Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1976spotno funding——$1.4M1xBuy OKX Spot
SHORT0.1975−0.0489pay 0.0245% / 4h3h 43m$2.8M$2.6M20xShort OKX
Price gap−0.066%
Funding gap−0.0489% /8h

Funding costs $15 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$14−0.0489% /8h now · paid +0.137% over the last 7D
Price−$2spread −0.066% now, avg −0.049% → −0.017% if it goes back
Costs−$1291.287% of $10k · taker + slippage, in and out
Result−$117−1.17%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.137% in total, about +0.0065%/8h on average.

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.066%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GRVT on 13 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size36.1 / 26.5 bp
    At $10k entering OKX Spot costs 36.1 bp, fee and slippage, 1.4× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$14.67Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$14.67.
  • Note: Gap at its usual level−0.066% vs −0.049%
    The price leg adds little either way.
  • Note: Spot has no open interest$2.8M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0065%/8h × 21 periods+$13.70
Price spread−0.066% → −0.049% (7d avg)−$1.70
Slippage, 4 orderslive order books−$98.71
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$116.71
Costs to cover1.287%Break-even66.6 days
Slippage: OKX Spot: live order book, 2 min ago; OKX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot5.8236.1 bp−$36475.2 bp−$4,752doesn’t fitdoesn’t fit
SELL · SHORTOKX3.7926.5 bp−$26490.9 bp−$4,909doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

GRVT news

posts that mention GRVT, from every exchange
11-03 10:37GRVTProductGLP is going on-chain. Through our partnership with @axcess_finance , we will bring GLP on-chain, build dedicated institutional credit infrastructure, and introduce institutional credit as a new yield category in GRVT Earn. @grvt_io on X ↗
10-30 13:03GRVTOtherSecurity isn't a competition between CeFi and DeFi. We're all fighting the same attackers. Today, @Aaron_grvt, our Co-founder and CTO shares the 3 security principles behind GRVT's Hybrid Approach to Security for Onchain Investing Read more 👇 @grvt_io on X ↗
10-29 18:30OKXOtherA fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗
10-15 01:05edgeXListingGRVTUSDC no longer reported ($GRVT) seen by our collector