Funding you earn now, next payment 16:00 UTC+0.1575%/8h= +172.5% APRnext payment +$15.75 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against GRVT+0.154%70s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as 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−$1211.212% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.154%, 7d avg +0.048%
=Together, before fees−0.385%+ Points / potential airdropGRVT: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Bybit is 0.106% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.288%, 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 -0.288% in total (about -15.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.75 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 STXX_USDT_Perp | 859.74 | −0.2239 | get 0.2239% / 8h | 7h 38m | $671 | $129K | 10x |
| Short | Bybit STXXUSDT | 861.06 | −0.0664 | pay 0.0664% / 8h | 7h 38m | $250K | $159K | 25x |
GRVT STXX_USDT_Perp
Bybit STXXUSDTFunding 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
- $330.85
- Price spread: +0.154% → +0.048%
- $10.58
- Slippage, 4 orders
- −$101.25
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $220.19
- Costs to cover
- 1.212%
- Break-even
- 2.3 days
Slippage from GRVT: live order book, 59 min ago; Bybit: live order book, 17 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, 59 min ago | 3.06 bp | 11.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 15.84 bp | 41.0 bp −$41 | 235.3 bp −$2,353 | doesn't fit | doesn't fit |
STXX on 9 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 STXX_USDT_Perplong | −0.2239% | 8h | 859.74 | long leg | $671 | $129K | 10x | |
| Bybit STXXUSDTshort | −0.0664% | 8h | 861.06 | +0.154% | $250K | $159K | 25x | |
| Variational Omni STXX | −0.0182% | 8h | 860.20 | +0.053% | $115K | $411 | — | as long as short |
| Binance STXXUSDT | −0.0180% | 8h | 859.93 | +0.022% | $1.3M | $3.8M | 20x | as long as short |
| Extended STXX-USD | −0.0176% | 1h | 859.70 | −0.004% | $45K | $244K | 10x | as long as short |
| BloFin STXX-USDT | −0.0151% | 8h | 860.16 | +0.049% | $26K | $76K | 20x | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 860.74 | +0.116% | $18K | $30K | 20x | as long as short |
| KuCoin STXXUSDTM | +0.0100% | 8h | 859.77 | +0.003% | $102K | $132K | 20x | as long as short |
| HTX STXX-USDT | +0.0100% | 8h | 860.46 | +0.084% | $10K | $35K | 10x | as long as short |
Variational Omni STXX
Binance STXXUSDT
Extended STXX-USD
BloFin STXX-USDT
Aster STXXUSDT
KuCoin STXXUSDTM
HTX STXX-USDT