Funding you earn now, next payment 08:00 UTC−0.0557%/8h= −61.0% APRnext payment −$5.57 per $10,000 · paid last 24h −0.122%
Price spread now: Bybit against GRVT−0.825%70s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$345as 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−$3123.125% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.825%, 7d avg −0.065%
=Together, before fees+0.052%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.759% cheaper against GRVT than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of −0.065%). Swap the legs. 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 -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.57 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 QNTX_USDT_Perp | 51.797 | 0.0613 | pay 0.0613% / 8h | 40m 22s | $883 | $149K | 10x |
| Short | Bybit QNTXUSDT | 51.370 | 0.0056 | get 0.0056% / 8h | 40m 22s | $452K | $729K | 25x |
GRVT QNTX_USDT_Perp
Bybit QNTXUSDTFunding 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
- −$116.92
- Price spread: −0.825% → −0.065%
- −$75.93
- Slippage, 4 orders
- −$292.46
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$505.31
- Costs to cover
- 3.125%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 62 min ago; Bybit: live order book, 55 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, 62 min ago | 8.76 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 55 min ago | 3.89 bp | 92.4 bp −$92 | 210.4 bp −$2,104 | 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 | 51.456 | −0.659% | $10K | $23K | 20x | as long as short |
| Gate QNTX_USDT | 0.0000% | 8h | 51.530 | −0.516% | $92K | $17K | 20x | as long as short |
| SunX QNTX-USDT | 0.0000% | 8h | 51.410 | −0.748% | $1K | $461K | 10x | as long as short |
| HTX QNTX-USDT | 0.0000% | 8h | 51.580 | −0.419% | $7K | $4K | 10x | as long as short |
| Bybit QNTXUSDTshort | +0.0056% | 8h | 51.370 | −0.825% | $452K | $729K | 25x | |
| Variational Omni QNTX | +0.0163% | 8h | 51.415 | −0.738% | $58K | $7K | — | as long as short |
| KuCoin QNTXUSDTM | +0.0252% | 8h | 51.390 | −0.786% | $86K | $31K | 20x | as long as short |
| Binance QNTXUSDT | +0.0526% | 8h | 51.425 | −0.718% | $813K | $938K | 10x | as long as short |
| GRVT QNTX_USDT_Perplong | +0.0613% | 8h | 51.797 | long leg | $883 | $149K | 10x |
Aster QNTXUSDT
Gate QNTX_USDT
SunX QNTX-USDT
HTX QNTX-USDT
Variational Omni QNTX
KuCoin QNTXUSDTM
Binance QNTXUSDT