Funding you earn now, next payment 08:00 UTC+0.1014%/8h= +111.0% APRnext payment +$10.14 per $10,000 · paid last 24h −0.064%
Price spread now: GRVT against OKX−0.200%111s7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8,825as 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−$8,82888.278% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.200%, 7d avg −0.070%
=Together, before fees+0.095%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.130% cheaper against OKX than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.070%). If the spread goes back, that is −$13 on $10k: about 10 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.023% in total) that is about 39 days. The two prices were read 111 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 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.14 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 | OKX BRKB-USDT-SWAP | 505.35 | 0 | get 0.0000% / 8h | 6h 45m | $486K | $140K | 20x |
| Short | GRVT BRKB_USDT_Perp | 504.34 | 0.1014 | get 0.1014% / 8h | 6h 45m | $3K | $217K | 10x |
OKX BRKB-USDT-SWAP
GRVT BRKB_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
- $212.94
- Price spread: −0.200% → −0.070%
- −$13
- Slippage, 4 orders
- −$8,808.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$8,627.83
- Costs to cover
- 88.278%
- Break-even
- 290.6 days
Slippage from OKX: live order book, 20 min ago; GRVT: live order book, 22 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, 20 min ago | 0.89 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 22 min ago | 1.19 bp | 14.8 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BRKBUSDT | 0.0000% | 8h | 504.12 | −0.244% | $297K | $30K | 20x | as long as short |
| Binance BRKBUSDT | 0.0000% | 8h | 504.36 | −0.196% | $2.6M | $1.5M | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 505.05 | −0.059% | $105K | $13K | 25x | as long as short |
| OKX BRKB-USDT-SWAPlong | 0.0000% | 8h | 505.35 | long leg | $486K | $140K | 20x | |
| Gate BRKB_USDT | 0.0000% | 8h | 504.30 | −0.208% | $523K | $22K | 20x | as long as short |
| Variational Omni BRKB | 0.0000% | 8h | 504.35 | −0.199% | $426K | $13K | — | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 504.39 | −0.190% | $2K | $1.4M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.74 | −0.121% | $6K | $38K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 504.40 | −0.188% | $1.3M | $60K | 10x | as long as short |
| QFEX BRK.B-USD | +0.0043% | 1h | 503.20 | −0.425% | $1.1M | $3.1M | 10x | as long as short |
Aster BRKBUSDT
Binance BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Variational Omni BRKB
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
QFEX BRK.B-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.81 | −0.107% | $40K | $1.4M | 20x | as long as short |
| Bitget BRKBUSDT | +0.0216% | 8h | 504.42 | −0.184% | $365K | $70K | 20x | as long as short |
| edgeX BRKBUSDC | +0.0401% | 4h | 504.31 | −0.205% | $26K | $250K | 10x | as long as short |
| GRVT BRKB_USDT_Perpshort | +0.1014% | 8h | 504.34 | −0.200% | $3K | $217K | 10x |
KuCoin BRKBUSDTM
Bitget BRKBUSDT
edgeX BRKBUSDC