Funding you earn now, next payment 12:00 UTC−0.1793%/8h= −196.4% APRpaid last 24h −0.065%
Price spread now: GRVT against OKX+0.130%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7,618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,570as in the Price arb table
costs, in and out, $10k−$7,58375.833% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.130%, 7d avg −0.005%
=Together, before fees−0.464%+ Points / potential airdropGRVT: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.134% dearer against OKX than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.005%): +$13 on $10k if it goes back. Holding the pair costs −$54 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.342% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.342% in total (about -19.7% a year). A funding rate is set anew for every payment. 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 | OKX LGELECTRONICS-USDT-SWAP | 154.43 | −0.1849 | get 0.1849% / 8h | 7h 45m | $105K | $99K | 20x |
| Short | GRVT LGELECTRONICS_USDT_Perp | 154.63 | −0.3642 | pay 0.1821% / 4h | 3h 45m | $884 | $171K | 10x |
OKX LGELECTRONICS-USDT-SWAP
GRVT LGELECTRONICS_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
- −$376.58
- Price spread: +0.130% → −0.005%
- $13.44
- Slippage, 4 orders
- −$7,564.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$7,946.45
- Costs to cover
- 75.833%
- Break-even
- never at this rate
Slippage from OKX: live order book, 49 min ago; GRVT: live order book, 47 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, 49 min ago | 8.02 bp | 95.8 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 47 min ago | 5.14 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.7886% | 8h | 154.54 | +0.071% | $37K | $51K | 25x | as long as short |
| GRVT LGELECTRONICS_USDT_Perpshort | −0.3642% | 4h | 154.63 | +0.130% | $884 | $171K | 10x | |
| Bitget LGELECTRONICSUSDT | −0.3584% | 8h | 155.12 | +0.447% | $244K | $694K | 20x | as long as short |
| Gate LGELECTRONICS_USDT | −0.3572% | 4h | 155.18 | +0.486% | $104K | $63K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.1849% | 8h | 154.43 | long leg | $105K | $99K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.1780% | 4h | 154.75 | +0.207% | $216K | $138K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.1775% | 4h | 154.71 | +0.181% | $103K | $706K | 20x | as long as short |
| edgeX LGELUSDC | −0.0574% | 4h | 154.70 | +0.174% | $13K | $219K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 154.57 | +0.091% | $9K | $40K | 10x | as long as short |
Bybit LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT