Funding you earn now, next payment 00:00 UTC+0.0425%/8h= +46.5% APRnext payment +$4.25 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against GRVT−0.026%101s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as 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−$390.386% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.026%, 7d avg +0.025%
=Together, before fees+0.163%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.051% cheaper against GRVT than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.025%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.155% in total) that is about 2.3 days. The two prices were read 101 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 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.25 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 DELL_USDT_Perp | 575.71 | 0 | get 0.0000% / 8h | 1h 15m | $708 | $177K | 10x |
| Short | OKX DELL-USDT-SWAP | 575.56 | 0.0425 | get 0.0425% / 8h | 1h 15m | $5.8M | $6.8M | 20x |
GRVT DELL_USDT_Perp
OKX DELL-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
- $89.27
- Price spread: −0.026% → +0.025%
- −$5.05
- Slippage, 4 orders
- −$19.57
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $45.65
- Costs to cover
- 0.386%
- Break-even
- 3.4 days
Slippage from GRVT: live order book, 1 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, 1 min ago | 1.30 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.61 bp | 11.6 bp −$12 | 54.9 bp −$549 | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 575.03 | −0.118% | $21K | $50K | 20x | as long as short |
| Extended DELL-USD | 0.0000% | 1h | 575.45 | −0.044% | $338K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | 0.0000% | 8h | 575.60 | −0.019% | $18.7M | $65.6M | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.31 | −0.069% | $4.5M | $7.8M | 50x | as long as short |
| Variational Omni DELL | 0.0000% | 8h | 575.68 | −0.005% | $260K | $82K | — | as long as short |
| GRVT DELL_USDT_Perplong | 0.0000% | 8h | 575.71 | long leg | $708 | $177K | 10x | |
| BloFin DELL-USDT | +0.0015% | 8h | 575.51 | −0.035% | $318K | $218K | 20x | as long as short |
| Bitget DELLUSDT | +0.0027% | 8h | 575.11 | −0.104% | $3.3M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.79 | +0.014% | $34K | $11K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.702% | $8K | $83K | 12x | as long as short |
Aster DELLUSDT
Extended DELL-USD
Binance DELLUSDT
Gate DELL_USDT
Variational Omni DELL
BloFin DELL-USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.64 | −0.186% | $7.3M | $7.3M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.97 | −0.128% | $943K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.02 | +0.054% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.10 | +0.068% | $18K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0182% | 8h | 575.29 | −0.073% | $5.9M | $3.6M | 50x | as long as short |
| Polymarket Perps DELL-USD | +0.0258% | 1h | 575.27 | −0.076% | $753 | $23K | 10x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0425% | 8h | 575.56 | −0.026% | $5.8M | $6.8M | 20x | |
| Phoenix DELL | +0.0528% | 1h | 574.97 | −0.128% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0687% | 1h | 574.92 | −0.137% | $70K | $13K | 10x | as long as short |
| edgeX DELLUSDC | +0.0756% | 4h | 575.71 | 0.000% | $5K | $333K | 10x | as long as short |
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
Polymarket Perps DELL-USD
Phoenix DELL
Nado DELL-PERP
edgeX DELLUSDC