Funding you earn now, next payment 16:00 UTC+0.0154%/8h= +16.9% APRnext payment +$1.54 per $10,000 · paid last 24h +0.013%
Price spread now: GRVT against Bybit+0.027%80s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as 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−$610.607% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.027%, 7d avg +0.028%
=Together, before fees+0.017%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SQQQUSDT | 34.790 | 0 | get 0.0000% / 8h | 7h 44m | $789K | $576K | 25x |
| Short | GRVT SQQQ_USDT_Perp | 34.799 | 0.0154 | get 0.0154% / 8h | 7h 44m | $4K | $112K | 10x |
Bybit SQQQUSDT
GRVT SQQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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
- $32.34
- Price spread: +0.027% → +0.028%
- −$0.14
- Slippage, 4 orders
- −$40.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$28.46
- Costs to cover
- 0.607%
- Break-even
- 13.2 days
Slippage from Bybit: live order book, 51 min ago; GRVT: live order book, 53 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 Bybit live order book, 51 min ago | 2.88 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 4.33 bp | 11.1 bp −$11 | 43.0 bp −$430 | doesn't fit | doesn't fit |
SQQQ on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDTlong | 0.0000% | 8h | 34.790 | long leg | $789K | $576K | 25x | |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.800 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | +0.144% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.810 | +0.057% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.800 | +0.029% | $126K | $916K | 10x | as long as short |
| GRVT SQQQ_USDT_Perpshort | +0.0154% | 8h | 34.799 | +0.027% | $4K | $112K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0156% | 8h | 34.820 | +0.086% | $902K | $2.1M | 20x | as long as short |
| Binance SQQQUSDT | +0.0302% | 8h | 34.827 | +0.105% | $7.3M | $18.1M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0304% | 8h | 34.820 | +0.086% | $1.7M | $296K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0304% | 8h | 34.790 | 0.000% | $87K | $7K | 20x | as long as short |
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT