Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against GRVT+0.007%101s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$610.608% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.007%, 7d avg −0.013%
=Together, before fees−0.440%+ Points / potential airdropGRVT: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 101 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 BE_USDT_Perp | 274.78 | 0 | get 0.0000% / 8h | 3h 51m | $7K | $163K | 10x |
| Short | OKX BE-USDT-SWAP | 274.80 | 0.0137 | get 0.0137% / 8h | 3h 51m | $2.7M | $6.8M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.83
- Price spread: +0.007% → −0.013%
- $1.97
- Slippage, 4 orders
- −$41.85
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$30.04
- Costs to cover
- 0.608%
- Break-even
- 14.3 days
Slippage from GRVT: live order book, 61 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, 61 min ago | 2.18 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.18 bp | 13.0 bp −$13 | 82.0 bp −$820 | doesn't fit | doesn't fit |
BE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.47 | −0.115% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.50 | −0.102% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.56 | −0.080% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perplong | 0.0000% | 8h | 274.78 | long leg | $7K | $163K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 274.85 | +0.025% | $847 | $2.4M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 274.42 | −0.131% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.92 | +0.051% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.38 | −0.146% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.50 | −0.102% | $251K | $290K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.85 | +0.025% | $1.3M | $2.7M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0040% | 1h | 274.50 | −0.100% | $46K | $260K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.73 | −0.018% | $115K | $109K | 10x | as long as short |
| Binance BEUSDT | +0.0041% | 8h | 274.57 | −0.077% | $8.5M | $36.5M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.86 | +0.029% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.46 | −0.117% | $5.9M | $2.6M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.619% | $473K | $128K | 10x | as long as short |
| Bybit BEUSDT | +0.0068% | 8h | 274.57 | −0.077% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.53 | −0.091% | $371K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.57 | −0.075% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAPshort | +0.0137% | 8h | 274.80 | +0.007% | $2.7M | $6.8M | 25x | |
| BloFin BE-USDT | +0.0162% | 8h | 275.00 | +0.080% | $45K | $142K | 20x | as long as short |
GRVT BE_USDT_Perp
OKX BE-USDT-SWAP
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter BE
Lighter RH BE
Extended BE-USD
Binance BEUSDT
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
Bybit BEUSDT
KuCoin BEUSDTM
BloFin BE-USDT