloFin HOOD-USDT | +0.0048% | 8h | 122.91 | −0.008% | $183K | $126K | 20x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.92 | −0.004% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.80 | −0.098% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0067% | 1h | 122.91 | −0.008% | $52.7M | $29.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0075% | 1h | 122.93 | +0.008% | $8K | $70K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.89 | −0.028% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.87 | −0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.85 | −0.057% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.89 | −0.024% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.90 | −0.013% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | +0.057% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 122.90 | −0.019% | $370K | $307K | 10x | as long as short |
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
Vest HOOD-USD-PERP
BloFin HOOD-USDT
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC