Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against GRVT+0.349%111s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as 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−$3323.323% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.468%−$47 · spread now +0.349%, 7d avg +0.041%
=Together, before fees−0.450%+ Points / potential airdropGRVT: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.308% dearer against GRVT than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 111 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 | GRVT SAHARA_USDT_Perp | 0.009348 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $139K | $2.5M | 10x |
| Short | OKX SAHARA-USDT-SWAP | 0.009381 | 0.0232 | get 0.0116% / 4h | 2h 03m | $981K | $1.0M | 20x |
Funding 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
- $27.65
- Price spread: +0.349% → +0.041%
- $30.77
- Slippage, 4 orders
- −$313.35
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$273.92
- Costs to cover
- 3.323%
- Break-even
- 76.3 days
Slippage from GRVT: live order book, 5 min ago; OKX: live order book, 3 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, 5 min ago | 10.68 bp | 88.9 bp −$89 | 269.1 bp −$2,691 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.73 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
SAHARA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SAHARAUSDT | +0.0100% | 4h | 0.009371 | +0.242% | $4.4M | $5.0M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009370 | +0.231% | $193K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009374 | +0.274% | $1.5M | $232K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009350 | +0.017% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perplong | +0.0100% | 4h | 0.009348 | long leg | $139K | $2.5M | 10x | |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009350 | +0.017% | $19K | $259K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009373 | +0.261% | $2K | $215K | 5x | as long as short |
| OKX SAHARA-USDT-SWAPshort | +0.0232% | 4h | 0.009381 | +0.349% | $981K | $1.0M | 20x | |
| Bitget SAHARAUSDT | +0.0470% | 4h | 0.009380 | +0.338% | $1.2M | $418K | 25x | as long as short |
| Aster SAHARAUSDT | +0.0481% | 4h | 0.009358 | +0.105% | $61K | $19K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SAHARA-USDT | +0.0620% | 4h | 0.009377 | +0.306% | — | $2.3M | — | as long as short |
| Variational Omni SAHARA | +0.0720% | 4h | 0.009375 | +0.283% | $22K | $12K | — | as long as short |
| Bybit SAHARAUSDT | +0.0769% | 4h | 0.009379 | +0.327% | $2.0M | $1.3M | 20x | as long as short |
GRVT SAHARA_USDT_Perp
OKX SAHARA-USDT-SWAP
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
Bitget SAHARAUSDT
Aster SAHARAUSDT
BingX SAHARA-USDT
Variational Omni SAHARA
Bybit SAHARAUSDT