Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.083%
Price spread now: Bybit against GRVT−0.074%80s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as 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−$510.513% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.074%, 7d avg −0.063%
=Together, before fees−0.315%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT IBM_USDT_Perp | 232.22 | 0 | get 0.0000% / 8h | 2h 16m | $385 | $162K | 10x |
| Short | Bybit IBMUSDT | 232.05 | 0 | get 0.0000% / 8h | 2h 16m | $983K | $340K | 50x |
Funding 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
- $0
- Price spread: −0.074% → −0.063%
- −$1.07
- Slippage, 4 orders
- −$31.26
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.32
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 27 min ago; Bybit: live order book, 29 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 GRVT live order book, 27 min ago | 1.94 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 29 min ago | 3.88 bp | 12.5 bp −$12 | 70.9 bp −$709 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0002% | 8h | 232.24 | +0.008% | $47K | $52K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 232.06 | −0.068% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.19 | −0.015% | $53K | $239K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.25 | +0.012% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDTshort | 0.0000% | 8h | 232.05 | −0.074% | $983K | $340K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.22 | −0.001% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.26 | +0.016% | $753K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.11 | −0.048% | $789K | $327K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.15 | −0.029% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perplong | 0.0000% | 8h | 232.22 | long leg | $385 | $162K | 10x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 232.03 | −0.083% | $852 | $474K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.26 | +0.016% | $6K | $33K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 232.19 | −0.014% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.93 | −0.126% | $38K | $48K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.423% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.03 | −0.083% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.96 | −0.113% | $1.8M | $808K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.09 | −0.057% | $195K | $39K | 20x | as long as short |
GRVT IBM_USDT_Perp
Bybit IBMUSDT
BloFin IBM-USDT
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
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM