Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.54 per $10,000 · paid last 24h −0.014%
Price spread now: GRVT against OKX+0.245%71s7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$720.723% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.245%, 7d avg +0.107%
=Together, before fees−0.010%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.138% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.107%. 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 WLFI-USDT-SWAP | 0.05706 | −0.0009 | get 0.0004% / 4h | 1h 32m | $7.4M | $12.5M | 50x |
| Short | GRVT WLFI_USDT_Perp | 0.05720 | 0.0100 | get 0.0050% / 4h | 1h 32m | $275K | $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
- $22.79
- Price spread: +0.245% → +0.107%
- $13.84
- Slippage, 4 orders
- −$53.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$35.65
- Costs to cover
- 0.723%
- Break-even
- 18.0 days
Slippage from OKX: live order book, 1 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, 1 min ago | 0.88 bp | 11.1 bp −$11 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 8.75 bp | 20.6 bp −$21 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
WLFI on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSD | −0.0706% | 1h | 0.05707 | +0.021% | $73K | $70K | 20x | as long as short |
| Aster WLFIUSDT | −0.0314% | 4h | 0.05709 | +0.049% | $1.6M | $576K | 20x | as long as short |
| Lighter WLFI | −0.0256% | 1h | 0.05705 | −0.018% | $946K | $375K | 5x | as long as short |
| OKX WLFI-USDT-SWAPlong | −0.0009% | 4h | 0.05706 | long leg | $7.4M | $12.5M | 50x | |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05717 | +0.196% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +5.946% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05712 | +0.105% | $10K | $624 | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05711 | +0.089% | $312 | — | 150x | as long as short |
| 01 Exchange WLFIUSD | +0.0008% | 1h | 0.05711 | +0.088% | $4K | $319 | 3x | as long as short |
| Paradex WLFI-USD-PERP | +0.0012% | 8h | 0.05713 | +0.120% | $2K | $108 | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WLFI_USDT | +0.0070% | 4h | 0.05707 | +0.018% | $3.4M | $2.8M | 75x | as long as short |
| Hyperliquid WLFI | +0.0082% | 1h | 0.05706 | 0.000% | $10.4M | $1.2M | 5x | as long as short |
| Injective WLFI/USDC PERP | +0.0082% | 1h | 0.05716 | +0.175% | $6K | $77K | 5.5x | as long as short |
| Variational Omni WLFI | +0.0089% | 4h | 0.05710 | +0.067% | $442K | $30K | — | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05706 | +0.009% | $79K | $31K | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05710 | +0.068% | $242K | $10K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05713 | +0.123% | $136.6M | $38.7M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05705 | −0.018% | $20.5M | $16.9M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05714 | +0.138% | $1K | $10 | 5x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05704 | −0.035% | $14.8M | $21.1M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05710 | +0.070% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05705 | −0.018% | $7.9M | $3.1M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05711 | +0.088% | — | $7.2M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05716 | +0.175% | $238K | $30K | 10x | as long as short |
| GRVT WLFI_USDT_Perpshort | +0.0100% | 4h | 0.05720 | +0.245% | $275K | $1.9M | 10x | |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05710 | +0.070% | $33K | $41K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05710 | +0.070% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05710 | +0.070% | $119 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05704 | −0.044% | $132K | $490K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05713 | +0.114% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05720 | +0.245% | $4.7M | $76K | 75x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0384% | 1h | 0.05737 | +0.543% | $32K | $16K | 50x | as long as short |
OKX WLFI-USDT-SWAP
GRVT WLFI_USDT_Perp
Kraken Futures PF_WLFIUSD
Aster WLFIUSDT
Lighter WLFI
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
01 Exchange WLFIUSD
Paradex WLFI-USD-PERP
Gate WLFI_USDT
Hyperliquid WLFI
Injective WLFI/USDC PERP
Variational Omni WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Backpack WLFI_USDC_PERP
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT
Coinbase International WLFI-PERP-INTX