Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against GRVT+0.239%61s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as 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−$1321.320% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.239%, 7d avg +0.041%
=Together, before fees−0.172%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.198% dearer against GRVT than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.041%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you. The two prices were read 61 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 | GRVT CRWD_USDT_Perp | 250.08 | 0.0032 | pay 0.0032% / 8h | 50m 33s | $985 | $124K | 10x |
| Short | OKX CRWD-USDT-SWAP | 250.68 | 0 | get 0.0000% / 8h | 50m 33s | $547K | $763K | 25x |
GRVT CRWD_USDT_Perp
OKX CRWD-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
- −$6.72
- Price spread: +0.239% → +0.041%
- $19.76
- Slippage, 4 orders
- −$113.04
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$119
- Costs to cover
- 1.320%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 51 min ago; OKX: live order book, 50 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, 51 min ago | 3.39 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 50 min ago | 6.59 bp | 52.8 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
CRWD on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 246.01 | −1.628% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0004% | 8h | 250.21 | +0.051% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.50 | +0.167% | $4K | $35K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.68 | +0.239% | $2.5M | $7.3M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 250.30 | +0.087% | $1.1M | $450K | 25x | as long as short |
| OKX CRWD-USDT-SWAPshort | 0.0000% | 8h | 250.68 | +0.239% | $547K | $763K | 25x | |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.71 | +0.251% | $306K | $442K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 250.64 | +0.224% | $68K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 250.72 | +0.255% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 250.20 | +0.047% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 250.63 | +0.219% | $1.5M | $219K | 10x | as long as short |
| QFEX CRWD-USD | +0.0017% | 1h | 250.53 | +0.179% | $1.2M | $2.7M | 10x | as long as short |
| GRVT CRWD_USDT_Perplong | +0.0032% | 8h | 250.08 | long leg | $985 | $124K | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.31 | +0.091% | $100K | — | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.39 | +0.123% | $34K | $237K | 20x | as long as short |
| Phoenix CRWD | +0.0128% | 1h | 250.25 | +0.067% | $3 | $121K | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0160% | 1h | 250.57 | +0.195% | $894K | $682K | 10x | as long as short |
| Paragon para:CRWD | +0.0368% | 1h | 250.39 | +0.123% | $84K | $108K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Phoenix CRWD
tradeXYZ xyz:CRWD
Paragon para:CRWD