Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.010%
Price spread now: OKX against GRVT+0.093%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)−0.223%−$22 · spread now +0.093%, 7d avg −0.025%
=Together, before fees−0.384%+ Points / potential airdropGRVT: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.118% dearer against GRVT than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GLW_USDT_Perp | 161.51 | 0.0209 | pay 0.0209% / 8h | 7h 52m | $102 | $172K | 10x |
| Short | OKX GLW-USDT-SWAP | 161.66 | 0.0254 | get 0.0254% / 8h | 7h 52m | $2.3M | $4.4M | 20x |
Funding 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
- $9.35
- Price spread: +0.093% → −0.025%
- $11.82
- Slippage, 4 orders
- −$37.85
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.67
- Costs to cover
- 0.568%
- Break-even
- 33.7 days
Slippage from GRVT: live order book, 15 min ago; OKX: live order book, 5 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, 15 min ago | 1.86 bp | 12.5 bp −$13 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.55 bp | 11.7 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
GLW on 17 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 GLWUSDT | 0.0000% | 8h | 161.82 | +0.190% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.67 | +0.099% | $936K | $193K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.49 | −0.012% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.61 | +0.062% | $999 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.75 | +0.149% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.70 | +0.118% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.59 | +0.050% | $301K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.64 | +0.080% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.51 | 0.000% | $321K | $30K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.65 | +0.087% | $325K | $1.0M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.72 | +0.130% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0209% | 8h | 161.51 | long leg | $102 | $172K | 10x | |
| Bitget GLWUSDT | +0.0227% | 8h | 161.59 | +0.050% | $2.2M | $817K | 20x | as long as short |
| OKX GLW-USDT-SWAPshort | +0.0254% | 8h | 161.66 | +0.093% | $2.3M | $4.4M | 20x | |
| BloFin GLW-USDT | +0.0582% | 8h | 161.69 | +0.111% | $150K | $36K | 20x | as long as short |
| Binance GLWUSDT | +0.0582% | 8h | 161.73 | +0.137% | $11.1M | $21.2M | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.68 | +0.108% | $2K | $2K | 10x | as long as short |
GRVT GLW_USDT_Perp
OKX GLW-USDT-SWAP
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
KuCoin GLWUSDTM
Bitget GLWUSDT
BloFin GLW-USDT
Binance GLWUSDT
Extended GLW-USD