Funding you earn now, next payment 04:00 UTC−0.0522%/8h= −57.2% APRpaid last 24h −0.172%
Price spread now: Bybit against GRVT−0.088%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.088%, 7d avg +0.006%
=Together, before fees−0.143%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.094% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.8% a year). A funding rate is set anew for every payment. 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 SAMSUNG_USDT_Perp | 205.04 | 0 | get 0.0000% / 4h | 2h 21m | $25K | $155K | 10x |
| Short | Bybit SAMSUNGUSDT | 204.86 | −0.0522 | pay 0.0522% / 8h | 6h 21m | $7.5M | $15.8M | 100x |
GRVT SAMSUNG_USDT_Perp
Bybit SAMSUNGUSDTFunding 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
- −$109.69
- Price spread: −0.088% → +0.006%
- −$9.39
- Slippage, 4 orders
- −$14.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.1
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 45 min ago; Bybit: live order book, 2 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, 45 min ago | 0.24 bp | 7.6 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.49 bp | 9.6 bp −$10 | 16.5 bp −$165 | 138.9 bp −$13.9K | doesn't fit |
SAMSUNG on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SAMSUNGUSDC | −0.0798% | 4h | 204.99 | −0.023% | $252K | $401K | 10x | as long as short |
| tradeXYZ xyz:SMSN | −0.0547% | 1h | 204.74 | −0.146% | $42.8M | $47.0M | 10x | as long as short |
| Bybit SAMSUNGUSDTshort | −0.0522% | 8h | 204.86 | −0.088% | $7.5M | $15.8M | 100x | |
| Kraken Futures PF_SAMSUNGUSD | −0.0338% | 1h | 205.03 | −0.003% | $47K | $16K | 20x | as long as short |
| Aster SAMSUNGUSDT | 0.0000% | 4h | 205.05 | +0.005% | $104K | $149K | 50x | as long as short |
| Extended SAMSUNG-USD | 0.0000% | 1h | 204.91 | −0.064% | $193K | $83K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 204.95 | −0.044% | $23.3M | $151.0M | 25x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 204.80 | −0.117% | $6.0M | $23.1M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.01 | −0.015% | $8.6M | $23.3M | 75x | as long as short |
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 204.93 | −0.054% | $4.3M | $14.7M | 20x | as long as short |
edgeX SAMSUNGUSDC
tradeXYZ xyz:SMSN
Kraken Futures PF_SAMSUNGUSD
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDT
Bitget SAMSUNGUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SAMSUNG_USDT_Perplong | 0.0000% | 4h | 205.04 | long leg | $25K | $155K | 10x | |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.02 | −0.010% | $1K | $1.1M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 205.14 | +0.049% | $74K | $107K | 20x | as long as short |
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 204.97 | −0.034% | $2.7M | $1.3M | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0019% | 1h | 205.03 | −0.005% | $313K | $267K | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 204.86 | −0.088% | $45K | $78K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 204.98 | −0.029% | $3K | $3K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 204.88 | −0.076% | $83K | $55K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 205.02 | −0.010% | $561K | $113K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 204.93 | −0.054% | $5K | $140K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.09 | +0.024% | $3K | $488 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0368% | 1h | 205.06 | +0.010% | $32K | — | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | +0.1516% | 1h | 205.00 | −0.020% | $811 | $30K | 5x | as long as short |
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Phemex SAMSUNGUSDT
Ondo Perps SMSN-USD.P
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP
Aftermath Perps SAMSUNGUSD