EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0449%/8h= +49.1% APRnext payment +$2.24 per $10,000 · paid last 24h +0.032%

Price spread now: OKX against GRVT+0.066%7-day average −0.048% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.066%, 7d avg −0.048%

Together, before fees−0.011%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and OKX is 0.114% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.048%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.24 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	GRVT EDGE_USDT_Perp	0.5871	0.0100	pay 0.0050% / 4h	1h 11m	$12K	$1.8M	10x
Short	OKX EDGE-USDT-SWAP	0.5875	0.0549	get 0.0274% / 4h	1h 11m	$3.6M	$5.8M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee OKXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $94.19
Price spread: +0.066% → −0.048%: $11.41
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $86.6
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: GRVT: live order book, 2 min ago; OKX: live order book, 2 min ago. Net counts fees only.

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, 2 min ago	2.55 bp	53.6 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.55 bp	26.7 bp −$27	145.5 bp −$1,455	doesn't fit	doesn't fit

EDGE 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
Lighter EDGE	+0.0096%	1h	0.5855	−0.277%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5865	−0.105%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5870	−0.019%	$4.7M	$999K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5870	−0.025%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5862	−0.151%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perplong	+0.0100%	4h	0.5871	long leg	$12K	$1.8M	10x
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	+0.117%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5830	−0.701%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTM	+0.0174%	4h	0.5871	−0.002%	$2.1M	$2.3M	50x	as long as short
MEXC EDGE_USDT	+0.0478%	4h	0.5874	+0.049%	$1.2M	$921K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0479%	4h	0.5875	+0.069%	$10.0M	$10.1M	50x	as long as short
Extended EDGE-USD	+0.0480%	1h	0.5870	−0.014%	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0490%	4h	0.5872	+0.015%	$68K	$136K	5x	as long as short
BloFin EDGE-USDT	+0.0491%	4h	0.5878	+0.117%	$632K	$125K	50x	as long as short
edgeX EDGEUSDC	+0.0540%	4h	0.5876	+0.079%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0549%	4h	0.5875	+0.066%	$3.6M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0579%	4h	0.5872	+0.015%	$3K	—	10x	as long as short