Funding you earn now, next payment 16:00 UTC+0.1315%/8h= +144.0% APRnext payment +$13.15 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against OKX−0.164%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.394%+$39 · spread now −0.164%, 7d avg +0.014%
=Together, before fees+0.490%+ Points / potential airdropGRVT: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.178% cheaper against OKX than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.014%). If the spread goes back, that is −$18 on $10k: about 11 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.096% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.15 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COHR-USDT-SWAP | 319.87 | 0.0019 | pay 0.0019% / 8h | 5h 53m | $1.1M | $2.1M | 25x |
| Short | GRVT COHR_USDT_Perp | 319.34 | 0.1334 | get 0.1334% / 8h | 5h 53m | $2K | $154K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $276.18
- Price spread: −0.164% → +0.014%
- −$17.81
- Slippage, 4 orders
- −$41.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $198.18
- Costs to cover
- 0.602%
- Break-even
- 2.0 days
Slippage from OKX: live order book, 2 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, 2 min ago | 2.50 bp | 10.0 bp −$10 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 56 min ago | 3.01 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
COHR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COHRUSDT | −0.0266% | 8h | 319.88 | +0.003% | $1.8M | $1.5M | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 319.65 | −0.070% | $49K | $45K | 20x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 319.68 | −0.059% | $986K | $671K | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 319.82 | −0.016% | $647K | $1.1M | 25x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 320.14 | +0.084% | — | $1.7M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 319.79 | −0.025% | $5K | $39K | 10x | as long as short |
| OKX COHR-USDT-SWAPlong | +0.0019% | 8h | 319.87 | long leg | $1.1M | $2.1M | 25x | |
| Paragon para:COHR | +0.0056% | 1h | 319.52 | −0.110% | $473K | $167K | 10x | as long as short |
| QFEX COHR-USD | +0.0066% | 1h | 319.94 | +0.022% | $1.2M | $2.5M | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 319.50 | −0.116% | $371K | $395K | 20x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo COHR-PERP | +0.0104% | 1h | 319.96 | +0.029% | — | — | 10x | as long as short |
| BloFin COHR-USDT | +0.0175% | 8h | 319.27 | −0.188% | $527 | $119K | 20x | as long as short |
| Extended COHR-USD | +0.0184% | 1h | 319.90 | +0.008% | $35K | $279K | 10x | as long as short |
| Binance COHRUSDT | +0.0186% | 8h | 320.03 | +0.051% | $7.5M | $11.2M | 25x | as long as short |
| GRVT COHR_USDT_Perpshort | +0.1334% | 8h | 319.34 | −0.164% | $2K | $154K | 10x |
OKX COHR-USDT-SWAP
GRVT COHR_USDT_Perp
Bitget COHRUSDT
Aster COHRUSDT
Bybit COHRUSDT
Gate COHR_USDT
SunX COHR-USDT
HTX COHR-USDT
Paragon para:COHR
KuCoin COHRUSDTM
BloFin COHR-USDT
Extended COHR-USD
Binance COHRUSDT