Funding you earn now, next payment 00:00 UTC+0.0475%/8h= +52.0% APRnext payment +$4.75 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bybit−0.121%110s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$520.518% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)+0.316%+$32 · spread now −0.121%, 7d avg +0.036%
=Together, before fees+0.405%+ Points / potential airdropGRVT: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.156% cheaper against Bybit than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.036%). If the spread goes back, that is −$16 on $10k: about 26 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.088% in total) that is about 12 days. The two prices were read 110 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 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.75 per $10,000. 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 | Bybit LITEUSDT | 962.59 | 0 | get 0.0000% / 8h | 1m 40s | $1.9M | $1.8M | 25x |
| Short | GRVT LITE_USDT_Perp | 961.43 | 0.0475 | get 0.0475% / 8h | 1m 40s | $654 | $225K | 10x |
Bybit LITEUSDT
GRVT LITE_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
- $99.75
- Price spread: −0.121% → +0.036%
- −$15.62
- Slippage, 4 orders
- −$31.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $32.37
- Costs to cover
- 0.518%
- Break-even
- 4.7 days
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 11 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 | 3.17 bp | 14.6 bp −$15 | 88.7 bp −$887 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 11 min ago | 1.98 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0064% | 1h | 960.78 | −0.188% | $111K | $224K | 10x | as long as short |
| BloFin LITE-USDT | −0.0017% | 8h | 961.38 | −0.126% | $223K | $236K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 962.52 | −0.007% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 962.59 | long leg | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 962.46 | −0.014% | $3.8M | $18.1M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 963.02 | +0.045% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 961.97 | −0.064% | $2.8M | $3.0M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 961.30 | −0.134% | $768 | $4.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 961.77 | −0.085% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 962.05 | −0.056% | $7K | $31K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 962.40 | −0.020% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0033% | 1h | 961.51 | −0.112% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 961.05 | −0.160% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 961.92 | −0.070% | $30K | $490K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.73 | −0.193% | $174K | $162K | 10x | as long as short |
| Lighter LITE | +0.0064% | 1h | 962.29 | −0.031% | $27K | $102K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 961.58 | −0.105% | $518K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 961.92 | −0.070% | $935 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 962.28 | −0.032% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0134% | 1h | 961.61 | −0.102% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0288% | 8h | 961.01 | −0.164% | $241K | $142K | — | as long as short |
| ApeX Omni LITEUSDT | +0.0370% | 1h | 960.79 | −0.187% | $16K | $265K | 50x | as long as short |
| tradeXYZ xyz:LITE | +0.0393% | 1h | 962.63 | +0.004% | $7.2M | $5.1M | 10x | as long as short |
| Extended LITE-USD | +0.0416% | 1h | 962.21 | −0.039% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0421% | 8h | 962.40 | −0.020% | $13.8M | $45.1M | 25x | as long as short |
| GRVT LITE_USDT_Perpshort | +0.0475% | 8h | 961.43 | −0.121% | $654 | $225K | 10x | |
| edgeX LITEUSDC | +0.0741% | 4h | 961.14 | −0.150% | $71K | $460K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Lighter LITE
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC