Funding you earn now, next payment 08:00 UTC+0.0372%/8h= +40.7% APRnext payment +$3.72 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Bybit−0.014%60s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as 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−$1981.979% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.014%, 7d avg −0.010%
=Together, before fees−0.080%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. The two prices were read 60 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 0.024% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.72 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 NOWUSDT | 137.98 | 0.0213 | pay 0.0213% / 8h | 5h 32m | $1.6M | $4.9M | 25x |
| Short | GRVT NOW_USDT_Perp | 137.96 | 0.0585 | get 0.0585% / 8h | 5h 32m | $200 | $151K | 10x |
Bybit NOWUSDT
GRVT NOW_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
- $78.11
- Price spread: −0.014% → −0.010%
- −$0.44
- Slippage, 4 orders
- −$177.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$120.26
- Costs to cover
- 1.979%
- Break-even
- 17.8 days
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 25 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 | 3.26 bp | 91.8 bp −$92 | 173.1 bp −$1,731 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 25 min ago | 2.90 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
NOW on 16 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 NOWUSDT | 0.0000% | 8h | 138.29 | +0.227% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.78 | −0.145% | $488K | $228K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.77 | −0.152% | $1.1M | $1.9M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.88 | −0.072% | $248K | $370K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.90 | −0.058% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.90 | −0.058% | $823 | $386K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.01 | +0.022% | $5K | $30K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.85 | −0.094% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.319% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.78 | −0.145% | — | — | 25x | as long as short |
Aster NOWUSDT
OKX NOW-USDT-SWAP
QFEX NOW-USD
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.78 | −0.145% | $318K | $645K | 20x | as long as short |
| Binance NOWUSDT | +0.0200% | 8h | 137.95 | −0.022% | $1.8M | $1.4M | 20x | as long as short |
| BloFin NOW-USDT | +0.0206% | 8h | 137.91 | −0.051% | $46K | $17K | 20x | as long as short |
| Bybit NOWUSDTlong | +0.0213% | 8h | 137.98 | long leg | $1.6M | $4.9M | 25x | |
| tradeXYZ xyz:NOW | +0.0415% | 1h | 137.79 | −0.138% | $2.1M | $229K | 10x | as long as short |
| GRVT NOW_USDT_Perpshort | +0.0585% | 8h | 137.96 | −0.014% | $200 | $151K | 10x |
KuCoin NOWUSDTM
Binance NOWUSDT
BloFin NOW-USDT
tradeXYZ xyz:NOW