Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.105%
Price spread now: GRVT against OKX−0.068%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2352.351% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.068%, 7d avg −0.007%
=Together, before fees+0.133%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.061% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWZ-USDT-SWAP | 37.970 | 0 | get 0.0000% / 8h | 2h 11m | $124K | $39K | 20x |
| Short | GRVT EWZ_USDT_Perp | 37.944 | 0 | get 0.0000% / 8h | 2h 11m | $3 | $135K | 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
- $0
- Price spread: −0.068% → −0.007%
- −$6.1
- Slippage, 4 orders
- −$216.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$241.15
- Costs to cover
- 2.351%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; GRVT: live order book, 31 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, 33 min ago | 6.59 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 6.59 bp | 39.0 bp −$39 | 72.8 bp −$728 | doesn't fit | doesn't fit |
EWZ 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWZ | −0.0448% | 1h | 37.950 | −0.053% | $592K | $81K | 20x | as long as short |
| KuCoin EWZUSDTM | −0.0248% | 8h | 37.890 | −0.211% | $24K | $719K | 20x | as long as short |
| Aster EWZUSDT | 0.0000% | 8h | 37.963 | −0.018% | $9K | $50 | 20x | as long as short |
| Binance EWZUSDT | 0.0000% | 8h | 37.940 | −0.079% | $295K | $227K | 20x | as long as short |
| Bybit EWZUSDT | 0.0000% | 8h | 37.920 | −0.132% | $327K | $15K | 25x | as long as short |
| OKX EWZ-USDT-SWAPlong | 0.0000% | 8h | 37.970 | long leg | $124K | $39K | 20x | |
| Gate EWZ_USDT | 0.0000% | 8h | 37.930 | −0.105% | $61K | $7K | 20x | as long as short |
| MEXC EWZ_USDT | 0.0000% | 8h | 37.940 | −0.079% | $721K | $82K | 50x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 37.960 | −0.026% | $77K | $22K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 37.949 | −0.056% | $49K | $6K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWZ_USDT_Perpshort | 0.0000% | 8h | 37.944 | −0.068% | $3 | $135K | 10x | |
| SunX EWZ-USDT | 0.0000% | 8h | 37.930 | −0.105% | $979 | $467K | 10x | as long as short |
| HTX EWZ-USDT | 0.0000% | 8h | 37.930 | −0.105% | $5K | $7K | 10x | as long as short |
OKX EWZ-USDT-SWAP
GRVT EWZ_USDT_Perp
tradeXYZ xyz:EWZ
KuCoin EWZUSDTM
Aster EWZUSDT
Binance EWZUSDT
Bybit EWZUSDT
Gate EWZ_USDT
MEXC EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZ
SunX EWZ-USDT
HTX EWZ-USDT