Funding you earn now, next payment 00:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h +0.028%
Price spread now: GRVT against OKX−0.227%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 3 days (all we have)+0.683%+$68 · spread now −0.227%, 7d avg +0.043%
=Together, before fees+0.832%+ Points / potential airdropGRVT: Active · farm board+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.270% cheaper against OKX than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of +0.043%). If the spread goes back, that is −$27 on $10k: about 10 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9834 | 0.0011 | pay 0.0011% / 8h | 2h 30m | $18.1M | $96.6M | 50x |
| Short | GRVT FIL_USDT_Perp | 0.9812 | 0.0100 | get 0.0100% / 8h | 2h 30m | $287K | $813K | 10x |
OKX FIL-USDT-SWAP
GRVT FIL_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
- $18.63
- Price spread: −0.227% → +0.043%
- −$27.01
- Slippage, 4 orders
- −$60.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$87.85
- Costs to cover
- 0.795%
- Break-even
- 40.0 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 57 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 | 0.51 bp | 7.8 bp −$8 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 57 min ago | 5.12 bp | 21.8 bp −$22 | 209.9 bp −$2,099 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1069% | 1h | 0.9843 | +0.092% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0623% | 1h | 0.9838 | +0.042% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0408% | 1h | 0.9824 | −0.102% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9839 | +0.051% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0066% | 8h | 0.9838 | +0.041% | $15.5M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0036% | 8h | 0.9834 | 0.000% | $10.8M | $21.9M | 75x | as long as short |
| Variational Omni FIL | −0.0014% | 8h | 0.9812 | −0.222% | $435K | $276K | — | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9836 | +0.019% | $24K | — | 150x | as long as short |
| Hyperliquid FIL | −0.0004% | 1h | 0.9835 | +0.011% | $8.6M | $9.5M | 5x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9828 | −0.066% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
Variational Omni FIL
gTrade (Gains Network) FIL/USD
Hyperliquid FIL
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAPlong | +0.0011% | 8h | 0.9834 | long leg | $18.1M | $96.6M | 50x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.844% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9841 | +0.071% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9841 | +0.075% | $487K | $514K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9833 | −0.006% | $56.4M | $176.0M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9844 | +0.102% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9853 | +0.193% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9839 | +0.051% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9800 | −0.349% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9812 | −0.227% | $287K | $813K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9800 | −0.346% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9844 | +0.100% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9820 | −0.142% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9832 | −0.020% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9843 | +0.092% | $622K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.061% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9840 | +0.059% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9835 | +0.010% | $2.6M | $636K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0614% / S −0.0742% | 1h | 0.9838 | +0.041% | $213K | — | 100x | as long as short |
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
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]