Funding you earn now, next payment 12:00 UTC+0.0912%/8h= +99.8% APRnext payment +$4.56 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against edgeX+0.140%101s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$609as 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−$5955.949% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.140%, 7d avg +0.021%
=Together, before fees−0.146%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bybit is 0.119% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour. The two prices were read 101 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 -0.139% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.56 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 | edgeX GRVTUSDC | 0.1889 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $10K | $281K | 10x |
| Short | Bybit GRVTUSDT | 0.1891 | 0.1012 | get 0.0506% / 4h | 3h 01m | $2.8M | $751K | 20x |
edgeX GRVTUSDC
Bybit GRVTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $191.49
- Price spread: +0.140% → +0.021%
- $11.92
- Slippage, 4 orders
- −$574.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$391.44
- Costs to cover
- 5.949%
- Break-even
- 21.3 days
Slippage from edgeX: live order book, 31 min ago; Bybit: live order book, 5 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 edgeX live order book, 31 min ago | 8.02 bp | 122.6 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.24 bp | 67.5 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1890 | +0.087% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1884 | −0.241% | $327K | $100K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1890 | +0.055% | $3.6M | $131K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1888 | −0.035% | $191K | $757K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1891 | +0.142% | $264K | $15K | — | as long as short |
| edgeX GRVTUSDClong | +0.0100% | 4h | 0.1889 | long leg | $10K | $281K | 10x | |
| BloFin GRVT-USDT | +0.0129% | 4h | 0.1890 | +0.050% | $239K | $38K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0392% | 4h | 0.1891 | +0.114% | $680K | $834K | 20x | as long as short |
| Binance GRVTUSDT | +0.0558% | 4h | 0.1891 | +0.114% | $5.1M | $2.6M | 25x | as long as short |
| Extended GRVT-USD | +0.0560% | 1h | 0.1890 | +0.058% | $101K | $465K | 5x | as long as short |
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
BloFin GRVT-USDT
Bitget GRVTUSDT
Binance GRVTUSDT
Extended GRVT-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRVTUSDT | +0.0667% | 4h | 0.1889 | +0.024% | $22K | $25K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0884% | 4h | 0.1889 | +0.025% | $290K | $167K | 10x | as long as short |
| Bybit GRVTUSDTshort | +0.1012% | 4h | 0.1891 | +0.140% | $2.8M | $751K | 20x | |
| BingX GRVT-USDT | +0.1102% | 4h | 0.1894 | +0.288% | — | $1.7M | — | as long as short |
Aster GRVTUSDT
GRVT GRVT_USDT_Perp
BingX GRVT-USDT