Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against GRVT+0.045%51s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$720.720% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)−0.285%−$28 · spread now +0.045%, 7d avg −0.003%
=Together, before fees−0.424%+ Points / potential airdropGRVT: Active · farm board−$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.048% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 51 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 | GRVT AXS_USDT_Perp | 1.0628 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $758K | $914K | 10x |
| Short | OKX AXS-USDT-SWAP | 1.0633 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.4M | $2.7M | 20x |
GRVT AXS_USDT_Perp
OKX AXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.045% → −0.003%
- $4.78
- Slippage, 4 orders
- −$53.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.25
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; OKX: live order book, 3 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 | 9.39 bp | 17.3 bp −$17 | 161.6 bp −$1,616 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.47 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0338% | 1h | 1.0645 | +0.162% | $139K | $325K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.864% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0630 | +0.017% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0660 | +0.299% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0643 | +0.139% | $262K | $294K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0639 | +0.099% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0640 | +0.111% | $5.9M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0636 | +0.073% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0100% | 4h | 1.0633 | +0.045% | $1.4M | $2.7M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0635 | +0.064% | $959K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0640 | +0.111% | $11.1M | $763K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | +0.111% | $574K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | +0.111% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0636 | +0.073% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0625 | −0.030% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0628 | long leg | $758K | $914K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0633 | +0.045% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0636 | +0.073% | $702 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0638 | +0.096% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0157% | 4h | 1.0630 | +0.017% | $271K | $30K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT