Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: GRVT against OKX+0.172%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.125%+$13 · spread now +0.172%, 7d avg +0.014%
=Together, before fees+0.152%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.159% dearer against OKX than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of +0.014%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BE-USDT-SWAP | 271.85 | 0.0050 | pay 0.0050% / 8h | 3h 01m | $2.6M | $6.9M | 25x |
| Short | GRVT BE_USDT_Perp | 272.32 | 0 | get 0.0000% / 8h | 3h 01m | $7K | $162K | 10x |
OKX BE-USDT-SWAP
GRVT BE_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
- −$10.6
- Price spread: +0.172% → +0.014%
- $15.86
- Slippage, 4 orders
- −$48.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.62
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 47 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, 2 min ago | 2.39 bp | 15.0 bp −$15 | 77.5 bp −$775 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 47 min ago | 3.28 bp | 19.0 bp −$19 | doesn't fit | 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 | 271.91 | +0.022% | $342K | $120K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.68 | −0.064% | $47K | $262K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.78 | −0.026% | $8.3M | $36.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.70 | −0.055% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 271.96 | +0.040% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 272.32 | +0.172% | $7K | $162K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 271.79 | −0.022% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.05 | +0.074% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0002% | 8h | 271.97 | +0.044% | $2.0M | $1.1M | 25x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.61 | −0.088% | — | — | 10x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 271.68 | −0.063% | $248K | $291K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 272.00 | +0.055% | $1.3M | $2.6M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.91 | +0.022% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.96 | +0.040% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.69 | −0.059% | $5.9M | $2.7M | 10x | as long as short |
| OKX BE-USDT-SWAPlong | +0.0050% | 8h | 271.85 | long leg | $2.6M | $6.9M | 25x | |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 271.77 | −0.029% | $475K | $136K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.80 | −0.018% | $367K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.75 | −0.035% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.03 | +0.066% | $45K | $144K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0229% | 1h | 271.76 | −0.033% | $6K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL