Funding you earn now, next payment 00:00 UTC−0.0118%/8h= −13.0% APRnext payment −$1.18 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against GRVT+0.175%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)−0.332%−$33 · spread now +0.175%, 7d avg −0.010%
=Together, before fees−0.472%+ Points / potential airdropGRVT: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.185% dearer against GRVT than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of −0.010%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOT_USDT_Perp | 1.2050 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $233K | $456K | 10x |
| Short | OKX DOT-USDT-SWAP | 1.2071 | −0.0018 | pay 0.0018% / 8h | 1h 23m | $9.5M | $23.8M | 50x |
GRVT DOT_USDT_Perp
OKX DOT-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
- −$24.87
- Price spread: +0.175% → −0.010%
- $18.48
- Slippage, 4 orders
- −$76.29
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$101.68
- Costs to cover
- 0.953%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 60 min ago; OKX: live order book, 1 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, 60 min ago | 16.64 bp | 42.0 bp −$42 | 96.0 bp −$960 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.41 bp | 12.7 bp −$13 | 28.0 bp −$280 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2075 | +0.206% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2090 | +0.333% | $186K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2087 | +0.310% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.248% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAPshort | −0.0018% | 8h | 1.2071 | +0.175% | $9.5M | $23.8M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.2090 | +0.329% | $146K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2086 | +0.300% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2082 | +0.265% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0029% | 8h | 1.2078 | +0.233% | $6.9M | $8.6M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2077 | +0.227% | $246K | $602K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0098% | 8h | 1.2078 | +0.233% | $28.2M | $37.4M | 300x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2082 | +0.266% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2088 | +0.319% | $899K | $674K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2080 | +0.248% | $44.4M | $81.4M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2070 | +0.167% | $24.7M | $18.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2070 | +0.167% | $6.9M | $11.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2080 | +0.250% | $23.2M | $14.3M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2074 | +0.200% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2076 | +0.217% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2036 | −0.115% | $548K | $63K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2051 | +0.009% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perplong | +0.0100% | 8h | 1.2050 | long leg | $233K | $456K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | +0.250% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2090 | +0.333% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2077 | +0.225% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2070 | +0.164% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2081 | +0.258% | $2.2M | $770K | 75x | as long as short |
| Phemex DOTUSDT | +0.0296% | 8h | 1.2100 | +0.416% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2082 | +0.263% | $23K | — | 100x | as long as short |
MEXC DOT_USDT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]