Funding you earn now, next payment 16:00 UTC+0.0834%/8h= +91.3% APRnext payment +$8.34 per $10,000 · paid last 24h +0.153%
Price spread now: GRVT against Bybit+0.403%70s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$409as 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−$4474.470% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.403%, 7d avg +0.063%
=Together, before fees+0.362%+ Points / potential airdropGRVT: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and GRVT is 0.340% dearer against Bybit than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.063%. The two prices were read 70 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 0.378% in total (about 19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.34 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 QNTXUSDT | 51.120 | 0.1141 | pay 0.1141% / 8h | 7h 38m | $446K | $726K | 25x |
| Short | GRVT QNTX_USDT_Perp | 51.326 | 0.1975 | get 0.1975% / 8h | 7h 38m | $762 | $146K | 10x |
Bybit QNTXUSDT
GRVT QNTX_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
- $175.17
- Price spread: +0.403% → +0.063%
- $34
- Slippage, 4 orders
- −$426.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$237.82
- Costs to cover
- 4.470%
- Break-even
- 16.5 days
Slippage from Bybit: live order book, 52 min ago; GRVT: live order book, 59 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, 52 min ago | 3.89 bp | 167.1 bp −$167 | 225.4 bp −$2,254 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 59 min ago | 5.84 bp | 56.1 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
QNTX on 9 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 QNTXUSDT | 0.0000% | 8h | 51.223 | +0.201% | $10K | $23K | 20x | as long as short |
| Gate QNTX_USDT | 0.0000% | 8h | 51.230 | +0.215% | $92K | $17K | 20x | as long as short |
| Variational Omni QNTX | 0.0000% | 8h | 51.177 | +0.111% | $59K | $6K | — | as long as short |
| SunX QNTX-USDT | 0.0000% | 8h | 51.180 | +0.117% | $1K | $459K | 10x | as long as short |
| HTX QNTX-USDT | 0.0000% | 8h | 51.220 | +0.196% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTM | +0.0100% | 8h | 51.120 | 0.000% | $86K | $72K | 20x | as long as short |
| Binance QNTXUSDT | +0.0332% | 8h | 51.154 | +0.067% | $814K | $938K | 10x | as long as short |
| Bybit QNTXUSDTlong | +0.1141% | 8h | 51.120 | long leg | $446K | $726K | 25x | |
| GRVT QNTX_USDT_Perpshort | +0.1975% | 8h | 51.326 | +0.403% | $762 | $146K | 10x |
Aster QNTXUSDT
Gate QNTX_USDT
Variational Omni QNTX
SunX QNTX-USDT
HTX QNTX-USDT
KuCoin QNTXUSDTM
Binance QNTXUSDT