Funding you earn now, next payment 16:00 UTC+0.1982%/8h= +217.0% APRnext payment +$19.82 per $10,000 · paid last 24h +0.147%
Price spread now: GRVT against Bybit+0.055%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2732.733% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.055%, 7d avg −0.055%
=Together, before fees+0.120%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and GRVT is 0.110% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.055%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.442% in total (about 23.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.82 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UVXYUSDT | 17.190 | 0.0047 | pay 0.0047% / 8h | 5h 51m | $1.1M | $176K | 25x |
| Short | GRVT UVXY_USDT_Perp | 17.199 | 0.2029 | get 0.2029% / 8h | 5h 51m | $6K | $145K | 10x |
Bybit UVXYUSDT
GRVT UVXY_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
- $416.21
- Price spread: +0.055% → −0.055%
- $10.97
- Slippage, 4 orders
- −$253.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $153.93
- Costs to cover
- 2.733%
- Break-even
- 4.4 days
Slippage from Bybit: live order book, 2 min ago; GRVT: live order book, 58 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, 2 min ago | 8.72 bp | 84.2 bp −$84 | 241.7 bp −$2,417 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 5.80 bp | 52.7 bp −$53 | 80.2 bp −$802 | doesn't fit | doesn't fit |
UVXY on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster UVXYUSDT | 0.0000% | 8h | 17.203 | +0.075% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.190 | 0.000% | $396K | $221K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.147 | −0.250% | $790K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.180 | −0.058% | $1K | $340K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.180 | −0.058% | $1.2M | $128K | 10x | as long as short |
| Bybit UVXYUSDTlong | +0.0047% | 8h | 17.190 | long leg | $1.1M | $176K | 25x | |
| HTX UVXY-USDT | +0.0207% | 8h | 17.190 | 0.000% | $11K | $3K | 10x | as long as short |
| KuCoin UVXYUSDTM | +0.1099% | 8h | 17.210 | +0.116% | $151K | $958K | 20x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1211% | 8h | 17.170 | −0.116% | $397K | $374K | 20x | as long as short |
| Variational Omni UVXY | +0.1544% | 8h | 17.181 | −0.055% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
HTX UVXY-USDT
KuCoin UVXYUSDTM
OKX UVXY-USDT-SWAP
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UVXY-USDT | +0.1598% | 8h | 17.190 | 0.000% | $63K | $4K | 20x | as long as short |
| MEXC UVXY_USDT | +0.1621% | 8h | 17.170 | −0.116% | $881K | $84K | 20x | as long as short |
| Binance UVXYUSDT | +0.1622% | 8h | 17.180 | −0.058% | $2.1M | $1.7M | 20x | as long as short |
| GRVT UVXY_USDT_Perpshort | +0.2029% | 8h | 17.199 | +0.055% | $6K | $145K | 10x |
BloFin UVXY-USDT
MEXC UVXY_USDT
Binance UVXYUSDT