Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: OKX against GRVT−0.022%101s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as 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−$1201.202% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.022%, 7d avg −0.021%
=Together, before fees−0.082%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT IREN_USDT_Perp | 46.810 | 0 | get 0.0000% / 8h | 1h 02m | $4K | $217K | 10x |
| Short | OKX IREN-USDT-SWAP | 46.800 | 0 | get 0.0000% / 8h | 1h 02m | $625K | $693K | 25x |
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
- $0
- Price spread: −0.022% → −0.021%
- −$0.05
- Slippage, 4 orders
- −$101.18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$120.23
- Costs to cover
- 1.202%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; OKX: live order book, 39 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, 35 min ago | 3.21 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 39 min ago | 4.28 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
IREN on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0307% | 8h | 46.770 | −0.086% | $2.1M | $528K | 20x | as long as short |
| Vest IREN-USD-PERP | −0.0002% | 1h | 46.690 | −0.257% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.770 | −0.087% | $24K | $9K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 46.790 | −0.043% | $3.5M | $6.2M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.770 | −0.086% | $1.2M | $550K | 25x | as long as short |
| OKX IREN-USDT-SWAPshort | 0.0000% | 8h | 46.800 | −0.022% | $625K | $693K | 25x | |
| Gate IREN_USDT | 0.0000% | 8h | 46.810 | 0.000% | $717K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 46.832 | +0.046% | $191K | $92K | — | as long as short |
| GRVT IREN_USDT_Perplong | 0.0000% | 8h | 46.810 | long leg | $4K | $217K | 10x | |
| SunX IREN-USDT | 0.0000% | 8h | 46.800 | −0.022% | $1K | $337K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 46.760 | −0.107% | $9K | $875 | 20x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 46.790 | −0.043% | $1.2M | $1.5M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.750 | −0.128% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.761 | −0.105% | $602K | $182K | 10x | as long as short |
| Lighter RH IREN | +0.0072% | 1h | 46.810 | 0.000% | $70K | $98K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.780 | −0.064% | $734K | $261K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0132% | 1h | 46.762 | −0.103% | $3.1M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0341% | 1h | 46.813 | +0.006% | $85 | $31K | 10x | as long as short |
GRVT IREN_USDT_Perp
OKX IREN-USDT-SWAP
Bitget IRENUSDT
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
Gate IREN_USDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDT
Extended IREN_24_5-USD
Paragon para:IREN
Lighter RH IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN