Funding you earn now, next payment 08:00 UTC−0.0434%/8h= −47.5% APRnext payment −$4.34 per $10,000 · paid last 24h −0.067%
Price spread now: OKX against GRVT+0.143%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9,254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9,231as in the Price arb table
costs, in and out, $10k−$9,23892.382% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.143%, 7d avg +0.074%
=Together, before fees−0.243%+ Points / potential airdropGRVT: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.069% dearer against GRVT than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.074%): +$7 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.155% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.34 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 BRKB_USDT_Perp | 503.66 | 0.0890 | pay 0.0890% / 8h | 2h 31m | $2K | $226K | 10x |
| Short | OKX BRKB-USDT-SWAP | 504.38 | 0.0456 | get 0.0456% / 8h | 2h 31m | $483K | $151K | 20x |
GRVT BRKB_USDT_Perp
OKX BRKB-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
- −$91.18
- Price spread: +0.143% → +0.074%
- $6.92
- Slippage, 4 orders
- −$9,219.24
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$9,322.5
- Costs to cover
- 92.382%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 16 min ago; OKX: live order book, 15 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, 16 min ago | 1.79 bp | 9096.3 bp −$9,096 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 15 min ago | 1.29 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BRKB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BRK.B-USD | −0.0003% | 1h | 502.64 | −0.203% | $1.1M | $3.1M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 503.38 | −0.056% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 503.87 | +0.042% | $98K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 504.60 | +0.187% | $530K | $27K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.81 | +0.030% | $367K | $71K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.71 | +0.010% | $1K | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.10 | +0.087% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.84 | +0.036% | $1.3M | $62K | 10x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.27 | +0.121% | $45K | $1.4M | 20x | as long as short |
| Variational Omni BRKB | +0.0236% | 8h | 503.65 | −0.002% | $427K | $19K | — | as long as short |
QFEX BRK.B-USD
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
KuCoin BRKBUSDTM
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRKBUSDT | +0.0448% | 8h | 503.74 | +0.016% | $2.6M | $1.5M | 20x | as long as short |
| OKX BRKB-USDT-SWAPshort | +0.0456% | 8h | 504.38 | +0.143% | $483K | $151K | 20x | |
| GRVT BRKB_USDT_Perplong | +0.0890% | 8h | 503.66 | long leg | $2K | $226K | 10x | |
| edgeX BRKBUSDC | +0.0934% | 4h | 503.63 | −0.007% | $26K | $248K | 10x | as long as short |
Binance BRKBUSDT
edgeX BRKBUSDC