Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%
Price spread now: GRVT against Bybit+0.070%50s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.715% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now +0.070%, 7d avg +0.064%
=Together, before fees+0.446%+ Points / potential airdropGRVT: Active · farm board+$45 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBMUSDT | 232.12 | 0 | get 0.0000% / 8h | 7h 44m | $1.0M | $339K | 50x |
| Short | GRVT IBM_USDT_Perp | 232.28 | 0 | get 0.0000% / 8h | 7h 44m | $439 | $168K | 10x |
Funding 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: +0.070% → +0.064%
- $0.61
- Slippage, 4 orders
- −$51.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$70.84
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 48 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, 1 min ago | 3.45 bp | 16.4 bp −$16 | 85.0 bp −$850 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 48 min ago | 1.51 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 232.15 | +0.012% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.29 | +0.072% | $53K | $311K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.28 | +0.069% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDTlong | 0.0000% | 8h | 232.12 | long leg | $1.0M | $339K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.33 | +0.090% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.40 | +0.121% | $743K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.09 | −0.013% | $779K | $334K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.30 | +0.078% | $256K | $13K | — | as long as short |
| GRVT IBM_USDT_Perpshort | 0.0000% | 8h | 232.28 | +0.070% | $439 | $168K | 10x | |
| SunX IBM-USDT | 0.0000% | 8h | 232.20 | +0.034% | $766 | $456K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.20 | +0.034% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0028% | 8h | 232.37 | +0.108% | $47K | $60K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.23 | +0.047% | $38K | $45K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.385% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0036% | 1h | 232.29 | +0.073% | $1.2M | $2.1M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.31 | +0.082% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 232.13 | +0.004% | $1.8M | $802K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.17 | +0.022% | $195K | $69K | 20x | as long as short |
Bybit IBMUSDT
GRVT IBM_USDT_Perp
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM