Funding you earn now, next payment 00:00 UTC−0.0294%/8h= −32.2% APRnext payment −$2.94 per $10,000 · paid last 24h +0.017%
Price spread now: Bybit against GRVT+0.117%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.117%, 7d avg −0.025%
=Together, before fees−0.297%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.143% dearer against GRVT than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.025%): +$14 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.118% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.94 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 | GRVT QCOM_USDT_Perp | 195.77 | 0.0298 | pay 0.0298% / 8h | 5m 25s | $6K | $209K | 10x |
| Short | Bybit QCOMUSDT | 196.00 | 0.0004 | get 0.0004% / 8h | 5m 25s | $2.0M | $1.9M | 25x |
GRVT QCOM_USDT_Perp
Bybit QCOMUSDTFunding 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
- −$61.8
- Price spread: +0.117% → −0.025%
- $14.29
- Slippage, 4 orders
- −$68.93
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.44
- Costs to cover
- 0.889%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; Bybit: live order book, 1 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, 7 min ago | 1.53 bp | 12.4 bp −$12 | 836.7 bp −$8,367 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.79 bp | 40.9 bp −$41 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
QCOM on 21 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 QCOMUSDT | 0.0000% | 8h | 195.68 | −0.046% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.00 | +0.117% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.92 | +0.077% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.92 | +0.077% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.68 | −0.046% | $1K | $4.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.91 | +0.072% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.91 | +0.072% | $1.6M | $971K | 10x | as long as short |
| Bybit QCOMUSDTshort | +0.0004% | 8h | 196.00 | +0.117% | $2.0M | $1.9M | 25x | |
| Lighter QCOM | +0.0032% | 1h | 195.66 | −0.056% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0052% | 1h | 195.87 | +0.051% | $1.2M | $3.0M | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
QFEX QCOM-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps QCOM-USD | +0.0093% | 1h | 195.90 | +0.066% | $85K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.68 | −0.046% | $319K | $520K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.09 | +9.869% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0255% | 8h | 195.87 | +0.050% | $322K | $75K | — | as long as short |
| edgeX QCOMUSDC | +0.0259% | 4h | 195.80 | +0.014% | $82K | $267K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0294% | 8h | 195.76 | −0.005% | $126K | $50K | 20x | as long as short |
| Extended QCOM-USD | +0.0296% | 1h | 195.87 | +0.052% | $105K | $268K | 10x | as long as short |
| Binance QCOMUSDT | +0.0298% | 8h | 195.91 | +0.072% | $10.9M | $23.0M | 20x | as long as short |
| GRVT QCOM_USDT_Perplong | +0.0298% | 8h | 195.77 | long leg | $6K | $209K | 10x | |
| tradeXYZ xyz:QCOM | +0.0318% | 1h | 195.92 | +0.077% | $7.2M | $2.2M | 10x | as long as short |
| Phoenix QCOM | +0.0410% | 1h | 195.79 | +0.010% | $98K | $259K | 10x | as long as short |
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Variational Omni QCOM
edgeX QCOMUSDC
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
tradeXYZ xyz:QCOM
Phoenix QCOM