Funding you earn now, next payment 16:00 UTC+0.0408%/8h= +44.7% APRnext payment +$4.08 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against OKX+0.018%61s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as 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−$1441.443% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.018%, 7d avg +0.028%
=Together, before fees+0.025%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.08 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 | OKX CSCO-USDT-SWAP | 111.39 | 0 | get 0.0000% / 8h | 7h 44m | $269K | $162K | 20x |
| Short | GRVT CSCO_USDT_Perp | 111.41 | 0.0408 | get 0.0408% / 8h | 7h 44m | $473 | $160K | 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
- $85.68
- Price spread: +0.018% → +0.028%
- −$1.04
- Slippage, 4 orders
- −$125.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$59.69
- Costs to cover
- 1.443%
- Break-even
- 11.9 days
Slippage from OKX: live order book, 51 min ago; GRVT: live order book, 53 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, 51 min ago | 2.69 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 2.24 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CSCOUSDT | 0.0000% | 8h | 111.23 | −0.144% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.35 | −0.036% | $738K | $510K | 20x | as long as short |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.27 | −0.108% | $409K | $31K | 25x | as long as short |
| OKX CSCO-USDT-SWAPlong | 0.0000% | 8h | 111.39 | long leg | $269K | $162K | 20x | |
| Gate CSCO_USDT | 0.0000% | 8h | 111.32 | −0.063% | $304K | $9K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.33 | −0.054% | $320K | $85K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.34 | −0.043% | $36K | $44K | — | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.36 | −0.027% | $2K | $1.5M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.41 | +0.018% | $6K | $3K | 10x | as long as short |
| Phemex CSCOUSDT | 0.0000% | 8h | 111.33 | −0.054% | $1.3M | $40K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.25 | −0.126% | $328K | $874K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.27 | −0.112% | $232K | $2K | 10x | as long as short |
| GRVT CSCO_USDT_Perpshort | +0.0408% | 8h | 111.41 | +0.018% | $473 | $160K | 10x |
OKX CSCO-USDT-SWAP
GRVT CSCO_USDT_Perp
Aster CSCOUSDT
Binance CSCOUSDT
Bybit CSCOUSDT
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDT
Phemex CSCOUSDT
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD