Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h 0.000%
Price spread now: GRVT against OKX−0.422%61s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as 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−$400.396% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+1.176%+$118 · spread now −0.422%, 7d avg +0.040%
=Together, before fees+1.205%+ Points / potential airdropGRVT: Active · farm board+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.462% cheaper against OKX than usual: you would sell low and buy high (spread −0.422% now, against its 7-day average of +0.040%). If the spread goes back, that is −$46 on $10k: about 11 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.029% in total) that is about 4 months. The two prices were read 61 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 TAO-USDT-SWAP | 320.70 | 0.0100 | pay 0.0100% / 8h | 5h 36m | $26.4M | $117.5M | 50x |
| Short | GRVT TAO_USDT_Perp | 319.35 | 0.0238 | get 0.0119% / 4h | 1h 36m | $531K | $957K | 10x |
OKX TAO-USDT-SWAP
GRVT TAO_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
- $28.98
- Price spread: −0.422% → +0.040%
- −$46.2
- Slippage, 4 orders
- −$20.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$56.86
- Costs to cover
- 0.396%
- Break-even
- 20.7 days
Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 26 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, 2 min ago | 1.56 bp | 9.5 bp −$9 | 19.9 bp −$199 | 59.4 bp −$5,940 | doesn't fit |
| Sell GRVT live order book, 26 min ago | 2.21 bp | 9.5 bp −$10 | 14.8 bp −$148 | doesn't fit | doesn't fit |
TAO on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.3652% | 1h | 316.49 | −1.313% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.84 | +0.043% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.43 | −0.085% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.77 | +0.022% | $45K | $657K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.82 | +0.037% | $93.5M | $473.9M | 75x | as long as short |
| OKX TAO-USDT-SWAPlong | +0.0100% | 8h | 320.70 | long leg | $26.4M | $117.5M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 320.70 | 0.000% | $13.1M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 321.26 | +0.175% | $109.9M | $140.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.02 | +0.100% | $18.1M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.84 | +0.044% | $35.8M | $54.0M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 319.73 | −0.302% | $36K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.70 | 0.000% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.64 | −0.019% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.50 | −0.062% | $130K | $479K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 321.10 | +0.125% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 321.02 | +0.101% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0106% | 4h | 320.91 | +0.065% | $58K | $281K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 320.84 | +0.044% | $682 | $765K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0163% / S +0.0106% | 1h | 320.42 | −0.088% | $435K | — | 100x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0238% | 4h | 319.35 | −0.422% | $531K | $957K | 10x | |
| Kraken Futures PF_TAOUSD | +0.0245% | 1h | 320.86 | +0.049% | $5.7M | $20.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0305% | 1h | 320.71 | +0.003% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0320% | 8h | 321.19 | +0.153% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 321.38 | +0.212% | $4.5M | $10.7M | 100x | as long as short |
| Aster TAOUSDT | +0.0342% | 4h | 320.76 | +0.020% | $1.2M | $9.3M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 321.17 | +0.147% | $379K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 320.50 | −0.062% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 321.45 | +0.234% | $101K | $490K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0513% | 1h | 320.89 | +0.059% | $17K | $1.6M | 25x | as long as short |
| Nado TAO-PERP | +0.0545% | 1h | 320.89 | +0.060% | $778K | $2.1M | 10x | as long as short |
| Bybit TAOUSDT | +0.0591% | 4h | 320.71 | +0.003% | $68.5M | $140.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0608% | 4h | 321.15 | +0.140% | — | $30.3M | — | as long as short |
| ApeX Omni TAOUSDT | +0.0686% | 1h | 319.20 | −0.468% | $47K | $254K | 50x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 320.79 | +0.027% | $369 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 321.39 | +0.215% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0878% | 4h | 320.22 | −0.150% | $5.9M | $9.7M | — | as long as short |
| Lighter TAO | +0.0888% | 1h | 321.38 | +0.212% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0912% | 1h | 321.12 | +0.131% | $939K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.1015% | 1h | 321.59 | +0.278% | $442K | $860K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 321.24 | +0.168% | $1.5M | $6.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 321.21 | +0.159% | $457K | $627K | 5x | as long as short |
| Hyperliquid TAO | +0.1369% | 1h | 321.05 | +0.109% | $100.9M | $98.6M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | +0.833% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Bybit TAOUSDT
BingX TAO-USDT
ApeX Omni TAOUSDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP