Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Bybit+0.032%60s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as 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−$1311.308% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.032%, 7d avg +0.035%
=Together, before fees+0.090%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IRENUSDT | 47.060 | 0 | get 0.0000% / 8h | 2h 50m | $1.2M | $545K | 25x |
| Short | GRVT IREN_USDT_Perp | 47.075 | 0 | get 0.0000% / 8h | 2h 50m | $4K | $206K | 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: +0.032% → +0.035%
- −$0.35
- Slippage, 4 orders
- −$110.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$131.19
- Costs to cover
- 1.308%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 57 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 | 1.06 bp | 27.5 bp −$28 | 117.6 bp −$1,176 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 57 min ago | 3.16 bp | 40.0 bp −$40 | 76.7 bp −$767 | doesn't fit | doesn't fit |
IREN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0058% | 8h | 47.058 | −0.004% | $2.1M | $500K | 20x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 47.031 | −0.061% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.076 | +0.033% | $3.5M | $6.2M | 25x | as long as short |
| Bybit IRENUSDTlong | 0.0000% | 8h | 47.060 | long leg | $1.2M | $545K | 25x | |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.080 | +0.042% | $648K | $652K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.120 | +0.127% | $722K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.092 | +0.067% | $192K | $102K | — | as long as short |
| GRVT IREN_USDT_Perpshort | 0.0000% | 8h | 47.075 | +0.032% | $4K | $206K | 10x | |
| SunX IREN-USDT | 0.0000% | 8h | 47.060 | 0.000% | $998 | $355K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.050 | −0.021% | $9K | $833 | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0003% | 1h | 46.990 | −0.149% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0040% | 1h | 47.098 | +0.081% | $70K | $95K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.045 | −0.032% | $4K | $7K | 5x | as long as short |
| QFEX IREN-USD | +0.0043% | 1h | 47.080 | +0.042% | $1.2M | $1.5M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.020 | −0.085% | $605K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.070 | +0.021% | $739K | $237K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0333% | 1h | 47.058 | −0.004% | $3.1M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0340% | 1h | 47.041 | −0.040% | $87 | $31K | 10x | as long as short |
Bybit IRENUSDT
GRVT IREN_USDT_Perp
Bitget IRENUSDT
Aster IRENUSDT
Binance IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDT
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN