Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against GRVT+0.031%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2302.303% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.031%, 7d avg −0.038%
=Together, before fees−0.422%+ Points / potential airdropGRVT: Active · farm board−$42 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: OKX is 0.069% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT W_USDT_Perp | 0.01189 | 0.0100 | pay 0.0050% / 4h | 1m 14s | $128K | $414K | 10x |
| Short | OKX W-USDT-SWAP | 0.01189 | 0.0100 | get 0.0050% / 4h | 1m 14s | $1.3M | $1.8M | 20x |
GRVT W_USDT_Perp
OKX W-USDT-SWAPFunding 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
- $0
- Price spread: +0.031% → −0.038%
- $6.93
- Slippage, 4 orders
- −$211.31
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$223.38
- Costs to cover
- 2.303%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 56 min ago; OKX: live order book, 6 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, 56 min ago | 8.46 bp | 63.5 bp −$63 | 190.4 bp −$1,904 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 2.53 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0170% | 1h | 0.01190 | +0.098% | $15K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.705% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01190 | +0.107% | $2.0M | $331K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01190 | +0.128% | $3.0M | $6.3M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01188 | −0.019% | $4.2M | $1.8M | 50x | as long as short |
| OKX W-USDT-SWAPshort | +0.0100% | 4h | 0.01189 | +0.031% | $1.3M | $1.8M | 20x | |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | −0.154% | $449K | $231K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01191 | +0.174% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01187 | −0.146% | $377K | $210K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01190 | +0.107% | $1.3M | $568K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01189 | +0.023% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01186 | −0.243% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perplong | +0.0100% | 4h | 0.01189 | long leg | $128K | $414K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01190 | +0.122% | $62K | $230K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01195 | +0.561% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1142% | 1h | 0.01191 | +0.166% | $44K | $43K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1676% | 1h | 0.01193 | +0.368% | $148K | $184K | 20x | as long as short |
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD