Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: GRVT against OKX−0.323%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2001.998% of the position
Funding, last 7 days+1.825%+$183 on $10k
+Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.323%, 7d avg −0.030%
=Together, before fees+2.233%+ Points / potential airdropGRVT: Active · farm board+$223 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.293% cheaper against OKX than usual: you would sell low and buy high (spread −0.323% now, against its 7-day average of −0.030%). If the spread goes back, that is −$29 on $10k: about 46 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+1.825% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07434 | 0.0079 | pay 0.0039% / 4h | 1h 11m | $1.3M | $2.8M | 20x |
| Short | GRVT LA_USDT_Perp | 0.07410 | 0.0100 | get 0.0050% / 4h | 1h 11m | $147K | $468K | 10x |
OKX LA-USDT-SWAP
GRVT LA_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
- $4.42
- Price spread: −0.323% → −0.030%
- −$29.33
- Slippage, 4 orders
- −$180.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$224.74
- Costs to cover
- 1.998%
- Break-even
- 362.9 days
Slippage from OKX: live order book, 6 min ago; GRVT: 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 OKX live order book, 6 min ago | 1.35 bp | 16.2 bp −$16 | 268.4 bp −$2,684 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 6.75 bp | 63.3 bp −$63 | 160.5 bp −$1,605 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0346% | 4h | 0.07441 | +0.094% | $250K | $802K | 50x | as long as short |
| Bitget LAUSDT | −0.0208% | 4h | 0.07434 | 0.000% | $2.1M | $502K | 25x | as long as short |
| BingX LA-USDT | −0.0208% | 4h | 0.07441 | +0.094% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0093% | 4h | 0.07437 | +0.046% | $52K | $8K | 5x | as long as short |
| KuCoin LAUSDTM | −0.0086% | 4h | 0.07437 | +0.040% | $1.0M | $57K | 30x | as long as short |
| BloFin LA-USDT | −0.0065% | 4h | 0.07418 | −0.215% | $249K | $19K | 25x | as long as short |
| MEXC LA_USDT | −0.0060% | 4h | 0.07441 | +0.094% | $395K | $140K | 50x | as long as short |
| Binance LAUSDT | −0.0058% | 4h | 0.07439 | +0.064% | $4.7M | $8.4M | 25x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0079% | 4h | 0.07434 | long leg | $1.3M | $2.8M | 20x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07445 | +0.148% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
KuCoin LAUSDTM
BloFin LA-USDT
MEXC 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_Perpshort | +0.0100% | 4h | 0.07410 | −0.323% | $147K | $468K | 10x |