Funding you earn now, next payment 08:00 UTC+0.0310%/8h= +34.0% APRnext payment +$3.10 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against GRVT−0.135%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. OKX is 0.135% cheaper against GRVT than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 35 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.170% in total) that is about 5.6 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT KORU_USDT_Perp | 22.961 | −0.0736 | get 0.0736% / 8h | 5h 12m | $2K | $96K | 10x |
| Short | OKX KORU-USDT-SWAP | 22.930 | −0.0426 | pay 0.0426% / 8h | 5h 12m | $6.1M | $28.3M | 10x |
GRVT KORU_USDT_Perp
OKX KORU-USDT-SWAPFunding 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
- $65.12
- Price spread: −0.135% → 0.000%
- −$13.48
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $32.63
- Costs to cover
- 0.190%
- Break-even
- 3.5 days
Slippage unknown: GRVT: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 2.18 bp | 10.5 bp −$11 | 14.1 bp −$141 | 74.3 bp −$7,435 | doesn't fit |
GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KORU 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.942 | −0.083% | $40K | $300K | 5x | as long as short |
| Bybit KORUUSDT | −0.0748% | 8h | 22.940 | −0.091% | $6.5M | $21.7M | 50x | as long as short |
| GRVT KORU_USDT_Perplong | −0.0736% | 8h | 22.961 | long leg | $2K | $96K | 10x | |
| tradeXYZ xyz:KORU | −0.0661% | 1h | 22.924 | −0.161% | $3.1M | $8.3M | 10x | as long as short |
| OKX KORU-USDT-SWAPshort | −0.0426% | 8h | 22.930 | −0.135% | $6.1M | $28.3M | 10x | |
| KuCoin KORUUSDTM | −0.0201% | 8h | 22.930 | −0.135% | $436K | $1.0M | 20x | as long as short |
| Binance KORUUSDT | −0.0184% | 8h | 22.940 | −0.091% | $55.8M | $327.3M | 25x | as long as short |
| Extended KORU-USD | −0.0184% | 1h | 22.944 | −0.074% | $6K | $209K | 5x | as long as short |
| MEXC KORU_USD1 | −0.0182% | 8h | 22.940 | −0.091% | $12.1M | $84K | 20x | as long as short |
| edgeX KORUUSDC | −0.0167% | 4h | 22.970 | +0.041% | $460K | $312K | 10x | as long as short |
RISEx KORU/USDC
Bybit KORUUSDT
tradeXYZ xyz:KORU
KuCoin KORUUSDTM
Binance KORUUSDT
Extended KORU-USD
MEXC KORU_USD1
edgeX KORUUSDCShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0067% | 8h | 22.950 | −0.049% | $90K | $289K | 50x | as long as short |
| Ondo Perps KORU-USD.P | −0.0017% | 1h | 22.970 | +0.039% | $13K | $51K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.946 | −0.065% | $2.6M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.980 | +0.083% | — | $3.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.980 | +0.083% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.950 | −0.048% | $1.6M | $2.4M | 10x | as long as short |
| Bitget KORUUSDT | +0.0010% | 8h | 22.925 | −0.157% | $53.3M | $58.5M | 20x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.949 | −0.052% | — | — | 10x | as long as short |
Aster KORUUSDT
Ondo Perps KORU-USD.P
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Bitget KORUUSDT
Lighter KORU