BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.267%

Price spread now: GRVT against OKX−0.071%91s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$204as 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−$2162.159% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.071%, 7d avg +0.004%

Together, before fees+0.124%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.075% cheaper against OKX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.004%). If the spread goes back, that is −$7 on $10k: about 5.5 days of funding at the current rate (+$1 a day). The two prices were read 91 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	OKX BX-USDT-SWAP	126.46	0	get 0.0000% / 8h	40m 02s	$163K	$112K	20x
Short	GRVT BX_USDT_Perp	126.37	0.0045	get 0.0045% / 8h	40m 02s	$301	$100K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee GRVTbpOrdersPrice spread, now −0.071%Rate

Funding earned: $9.45
Price spread: −0.071% → +0.004%: −$7.46
Slippage, 4 orders: −$196.91
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$213.91
Costs to cover: 2.159%
Break-even: 165.5 days

Slippage from OKX: live order book, 60 min ago; GRVT: live order book, 56 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, 60 min ago	3.17 bp	62.1 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 56 min ago	6.34 bp	36.6 bp −$37	doesn't fit	doesn't fit	doesn't fit

BX 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 BXUSDT	0.0000%	8h	126.25	−0.169%	$5K	$868	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.40	−0.048%	$773K	$482K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.41	−0.040%	$482K	$803K	25x	as long as short
OKX BX-USDT-SWAPlong	0.0000%	8h	126.46	long leg	$163K	$112K	20x
QFEX BX-USD	0.0000%	1h	126.91	+0.356%	$1.1M	$1.4M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.47	+0.008%	$422K	$25K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.42	−0.032%	$899K	$31K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.38	−0.067%	$43K	$12K	—	as long as short
SunX BX-USDT	0.0000%	8h	126.40	−0.047%	$310	$288K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.47	+0.008%	$7K	$4K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BX_USDT_Perpshort	+0.0045%	8h	126.37	−0.071%	$301	$100K	10x
tradeXYZ xyz:BX	+0.0050%	1h	126.29	−0.134%	$664K	$225K	10x	as long as short
KuCoin BXUSDTM	+0.0100%	8h	126.18	−0.221%	$110K	$777K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.74	+9.711%	$4K	$32K	12x	as long as short