Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against OKX−0.161%61s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$570.568% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 3 days (all we have)+0.291%+$29 · spread now −0.161%, 7d avg +0.025%
=Together, before fees+0.416%+ Points / potential airdropGRVT: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.186% cheaper against OKX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLW-USDT-SWAP | 161.77 | 0.0256 | pay 0.0256% / 8h | 7h 54m | $2.3M | $4.5M | 20x |
| Short | GRVT GLW_USDT_Perp | 161.51 | 0.0209 | get 0.0209% / 8h | 7h 54m | $102 | $172K | 10x |
OKX GLW-USDT-SWAP
GRVT GLW_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
- −$9.87
- Price spread: −0.161% → +0.025%
- −$18.61
- Slippage, 4 orders
- −$37.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$85.32
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 13 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 | 1.55 bp | 18.1 bp −$18 | 65.8 bp −$658 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 13 min ago | 1.86 bp | 14.5 bp −$15 | doesn't fit | 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 | 161.76 | −0.009% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.50 | −0.167% | $935K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.39 | −0.235% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.70 | −0.043% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.75 | −0.012% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.66 | −0.068% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.42 | −0.216% | $301K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.61 | −0.099% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.51 | −0.161% | $321K | $30K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.56 | −0.130% | $326K | $1.0M | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Paragon para:GLW
KuCoin GLWUSDTMShow 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 | 161.50 | −0.167% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perpshort | +0.0209% | 8h | 161.51 | −0.161% | $102 | $172K | 10x | |
| Bitget GLWUSDT | +0.0218% | 8h | 161.56 | −0.130% | $2.2M | $817K | 20x | as long as short |
| OKX GLW-USDT-SWAPlong | +0.0256% | 8h | 161.77 | long leg | $2.3M | $4.5M | 20x | |
| BloFin GLW-USDT | +0.0570% | 8h | 161.36 | −0.253% | $150K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0584% | 1h | 161.59 | −0.109% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0584% | 8h | 161.62 | −0.093% | $11.0M | $21.2M | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
Bitget GLWUSDT
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT