Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: OKX against GRVT−0.047%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.047%, 7d avg −0.014%
=Together, before fees+0.094%+ Points / potential airdropGRVT: Active · farm board+$9 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: OKX is 0.033% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COIN_USDT_Perp | 197.39 | 0 | get 0.0000% / 8h | 5h 55m | $14K | $2.1M | 10x |
| Short | OKX COIN-USDT-SWAP | 197.30 | 0 | get 0.0000% / 8h | 5h 55m | $3.0M | $4.6M | 20x |
Funding 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
- $0
- Price spread: −0.047% → −0.014%
- −$3.26
- Slippage, 4 orders
- −$21.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.87
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago | 1.52 bp | 9.5 bp −$9 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.27 bp | 11.7 bp −$12 | 24.9 bp −$249 | doesn't fit | doesn't fit |
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0694% | 8h | 197.41 | +0.009% | $6.3M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.40 | +0.004% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0137% | 8h | 197.28 | −0.057% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0085% | 1h | 196.92 | −0.239% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.51 | +0.061% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.35 | −0.020% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.31 | −0.042% | $15.1M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.27 | −0.062% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 197.30 | −0.047% | $3.0M | $4.6M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 197.59 | +0.099% | $817K | $905K | — | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 197.39 | long leg | $14K | $2.1M | 10x | |
| QFEX COIN-USD | +0.0016% | 1h | 197.30 | −0.047% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.34 | −0.025% | $365K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.36 | −0.016% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.62 | +0.115% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.23 | −0.082% | $15.7M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.20 | −0.097% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.50 | +0.055% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.22 | −0.087% | $350K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.31 | −0.042% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.36 | −0.016% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.31 | −0.042% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.58 | +0.096% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.32 | −0.036% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0733% | 4h | 197.37 | −0.009% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
OKX COIN-USDT-SWAP
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Variational Omni COIN
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Phoenix COIN
edgeX COINUSDC