Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against OKX+0.287%51s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as 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−$600.603% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.287%, 7d avg −0.045%
=Together, before fees−0.029%+ Points / potential airdropGRVT: Active · farm board−$3 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 0.332% dearer against OKX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.045%. 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 SEI-USDT-SWAP | 0.05927 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $3.0M | $40.4M | 50x |
| Short | GRVT SEI_USDT_Perp | 0.05944 | 0.0100 | get 0.0100% / 8h | 2h 44m | $209K | $1.4M | 10x |
Funding 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: +0.287% → −0.045%
- $33.23
- Slippage, 4 orders
- −$41.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$27.09
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; GRVT: live order book, 4 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 | 0.84 bp | 12.5 bp −$12 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 1.68 bp | 27.0 bp −$27 | 68.9 bp −$689 | doesn't fit | doesn't fit |
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05935 | +0.132% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.557% | $33K | $213K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05935 | +0.127% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05936 | +0.152% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0050% | 8h | 0.05938 | +0.178% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05931 | +0.067% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05934 | +0.118% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05933 | +0.093% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05933 | +0.106% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05930 | +0.051% | $13.9M | $128.4M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05923 | −0.067% | $13.9M | $36.6M | 50x | as long as short |
| OKX SEI-USDT-SWAPlong | +0.0100% | 4h | 0.05927 | long leg | $3.0M | $40.4M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05931 | +0.067% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05930 | +0.051% | $29.7M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05933 | +0.101% | $7.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05928 | +0.017% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05927 | 0.000% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05935 | +0.135% | $118K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.05944 | +0.287% | $209K | $1.4M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.219% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05943 | +0.270% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05929 | +0.040% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05935 | +0.133% | $375K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05933 | +0.101% | $717K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | +0.117% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05962 | +0.591% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1957% | 1h | 0.05931 | +0.076% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
GRVT SEI_USDT_Perp
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP