Funding you earn now, next payment 08:00 UTC+0.0304%/8h= +33.2% APRnext payment +$3.04 per $10,000 · paid last 24h −0.029%
Price spread now: GRVT against OKX−0.039%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.039%, 7d avg −0.025%
=Together, before fees−0.131%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.04 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 DELL-USDT-SWAP | 574.07 | 0.0246 | pay 0.0246% / 8h | 1h 05m | $5.8M | $6.7M | 20x |
| Short | GRVT DELL_USDT_Perp | 573.85 | 0.0550 | get 0.0550% / 8h | 1h 05m | $1K | $147K | 10x |
OKX DELL-USDT-SWAP
GRVT DELL_USDT_PerpFunding 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
- $63.74
- Price spread: −0.039% → −0.025%
- −$1.39
- Slippage, 4 orders
- −$43.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$0.56
- Costs to cover
- 0.629%
- Break-even
- 7.1 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 32 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, 3 min ago | 0.96 bp | 22.5 bp −$23 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 32 min ago | 1.83 bp | 12.6 bp −$13 | doesn't fit | 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 | 573.91 | −0.029% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 574.00 | −0.012% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.92 | −0.026% | $3.7M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.49 | +0.073% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.418% | $8K | $83K | 12x | as long as short |
| Bybit DELLUSDT | +0.0093% | 8h | 574.07 | 0.000% | $6.1M | $4.0M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0098% | 1h | 573.61 | −0.080% | $7.5M | $6.9M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.66 | −0.071% | $940K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.57 | +0.087% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.25 | +0.031% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0188% | 1h | 573.82 | −0.044% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0246% | 8h | 574.07 | long leg | $5.8M | $6.7M | 20x | |
| Variational Omni DELL | +0.0452% | 8h | 574.26 | +0.034% | $259K | $61K | — | as long as short |
| Binance DELLUSDT | +0.0543% | 8h | 574.10 | +0.005% | $18.4M | $66.9M | 20x | as long as short |
| Extended DELL-USD | +0.0544% | 1h | 573.89 | −0.032% | $335K | $1.1M | 10x | as long as short |
| GRVT DELL_USDT_Perpshort | +0.0550% | 8h | 573.85 | −0.039% | $1K | $147K | 10x | |
| BloFin DELL-USDT | +0.0558% | 8h | 574.16 | +0.016% | $323K | $234K | 20x | as long as short |
| Nado DELL-PERP | +0.0860% | 1h | 574.07 | +0.001% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.0863% | 1h | 573.52 | −0.096% | $3K | $228K | 10x | as long as short |
| edgeX DELLUSDC | +0.0911% | 4h | 573.81 | −0.045% | $5K | $333K | 10x | as long as short |
Polymarket Perps DELL-USD
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL
edgeX DELLUSDC