Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRnext payment −$2.94 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bitget+0.173%63s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$330.334% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.505%+$50 · spread now +0.173%, 7d avg +0.013%
=Together, before fees+0.485%+ Points / potential airdropGRVT: Active · farm board+$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.160% dearer against Bitget than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.013%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 7 days (−0.020% in total) that is about 58 days. The two prices were read 63 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 -0.020% in total (about -1.0% 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 | Bitget SKHYUSDT | 192.57 | 0.0294 | pay 0.0294% / 8h | 6h 20m | $25.5M | $26.3M | 20x |
| Short | GRVT SKHY_USDT_Perp | 192.90 | 0 | get 0.0000% / 8h | 6h 20m | $22K | $193K | 10x |
Bitget SKHYUSDT
GRVT SKHY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- −$61.74
- Price spread: +0.173% → +0.013%
- $16.02
- Slippage, 4 orders
- −$12.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$79.1
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 47 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 Bitget live order book, 3 min ago | 0.26 bp | 9.2 bp −$9 | 18.9 bp −$189 | 34.7 bp −$3,474 | 51.1 bp −$25.6K |
| Sell GRVT live order book, 47 min ago | 3.36 bp | 7.9 bp −$8 | 12.7 bp −$127 | doesn't fit | doesn't fit |
SKHY on 30 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 SKHYUSDC | −0.0714% | 4h | 192.89 | +0.164% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.171% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.48 | −0.044% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.45 | −0.063% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.50 | −0.034% | $209.1M | $386.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.53 | −0.021% | $15.6M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.50 | −0.036% | $46.6M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.44 | −0.068% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.52 | −0.026% | $1.6M | $2.0M | — | as long as short |
| GRVT SKHY_USDT_Perpshort | 0.0000% | 8h | 192.90 | +0.173% | $22K | $193K | 10x |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHYShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.81 | +0.125% | $706 | $6.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.49 | −0.042% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.48 | −0.047% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.46 | −0.057% | $1.2M | $4.5M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0010% | 1h | 192.55 | −0.010% | $48K | $271K | 10x | as long as short |
| Nado SKHY-PERP | +0.0025% | 1h | 192.51 | −0.030% | $38K | $26K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.37 | −0.104% | $1.0M | $687K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.38 | −0.099% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.72 | +0.078% | $57K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.54 | −0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.48 | −0.047% | $198K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.41 | −0.083% | $162.0M | $66.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.40 | −0.088% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.53 | −0.021% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.85 | +0.145% | $532K | $1.9M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.51 | −0.031% | $1.1M | $283K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.50 | −0.036% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDTlong | +0.0294% | 8h | 192.57 | long leg | $25.5M | $26.3M | 20x | |
| Phoenix SKHY | +0.0331% | 1h | 193.12 | +0.286% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 192.63 | +0.029% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD