Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG14.247+0.0044pay 0.0044% / 8h0m 24s$639K$2.7M10xLong GRVT
SHORT14.237+0.0096get 0.0012% / 1h0m 24s$221K$473K50xShort Popdex
Price gap−0.070%58s
Funding gap+0.0052% /8h

Funding pays +$2 a day on $10k, but the gap is 0.071% under its 7d average: −$7 if it goes back, about 4.6 days of funding.

The two prices were read 58 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$17+0.0052% /8h now · paid +0.174% over the last 6 days (all we have)
Price—spread −0.070%58s now · prices read too far apart to compare
Costs−$340.344% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.070%
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

LINK on 41 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books7.7 / 9.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $200
    GRVT 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.56Long GRVT: 3 payments, −$1.32; short Popdex: 24 payments, +$2.88.
  • Watch: Prices read 58 s apart−0.070% vs +0.001%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$221K vs $639K OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0092%/8h × 21 periods+$19.32
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$18.96
Fee GRVT bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$15.04
price spread not counted: prices read too far apart
Costs to cover0.344%Break-even12.5 days
Slippage: GRVT: live order book, 2 min ago; Popdex: live order book, 57 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT1.057.7 bp−$813.5 bp−$135doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.769.5 bp−$970.8 bp−$708doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LINK news

posts that mention LINK, from every exchangeSearch all news →
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09-19 11:24OKXContestNew X Drops basket is now live in the EEA. Trade $CP, $SOL, $ZEC, $SUI, $HYPE, $LINK, $TAO, $ARB, $UNI or $NEAR and compete for a share of 150K USDC across four payouts, with a 3x multiplier on all CP trades. Join X Drops Club today. @okx on X ↗