Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against OKX−0.061%71s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$550.547% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)+0.445%+$45 · spread now −0.061%, 7d avg +0.028%
=Together, before fees+0.539%+ Points / potential airdropGRVT: Active · farm board+$54 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 0.089% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 71 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 WLD-USDT-SWAP | 0.4513 | 0.0094 | pay 0.0094% / 8h | 2h 02m | $33.7M | $137.6M | 50x |
| Short | GRVT WLD_USDT_Perp | 0.4510 | 0.0100 | get 0.0100% / 8h | 2h 02m | $605K | $1.9M | 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
- $1.32
- Price spread: −0.061% → +0.028%
- −$8.87
- Slippage, 4 orders
- −$35.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.22
- Costs to cover
- 0.547%
- Break-even
- 338.1 days
Slippage from OKX: live order book, 2 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, 2 min ago | 1.11 bp | 12.1 bp −$12 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.11 bp | 13.5 bp −$13 | 32.4 bp −$324 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0489% | 8h | 0.4519 | +0.133% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0015% | 8h | 0.4513 | 0.000% | $27K | $916K | 10x | as long as short |
| KuCoin WLDUSDTM | −0.0003% | 8h | 0.4512 | −0.022% | $7.0M | $10.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4522 | +0.193% | $154K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4513 | 0.000% | $122K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4515 | +0.034% | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.0018% | 8h | 0.4512 | −0.016% | $2.1M | $1.7M | — | as long as short |
| Nado WLD-PERP | +0.0042% | 1h | 0.4515 | +0.033% | $271K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4522 | +0.191% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAPlong | +0.0094% | 8h | 0.4513 | long leg | $33.7M | $137.6M | 50x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0098% | 8h | 0.4513 | 0.000% | $49.3M | $48.7M | 300x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4519 | +0.126% | $46.4M | $41.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4518 | +0.101% | $212K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4521 | +0.183% | $51K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4514 | +0.015% | $84.7M | $293.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4512 | −0.022% | $64.3M | $80.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4514 | +0.022% | $7.3M | $34.9M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4510 | −0.066% | $29.9M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4514 | +0.022% | — | $68.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4524 | +0.250% | $128K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4509 | −0.087% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perpshort | +0.0100% | 8h | 0.4510 | −0.061% | $605K | $1.9M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4509 | −0.089% | $54K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | +0.113% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4518 | +0.111% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4512 | −0.022% | $199 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4516 | +0.066% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4513 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4510 | −0.066% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4513 | +0.010% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4512 | −0.016% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0219% | 8h | 0.4518 | +0.111% | $4.8M | $808K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1996% | 1h | 0.4514 | +0.014% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4522 | +0.195% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.643% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4521 | +0.177% | $277K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4522 | +0.191% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1105% | 1h | 0.4515 | +0.039% | $918K | $2.6M | 50x | as long as short |
OKX WLD-USDT-SWAP
GRVT WLD_USDT_Perp
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Phoenix WLD
MEXC WLD_USDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD