Funding you earn now, next payment 16:00 UTC+0.0650%/8h= +71.2% APRnext payment +$6.50 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against OKX−0.093%101s7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$840.843% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)+0.495%+$49 · spread now −0.093%, 7d avg +0.068%
=Together, before fees+0.574%+ Points / potential airdropGRVT: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.161% cheaper against OKX than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.068%). If the spread goes back, that is −$16 on $10k: about 20 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.079% in total) that is about 14 days. The two prices were read 101 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 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.50 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AXTI-USDT-SWAP | 78.930 | 0 | get 0.0000% / 8h | 5h 27m | $2.7M | $13.0M | 20x |
| Short | GRVT AXTI_USDT_Perp | 78.857 | 0.0650 | get 0.0650% / 8h | 5h 27m | $487 | $233K | 10x |
OKX AXTI-USDT-SWAP
GRVT AXTI_USDT_PerpFunding 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
- $136.5
- Price spread: −0.093% → +0.068%
- −$16.06
- Slippage, 4 orders
- −$65.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $36.11
- Costs to cover
- 0.843%
- Break-even
- 5.1 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 17 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, 3 min ago | 0.63 bp | 13.7 bp −$14 | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 17 min ago | 3.80 bp | 23.1 bp −$23 | 81.7 bp −$817 | doesn't fit | doesn't fit |
AXTI on 14 exchanges
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 AXTIUSDT | −0.0396% | 8h | 78.990 | +0.076% | $1.2M | $4.0M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.873 | −0.073% | $7K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.880 | −0.063% | $1.9M | $1.6M | 25x | as long as short |
| OKX AXTI-USDT-SWAPlong | 0.0000% | 8h | 78.930 | long leg | $2.7M | $13.0M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 78.930 | 0.000% | $1.7M | $6.6M | 50x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.770 | −0.203% | $1K | $781K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.910 | −0.025% | $19K | $33K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.830 | −0.127% | — | — | 10x | as long as short |
| Extended AXTI-USD | +0.0040% | 1h | 78.901 | −0.036% | $7K | $290K | 10x | as long as short |
| Binance AXTIUSDT | +0.0041% | 8h | 78.918 | −0.016% | $8.5M | $38.0M | 20x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
Extended AXTI-USD
Binance AXTIUSDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0058% | 1h | 78.920 | −0.013% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 78.850 | −0.101% | $594K | $686K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.924 | −0.008% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perpshort | +0.0650% | 8h | 78.857 | −0.093% | $487 | $233K | 10x |
QFEX AXTI-USD
KuCoin AXTIUSDTM
Aevo AXTI-PERP