Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.024%
Price spread now: GRVT against OKX−0.575%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 3 days (all we have)+0.767%+$77 · spread now −0.575%, 7d avg +0.008%
=Together, before fees+0.908%+ Points / potential airdropGRVT: Active · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.583% cheaper against OKX than usual: you would sell low and buy high (spread −0.575% now, against its 7-day average of +0.008%). If the spread goes back, that is −$58 on $10k: about 16 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOT-USDT-SWAP | 1.1980 | −0.0024 | get 0.0024% / 8h | 1h 55m | $9.4M | $23.5M | 50x |
| Short | GRVT DOT_USDT_Perp | 1.1911 | 0.0100 | get 0.0100% / 8h | 1h 55m | $231K | $469K | 10x |
OKX DOT-USDT-SWAP
GRVT DOT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against OKX. 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
- $26
- Price spread: −0.575% → +0.008%
- −$58.27
- Slippage, 4 orders
- −$74.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$126.16
- Costs to cover
- 0.939%
- Break-even
- 41.0 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 27 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 OKX live order book, 3 min ago | 0.42 bp | 11.4 bp −$11 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 27 min ago | 16.64 bp | 29.4 bp −$29 | 176.4 bp −$1,764 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0500% | 1h | 1.1997 | +0.142% | $219K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1980 | −0.003% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1940 | −0.334% | $184K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0054% | 1h | 1.1989 | +0.075% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.334% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAPlong | −0.0024% | 8h | 1.1980 | long leg | $9.4M | $23.5M | 50x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1969 | −0.092% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1987 | +0.060% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0018% | 8h | 1.1985 | +0.042% | $6.8M | $8.7M | 75x | as long as short |
| Extended DOT-USD | +0.0048% | 1h | 1.1980 | +0.001% | $15K | $235K | 25x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Extended DOT-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0050% | 8h | 1.1982 | +0.017% | $36.1M | $35.7M | 300x | as long as short |
| Binance DOTUSDT | +0.0052% | 8h | 1.1982 | +0.013% | $44.1M | $80.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1986 | +0.046% | $251K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1994 | +0.117% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1971 | −0.076% | $889K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1983 | +0.025% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1980 | 0.000% | $6.8M | $11.3M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1990 | +0.083% | $22.9M | $14.0M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1982 | +0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1968 | −0.100% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1951 | −0.238% | $543K | $69K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1893 | −0.723% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perpshort | +0.0100% | 8h | 1.1911 | −0.575% | $231K | $469K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | 0.000% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2003 | +0.192% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1963 | −0.142% | $247K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0172% | 8h | 1.1980 | 0.000% | $2.2M | $766K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1990 | +0.080% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0349% | 8h | 1.2000 | +0.167% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT