Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.006%
Price spread now: GRVT against Bybit+0.099%80s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$800.799% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.099%, 7d avg −0.012%
=Together, before fees−0.068%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.111% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.012%. 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 WDCUSDT | 444.10 | 0 | get 0.0000% / 8h | 1h 58m | $1.9M | $889K | 25x |
| Short | GRVT WDC_USDT_Perp | 444.54 | 0.0026 | get 0.0026% / 8h | 1h 58m | $520 | $150K | 10x |
Bybit WDCUSDT
GRVT WDC_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
- $5.46
- Price spread: +0.099% → −0.012%
- $11.12
- Slippage, 4 orders
- −$59.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$63.27
- Costs to cover
- 0.799%
- Break-even
- 88.1 days
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 45 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, 3 min ago | 1.80 bp | 32.0 bp −$32 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 45 min ago | 3.04 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0398% | 8h | 444.24 | +0.032% | $1.1M | $1.1M | 20x | as long as short |
| edgeX WDCUSDC | −0.0114% | 4h | 444.42 | +0.073% | $49K | $231K | 10x | as long as short |
| BloFin WDC-USDT | −0.0004% | 8h | 444.06 | −0.009% | $142K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 444.00 | −0.023% | $20K | $125K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 444.25 | +0.034% | $6K | $171K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 444.24 | +0.032% | $7.3M | $25.4M | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 444.10 | long leg | $1.9M | $889K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 444.20 | +0.023% | $1.9M | $2.4M | 50x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 444.30 | +0.045% | $1.1M | $3.1M | 10x | as long as short |
| GRVT WDC_USDT_Perpshort | +0.0026% | 8h | 444.54 | +0.099% | $520 | $150K | 10x |
Bitget WDCUSDT
edgeX WDCUSDC
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 443.56 | −0.122% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0072% | 8h | 444.46 | +0.081% | $2.1M | $4.2M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.00 | −0.023% | $273K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.01 | −0.020% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 444.50 | +0.090% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.84 | +0.167% | $33K | $8K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0339% | 1h | 443.88 | −0.050% | $2.3M | $2.1M | 10x | as long as short |
Lighter WDC
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
tradeXYZ xyz:WDC