Funding you earn now, next payment 16:00 UTC+0.0336%/8h= +36.8% APRnext payment +$3.36 per $10,000 · paid last 24h +0.040%
Price spread now: OKX against GRVT−0.234%111s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$810.808% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.498%−$50 · spread now −0.234%, 7d avg −0.020%
=Together, before fees−0.309%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.214% cheaper against GRVT than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of −0.020%). If the spread goes back, that is −$21 on $10k: about 2.1 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.189% in total) that is about 7.9 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AAOI_USDT_Perp | 107.15 | 0 | get 0.0000% / 8h | 7h 37m | $1K | $112K | 10x |
| Short | OKX AAOI-USDT-SWAP | 106.90 | 0.0336 | get 0.0336% / 8h | 7h 37m | $4.9M | $20.7M | 20x |
GRVT AAOI_USDT_Perp
OKX AAOI-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
- $70.55
- Price spread: −0.234% → −0.020%
- −$21.39
- Slippage, 4 orders
- −$61.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$31.59
- Costs to cover
- 0.808%
- Break-even
- 10.1 days
Slippage from GRVT: live order book, 59 min ago; OKX: 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 GRVT live order book, 59 min ago | 5.09 bp | 29.0 bp −$29 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.47 bp | 12.6 bp −$13 | 50.3 bp −$503 | doesn't fit | doesn't fit |
AAOI on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.1281% | 8h | 106.91 | −0.224% | $3.2M | $4.1M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0017% | 8h | 106.85 | −0.280% | $279K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 106.93 | −0.209% | $39K | $43K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 106.83 | −0.296% | $17K | $228K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 106.86 | −0.271% | $14.6M | $47.1M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 106.85 | −0.280% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 106.89 | −0.243% | $3.7M | $12.7M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 106.92 | −0.213% | $113K | $155K | — | as long as short |
| GRVT AAOI_USDT_Perplong | 0.0000% | 8h | 107.15 | long leg | $1K | $112K | 10x | |
| SunX AAOI-USDT | 0.0000% | 8h | 106.87 | −0.262% | $1K | $1.2M | 10x | as long as short |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 107.00 | −0.140% | $23K | $47K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 106.79 | −0.336% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0045% | 1h | 106.74 | −0.383% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 106.83 | −0.299% | $935 | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 106.78 | −0.346% | $1.9M | $1.6M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 106.89 | −0.243% | $439K | $250K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 106.82 | −0.308% | $1K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 106.80 | −0.328% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0249% | 1h | 106.78 | −0.345% | $223K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAPshort | +0.0336% | 8h | 106.90 | −0.234% | $4.9M | $20.7M | 20x | |
| edgeX AAOIUSDC | +0.0497% | 4h | 106.78 | −0.347% | $12K | $264K | 10x | as long as short |
HTX AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
edgeX AAOIUSDC