Funding you earn now, next payment 00:00 UTC−0.0556%/8h= −60.9% APRnext payment −$5.56 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against GRVT+0.024%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.024%, 7d avg −0.023%
=Together, before fees−0.197%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.046% dearer against GRVT than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.023%): +$5 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.164% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.56 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 CBRS_USDT_Perp | 209.37 | 0.0556 | pay 0.0556% / 8h | 21m 16s | $488 | $222K | 10x |
| Short | OKX CBRS-USDT-SWAP | 209.42 | 0 | get 0.0000% / 8h | 21m 16s | $2.2M | $3.6M | 25x |
GRVT CBRS_USDT_Perp
OKX CBRS-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
- −$116.76
- Price spread: +0.024% → −0.023%
- $4.65
- Slippage, 4 orders
- −$57.95
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$189.06
- Costs to cover
- 0.769%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 56 min ago; OKX: live order book, 1 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, 56 min ago | 2.15 bp | 16.8 bp −$17 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.95 bp | 16.4 bp −$16 | 68.6 bp −$686 | doesn't fit | doesn't fit |
CBRS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0599% | 4h | 209.31 | −0.026% | $24K | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0561% | 1h | 209.33 | −0.019% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0194% | 1h | 209.22 | −0.072% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.37 | +0.001% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.54 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 209.42 | +0.024% | $2.2M | $3.6M | 25x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | +0.005% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.024% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.124% | $964 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.52 | +0.072% | $9K | $7K | 20x | as long as short |
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | +0.0006% | 8h | 209.40 | +0.014% | $2.9M | $3.1M | 50x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 209.11 | −0.124% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.444% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.40 | +0.014% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.48 | +0.053% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.25 | −0.057% | $57K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.27 | −0.048% | $342K | $919K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.40 | +0.014% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.32 | −0.024% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.32 | −0.024% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.40 | +0.013% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0445% | 8h | 209.32 | −0.025% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0456% | 8h | 209.39 | +0.010% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0476% | 8h | 209.34 | −0.014% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0480% | 1h | 209.29 | −0.038% | $43K | $246K | 10x | as long as short |
| GRVT CBRS_USDT_Perplong | +0.0556% | 8h | 209.37 | long leg | $488 | $222K | 10x |
Gate CBRS_USDT
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD