Funding you earn now, next payment 08:00 UTC−0.0127%/8h= −13.9% APRnext payment −$1.27 per $10,000 · paid last 24h −0.056%
Price spread now: OKX against GRVT−0.024%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)−0.432%−$43 · spread now −0.024%, 7d avg −0.047%
=Together, before fees−0.609%+ Points / potential airdropGRVT: Active · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.023% dearer against GRVT than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.047%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9996 | 0.0100 | pay 0.0100% / 8h | 3h 57m | $298K | $1.0M | 10x |
| Short | OKX FIL-USDT-SWAP | 0.9994 | −0.0027 | pay 0.0027% / 8h | 3h 57m | $18.5M | $105.4M | 50x |
GRVT FIL_USDT_Perp
OKX FIL-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
- −$26.61
- Price spread: −0.024% → −0.047%
- $2.27
- Slippage, 4 orders
- −$111.46
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$154.8
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 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, 1 min ago | 5.00 bp | 76.3 bp −$76 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.50 bp | 8.7 bp −$9 | 16.4 bp −$164 | 87.6 bp −$8,755 | doesn't fit |
FIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0010 | +0.136% | $366K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAPshort | −0.0027% | 8h | 0.9994 | −0.024% | $18.5M | $105.4M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0002 | +0.051% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0010 | +0.141% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0017 | +0.206% | $172K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | +0.0009% | 8h | 1.0006 | +0.096% | $7.3M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.415% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0012 | +0.159% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0005 | +0.086% | $154K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0000 | +0.032% | $8.5M | $9.5M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0008 | +0.112% | $514K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9996 | −0.004% | $57.5M | $183.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9997 | +0.006% | $15.8M | $20.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0006 | +0.096% | $8.5M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0005 | +0.086% | $243K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0002 | +0.056% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9999 | +0.026% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0019 | +0.224% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0004 | +0.074% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9996 | long leg | $298K | $1.0M | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0010 | +0.136% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0009 | +0.127% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.064% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0005 | +0.086% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9999 | +0.026% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | +0.036% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9999 | +0.024% | $707K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0023 | +0.266% | $2.7M | $668K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0000 | +0.037% | $267K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]