Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.9460 | 0 | 0.0000% / 8h | 5h 44m | $250K | $71K | 25x | Long Bybit | |
| SHORT | 8.9292 | 0 | 0.0000% / 8h | 5h 44m | $3K | $103K | 10x | Short GRVT |
Price gap−0.187%52s
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.035% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$570.0000% /8h now · paid −0.568% over the last 7D
Price—spread −0.187%52s now · prices read too far apart to compare
Costs−$2322.325% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.187%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNOK on 18 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size82.5 / 15.7 bpAt $10k entering Bybit costs 82.5 bp, fee and slippage, 5.2× GRVT’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, $0.00; short GRVT: 3 payments, $0.00.
- Watch: Prices read 52 s apart−0.187% vs −0.152%Part of this gap may be the market moving.
- Watch: Short leg is thinner$3K vs $250K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · GRVT NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0270%/8h × 21 periods−$56.76
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$212.46
Fee Bybit bp × 2 orders−$11.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$289.22
price spread not counted: prices read too far apartCosts to cover2.325%Break-evennever at this rate
Slippage: Bybit: live order book, 39 min ago; GRVT: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit3.9282.5 bp−$83124.3 bp−$1,243doesn’t fitdoesn’t fit
SELL · SHORTGRVT11.2515.7 bp−$1696.2 bp−$962doesn’t fitdoesn’t fit
Closing costs about the same again.
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