Funding you earn now, next payment 04:00 UTC−0.0231%/8h= −25.3% APRnext payment −$1.15 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against GRVT+0.503%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3353.346% of the position
Funding, last 7 days−1.757%−$176 on $10k
+Price spread, last 4 days (all we have)−0.569%−$57 · spread now +0.503%, 7d avg +0.033%
=Together, before fees−2.326%+ Points / potential airdropGRVT: Active · farm board−$233 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.470% dearer against GRVT than usual: you sell high and buy low (spread +0.503% now, against its 7-day average of +0.033%): +$47 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 7 days (−1.757% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LA_USDT_Perp | 0.07415 | 0.0100 | pay 0.0050% / 4h | 1m 16s | $146K | $467K | 10x |
| Short | OKX LA-USDT-SWAP | 0.07452 | −0.0131 | pay 0.0065% / 4h | 1m 16s | $1.3M | $3.1M | 20x |
GRVT LA_USDT_Perp
OKX LA-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
- −$48.5
- Price spread: +0.503% → +0.033%
- $46.97
- Slippage, 4 orders
- −$315.55
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$336.08
- Costs to cover
- 3.346%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 56 min ago; OKX: live order book, 6 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, 56 min ago | 6.76 bp | 217.1 bp −$217 | 412.7 bp −$4,127 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.35 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0446% | 4h | 0.07442 | +0.368% | $2.0M | $489K | 25x | as long as short |
| BingX LA-USDT | −0.0436% | 4h | 0.07440 | +0.341% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTM | −0.0400% | 4h | 0.07432 | +0.233% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0328% | 4h | 0.07430 | +0.206% | $235K | $842K | 50x | as long as short |
| Aster LAUSDT | −0.0233% | 4h | 0.07433 | +0.249% | $51K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAPshort | −0.0131% | 4h | 0.07452 | +0.503% | $1.3M | $3.1M | 20x | |
| MEXC LA_USDT | −0.0108% | 4h | 0.07443 | +0.382% | $379K | $135K | 50x | as long as short |
| BloFin LA-USDT | −0.0107% | 4h | 0.07416 | +0.017% | $246K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0100% | 4h | 0.07442 | +0.372% | $4.7M | $9.8M | 25x | as long as short |
| Bybit LAUSDT | +0.0005% | 4h | 0.07447 | +0.436% | $2.3M | $2.6M | 25x | as long as short |
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Gate LA_USDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perplong | +0.0100% | 4h | 0.07415 | long leg | $146K | $467K | 10x |