Funding you earn now, next payment 12:00 UTC+0.3340%/8h= +365.7% APRpaid last 24h −0.021%
Price spread now: Bybit against GRVT−0.170%70s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$280.275% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.170%, 7d avg −0.019%
=Together, before fees−0.367%+ Points / potential airdropGRVT: Active · farm board−$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.151% cheaper against GRVT than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.019%). If the spread goes back, that is −$15 on $10k: about 4 hours of funding at the current rate (+$100 a day). Mind the row above: over the last 7 days funding on this pair cost −0.347%, so the current rate has only just turned in your favour. 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 -0.347% in total (about -18.1% 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 SKHYNIX_USDT_Perp | 1,334.9 | −0.3966 | get 0.1983% / 4h | 3h 32m | $97K | $226K | 10x |
| Short | Bybit SKHYNIXUSDT | 1,332.6 | −0.0626 | pay 0.0626% / 8h | 7h 32m | $18.5M | $31.1M | 100x |
GRVT SKHYNIX_USDT_Perp
Bybit SKHYNIXUSDTFunding 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
- $701.36
- Price spread: −0.170% → −0.019%
- −$15.06
- Slippage, 4 orders
- −$7.53
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $658.78
- Costs to cover
- 0.275%
- Break-even
- 0.4 days
Slippage from GRVT: live order book, 65 min ago; Bybit: live order book, 1 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, 65 min ago | 0.63 bp | 6.7 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.45 bp | 8.1 bp −$8 | 15.1 bp −$151 | 44.6 bp −$4,456 | doesn't fit |
SKHYNIX 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perplong | −0.3966% | 4h | 1,334.9 | long leg | $97K | $226K | 10x | |
| HTX SKHYNIX-USDT | −0.3140% | 4h | 1,334.2 | −0.051% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.247% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0863% | 4h | 1,334.6 | −0.022% | $962 | $448K | 10x | as long as short |
| Bybit SKHYNIXUSDTshort | −0.0626% | 8h | 1,332.6 | −0.170% | $18.5M | $31.1M | 100x | |
| KuCoin SKHYNIXUSDTM | −0.0622% | 4h | 1,332.3 | −0.192% | $5.1M | $8.3M | 20x | as long as short |
| edgeX SKHYNIXUSDC | −0.0601% | 4h | 1,335.2 | +0.021% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0567% | 4h | 1,334.1 | −0.062% | $2.5M | $4.0M | 50x | as long as short |
| Binance SKHYNIXUSDT | −0.0562% | 4h | 1,331.7 | −0.244% | $323.6M | $979.7M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0520% | 1h | 1,332 | −0.219% | $2.3M | $85K | 10x | as long as short |
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0331% | 4h | 1,340.1 | +0.391% | $18.2M | $26.3M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0260% | 4h | 1,331.6 | −0.248% | $21.4M | $36.1M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0195% | 1h | 1,332.9 | −0.153% | $678 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,332.2 | −0.206% | $138.0M | $75.5M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,333.5 | −0.102% | $1.1M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,330.9 | −0.300% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0099% | 8h | 1,333.2 | −0.129% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,331.4 | −0.262% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,331.7 | −0.240% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0328% | 8h | 1,331 | −0.293% | $51.3M | $132.4M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0374% | 1h | 1,333.7 | −0.092% | $389 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0688% | 1h | 1,330.9 | −0.300% | $296.0M | $279.2M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0900% | 1h | 1,331 | −0.293% | $13K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD