Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.67 per $10,000 · paid last 24h +0.062%
Price spread now: OKX against GRVT+0.059%91s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$290.286% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.059%, 7d avg +0.012%
=Together, before fees+0.098%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.046% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 91 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 | GRVT GOOGL_USDT_Perp | 356.65 | 0.0042 | pay 0.0042% / 8h | 1h 06m | $23K | $475K | 10x |
| Short | OKX GOOGL-USDT-SWAP | 356.86 | 0.0109 | get 0.0109% / 8h | 1h 06m | $13.9M | $12.9M | 50x |
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
- $14.14
- Price spread: +0.059% → +0.012%
- $4.64
- Slippage, 4 orders
- −$9.62
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$9.83
- Costs to cover
- 0.286%
- Break-even
- 11.9 days
Slippage from GRVT: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago | 1.96 bp | 9.6 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.14 bp | 5.6 bp −$6 | 10.6 bp −$106 | doesn't fit | doesn't fit |
GOOGL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.38 | −0.076% | $530K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.74 | +0.025% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.86 | +0.059% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.60 | −0.014% | $22K | $151K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.93 | +0.078% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.88 | +0.064% | $2.7M | $64K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0008% | 1h | 356.57 | −0.023% | $33K | — | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0013% | 1h | 356.35 | −0.086% | $144K | $54K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0014% | 4h | 356.65 | 0.000% | $208K | $1.2M | 10x | as long as short |
| Variational Omni GOOGL | +0.0032% | 8h | 356.66 | +0.002% | $4.6M | $2.5M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 356.90 | +0.070% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.132% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perplong | +0.0042% | 8h | 356.65 | long leg | $23K | $475K | 10x | |
| QFEX GOOGL-USD | +0.0045% | 1h | 356.77 | +0.033% | $1.3M | $4.8M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.78 | +0.036% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.62 | −0.009% | $98.1M | $24.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.62 | −0.009% | $684K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.61 | −0.011% | $186 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.40 | −0.070% | $2.3M | $4.9M | 15x | as long as short |
| Bybit GOOGLUSDT | +0.0073% | 8h | 356.91 | +0.073% | $11.5M | $7.7M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0092% | 8h | 356.84 | +0.053% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0096% | 8h | 356.89 | +0.067% | $16.9M | $9.2M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0098% | 8h | 356.83 | +0.050% | $362K | $455K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.79 | +0.039% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.46 | −0.053% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.45 | −0.056% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.76 | +0.031% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.76 | +0.030% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAPshort | +0.0109% | 8h | 356.86 | +0.059% | $13.9M | $12.9M | 50x | |
| Binance GOOGLUSDT | +0.0118% | 8h | 356.87 | +0.061% | $73.1M | $142.2M | 50x | as long as short |
| Extended GOOGL-USD | +0.0120% | 1h | 356.80 | +0.043% | $421K | $1.6M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0129% | 1h | 356.63 | −0.005% | $560K | $82K | 20x | as long as short |
| Phoenix GOOGL | +0.0135% | 1h | 356.64 | −0.003% | $137K | $48K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0169% | 1h | 356.65 | 0.000% | $202K | $271K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0237% | 8h | 356.66 | +0.003% | $689K | $235K | 20x | as long as short |
| Lighter GOOGL | +0.0280% | 1h | 356.89 | +0.067% | $2.0M | $1.0M | 20x | as long as short |
GRVT GOOGL_USDT_Perp
OKX GOOGL-USDT-SWAP
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
edgeX GOOGLUSDC
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Bybit GOOGLUSDT
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL