Funding you earn now, next payment 08:00 UTC+0.0300%/8h= +32.8% APRnext payment +$3.00 per $10,000 · paid last 24h −0.031%
Price spread now: OKX against GRVT+0.166%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)−0.180%−$18 · spread now +0.166%, 7d avg −0.003%
=Together, before fees−0.229%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.169% dearer against GRVT than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.003%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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 EWY_USDT_Perp | 190.04 | 0 | get 0.0000% / 8h | 7h 29m | $752K | $384K | 10x |
| Short | OKX EWY-USDT-SWAP | 190.36 | 0.0300 | get 0.0300% / 8h | 7h 29m | $4.1M | $3.6M | 50x |
GRVT EWY_USDT_Perp
OKX EWY-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
- $62.96
- Price spread: +0.166% → −0.003%
- $16.92
- Slippage, 4 orders
- −$11.73
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $49.15
- Costs to cover
- 0.307%
- Break-even
- 1.5 days
Slippage from GRVT: live order book, 44 min ago; OKX: live order book, 3 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, 44 min ago | 1.58 bp | 7.4 bp −$7 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.79 bp | 8.0 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
EWY on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EWYUSDT | 0.0000% | 8h | 190.28 | +0.124% | $5.3M | $4.2M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.19 | +0.077% | $4.1M | $3.3M | 50x | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 190.04 | long leg | $752K | $384K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 190.16 | +0.061% | — | $2.7M | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | 0.0000% | 1h | 190.21 | +0.087% | $2K | $13K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.08 | +0.019% | $26K | $28K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.28 | +0.124% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.15 | +0.056% | $379K | $54K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.33 | +0.150% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.19 | +0.077% | $196K | $143K | 20x | as long as short |
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
Deribit EWY_USDC-PERPETUAL
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERP
Popdex EWYUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.12 | +0.040% | $6.2M | $15.0M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.05 | +0.003% | $52K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.01 | −0.018% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.18 | +0.072% | $424 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.93 | −0.060% | $229K | $232K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0085% | 8h | 190.18 | +0.074% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.98 | −0.034% | $980K | $668K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.00 | −0.023% | $13K | $263K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.24 | +0.103% | $2K | $1K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.77 | −0.144% | $530K | $338K | 20x | as long as short |
| OKX EWY-USDT-SWAPshort | +0.0300% | 8h | 190.36 | +0.166% | $4.1M | $3.6M | 50x | |
| Bitget EWYUSDT | +0.0320% | 8h | 190.25 | +0.108% | $2.7M | $1.6M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0360% | 1h | 190.14 | +0.051% | $29K | $12K | 20x | as long as short |
| Aster EWYUSDT | +0.0502% | 8h | 190.23 | +0.099% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0597% | 8h | 190.06 | +0.006% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0616% | 1h | 190.23 | +0.097% | $302K | $717K | 10x | as long as short |
| Binance EWYUSDT | +0.0619% | 8h | 190.29 | +0.131% | $28.6M | $77.9M | 50x | as long as short |
| MEXC EWY_USDT | +0.0623% | 8h | 190.18 | +0.072% | $7.5M | $4.5M | 100x | as long as short |
| BloFin EWY-USDT | +0.0624% | 8h | 190.24 | +0.103% | $47K | $214K | 50x | as long as short |
| edgeX EWYUSDC | +0.0746% | 4h | 190.05 | +0.003% | $426K | $283K | 20x | as long as short |
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Coinbase International EWY-PERP-INTX
Bitget EWYUSDT
Hotstuff EWY-PERP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
Binance EWYUSDT
MEXC EWY_USDT
BloFin EWY-USDT
edgeX EWYUSDC