Funding you earn now, next payment 12:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against OKX−0.360%91s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as 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−$260.258% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.374%+$37 · spread now −0.360%, 7d avg +0.016%
=Together, before fees+0.369%+ Points / potential airdropGRVT: Active · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.376% cheaper against OKX than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.016%. 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 BZ-USDT-SWAP | 94.780 | 0 | get 0.0000% / 4h | 47m 57s | $15.8M | $30.1M | 50x |
| Short | GRVT BZ_USDT_Perp | 94.439 | −0.0006 | pay 0.0003% / 4h | 47m 57s | $16K | $307K | 25x |
OKX BZ-USDT-SWAP
GRVT BZ_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
- −$1.26
- Price spread: −0.360% → +0.016%
- −$37.56
- Slippage, 4 orders
- −$6.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$64.63
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; GRVT: live order book, 57 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, 4 min ago | 0.53 bp | 6.6 bp −$7 | 9.2 bp −$92 | 39.6 bp −$3,960 | doesn't fit |
| Sell GRVT live order book, 57 min ago | 0.53 bp | 6.0 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
BZ on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx BZ/USDC | −0.0384% | 1h | 94.889 | +0.115% | $2.2M | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0382% | 1h | 94.830 | +0.053% | $29K | $383K | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0335% | 1h | 94.894 | +0.121% | $107K | $277K | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0080% | 1h | 94.950 | +0.179% | $236K | $1.3M | 15x | as long as short |
| Bybit BZUSDT | −0.0065% | 8h | 94.800 | +0.021% | $10.5M | $18.0M | 100x | as long as short |
| BloFin BZ-USDT | −0.0056% | 4h | 94.890 | +0.116% | $1.5M | $124K | 50x | as long as short |
| Binance BZUSDT | −0.0022% | 4h | 94.823 | +0.045% | $146.0M | $477.6M | 100x | as long as short |
| edgeX BZUSDC | −0.0015% | 4h | 94.416 | −0.384% | $217K | $231K | 20x | as long as short |
| GRVT BZ_USDT_Perpshort | −0.0006% | 4h | 94.439 | −0.360% | $16K | $307K | 25x | |
| Aster BZUSDT | 0.0000% | 4h | 94.834 | +0.057% | $326K | $684K | 50x | as long as short |
RISEx BZ/USDC
Deribit BRENTOIL_USDC-PERPETUAL
Kraken Futures PF_BRENTOILUSD
Coinbase International BRENTOIL-PERP-INTX
Bybit BZUSDT
BloFin BZ-USDT
Binance BZUSDT
edgeX BZUSDC
Aster BZUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAPlong | 0.0000% | 4h | 94.780 | long leg | $15.8M | $30.1M | 50x | |
| Gate BZ_USDT | 0.0000% | 8h | 94.820 | +0.042% | $8.9M | $13.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 94.800 | +0.021% | $27.5M | $31.2M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 94.410 | −0.390% | $8.9M | $6.7M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 94.860 | +0.084% | $4K | $1.6M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 95.000 | +0.232% | $243K | $312K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 94.930 | +0.158% | $1.2M | $101K | 100x | as long as short |
| Aftermath Perps BRENTUSD | +0.0008% | 1h | 94.521 | −0.273% | $7K | $37K | 5x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 95.430 | +0.686% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0016% | 1h | 98.630 | +4.062% | — | $736K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 94.850 | +0.074% | $3.5M | $5.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 94.824 | +0.047% | $759K | $4.0M | 10x | as long as short |
| Injective BRENT/USDC PERP | +0.0033% | 1h | 94.836 | +0.059% | $8K | $7K | 30x | as long as short |
| Paradex BZ-USD-PERP | +0.0037% | 8h | 94.851 | +0.075% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 94.890 | +0.116% | $142.5M | $187.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 94.958 | +0.188% | $1.5M | $506K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 94.940 | +0.169% | $3.0M | $1.2M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 94.750 | −0.032% | $3.3M | $1.1M | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 94.410 | −0.390% | $25K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0166% / S −0.0429% | 1h | 94.905 | +0.132% | $22K | — | 111x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0184% | 1h | 94.480 | −0.317% | $33K | — | 20x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Aftermath Perps BRENTUSD
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Injective BRENT/USDC PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Hotstuff BRENTOIL-PERP