Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against OKX+0.395%51s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,587as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2,58625.863% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)−0.304%−$30 · spread now +0.395%, 7d avg +0.044%
=Together, before fees−0.310%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.351% dearer against OKX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of +0.044%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04469 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $915K | $2.9M | 20x |
| Short | GRVT MEGA_USDT_Perp | 0.04487 | 0.0100 | get 0.0050% / 4h | 2h 12m | $21K | $1.7M | 10x |
OKX MEGA-USDT-SWAP
GRVT MEGA_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
- $0
- Price spread: +0.395% → +0.044%
- $35.14
- Slippage, 4 orders
- −$2,567.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$2,551.18
- Costs to cover
- 25.863%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; GRVT: live order book, 1 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, 4 min ago | 1.12 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 3.36 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0288% | 1h | 0.04490 | +0.479% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04469 | −0.010% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04485 | +0.358% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0047% | 1h | 0.04473 | +0.078% | $193K | $150K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0078% | 4h | 0.04474 | +0.112% | $197K | $76K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04468 | −0.022% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04468 | −0.015% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04470 | +0.031% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04469 | 0.000% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04465 | −0.090% | $3.4M | $4.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAPlong | +0.0100% | 4h | 0.04469 | long leg | $915K | $2.9M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.683% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04468 | −0.022% | $190K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04466 | −0.067% | $770K | $356K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04472 | +0.067% | $236K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04469 | 0.000% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04467 | −0.045% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04477 | +0.175% | $238K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perpshort | +0.0100% | 4h | 0.04487 | +0.395% | $21K | $1.7M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04479 | +0.224% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04476 | +0.157% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04468 | −0.020% | $127K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04472 | +0.074% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0216% | 1h | 0.04471 | +0.045% | $18K | $41K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04468 | −0.020% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0712% | 1h | 0.04474 | +0.114% | $108 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1173% | 1h | 0.04481 | +0.266% | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.2752% | 1h | 0.04489 | +0.448% | $621K | $327K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA