Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.106%

Price spread now: OKX against GRVT+0.070%91s7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as 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−$570.571% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.070%, 7d avg −0.005%

Together, before fees−0.411%+ Points / potential airdropGRVT: Active · farm board−$41 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 0.074% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 91 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	GRVT AMAT_USDT_Perp	460.24	0	get 0.0000% / 8h	2h 30m	$262	$108K	10x
Short	OKX AMAT-USDT-SWAP	460.56	0	get 0.0000% / 8h	2h 30m	$1.4M	$1.6M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee OKXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.005%: $7.41
Slippage, 4 orders: −$38.1
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$49.69
Costs to cover: 0.571%
Break-even: never at this rate

Slippage from GRVT: live order book, 8 min ago; OKX: live order book, 2 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, 8 min ago	1.19 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.61 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit

AMAT on 16 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 AMATUSDT	−0.0363%	8h	460.79	+0.120%	$1.9M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	461.13	+0.193%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	460.23	−0.003%	$5K	$27K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	461.03	+0.172%	$8.5M	$13.7M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	460.75	+0.111%	$852K	$689K	25x	as long as short
OKX AMAT-USDT-SWAPshort	0.0000%	8h	460.56	+0.070%	$1.4M	$1.6M	20x
Gate AMAT_USDT	0.0000%	8h	460.70	+0.100%	$1.5M	$6.6M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	459.93	−0.068%	$64K	$44K	—	as long as short
GRVT AMAT_USDT_Perplong	0.0000%	8h	460.24	long leg	$262	$108K	10x
BloFin AMAT-USDT	+0.0017%	8h	460.04	−0.043%	$109K	$109K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	460.32	+0.017%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	460.74	+0.109%	$2.5M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	460.07	−0.037%	$399K	$550K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	461.02	+0.169%	$1K	$378K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	461.12	+0.191%	$168K	$39K	20x	as long as short
Phoenix AMAT	+0.0225%	1h	460.67	+0.093%	$18K	$110K	10x	as long as short