Funding you earn now, next payment 08:00 UTC+0.0304%/8h= +33.3% APRnext payment +$3.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against GRVT−0.048%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
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)−0.629%−$63 · spread now −0.048%, 7d avg −0.013%
=Together, before fees−0.610%+ Points / potential airdropGRVT: Active · farm board−$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.035% cheaper against GRVT than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.020% in total) that is about 13 days.
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 +$3.04 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 SKHY_USDT_Perp | 192.90 | 0 | get 0.0000% / 8h | 6h 21m | $22K | $193K | 10x |
| Short | Bitget SKHYUSDT | 192.81 | 0.0304 | get 0.0304% / 8h | 6h 21m | $25.6M | $26.3M | 20x |
GRVT SKHY_USDT_Perp
Bitget SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $63.84
- Price spread: −0.048% → −0.013%
- −$3.55
- Slippage, 4 orders
- −$12.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $26.91
- Costs to cover
- 0.334%
- Break-even
- 4.0 days
Slippage from GRVT: live order book, 46 min ago; Bitget: 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, 46 min ago | 3.36 bp | 7.9 bp −$8 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.26 bp | 8.4 bp −$8 | 14.2 bp −$142 | 27.5 bp −$2,745 | 41.3 bp −$20.6K |
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 | −0.009% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | −0.002% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.61 | −0.153% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.53 | −0.196% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.54 | −0.188% | $209.1M | $385.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.56 | −0.178% | $15.6M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.56 | −0.178% | $46.7M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.52 | −0.199% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.10 | +0.104% | $1.6M | $2.0M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 192.90 | long leg | $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 | 193.17 | +0.138% | $707 | $6.5M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.84 | −0.033% | $48K | $271K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.70 | −0.105% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.77 | −0.069% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.50 | −0.209% | $1.2M | $4.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0022% | 1h | 192.55 | −0.182% | $42K | $21K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.41 | −0.256% | $1.0M | $687K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.43 | −0.245% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.85 | −0.028% | $57K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.60 | −0.157% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.54 | −0.188% | $198K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.52 | −0.199% | $162.1M | $66.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.80 | −0.054% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.80 | −0.054% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.85 | −0.028% | $532K | $1.9M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.66 | −0.126% | $1.1M | $283K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.87 | −0.017% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDTshort | +0.0304% | 8h | 192.81 | −0.048% | $25.6M | $26.3M | 20x | |
| Phoenix SKHY | +0.0331% | 1h | 193.12 | +0.112% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0706% | 1h | 192.91 | +0.004% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
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