Funding you earn now, next payment 08:00 UTC+0.0429%/8h= +47.0% APRpaid last 24h −0.083%
Price spread now: GRVT against OKX−0.014%91s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate. The two prices were read 91 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 0.004% in total (about 0.2% 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 NAVER-USDT-SWAP | 147.56 | −0.1215 | get 0.1215% / 8h | 16m 04s | $11K | $34K | 20x |
| Short | GRVT NAVER_USDT_Perp | 147.54 | −0.0786 | pay 0.0393% / 4h | 16m 04s | $1 | $113K | 10x |
Funding 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
- $90.06
- Price spread: −0.014% → 0.000%
- −$1.38
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $69.68
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: OKX: no order-book sample; GRVT: live order book, 16 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 OKX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 16 min ago | 3.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
OKX: 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.
NAVER on 8 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 NAVERUSDT | −0.4034% | 8h | 147.55 | −0.007% | $58K | $289K | 20x | as long as short |
| OKX NAVER-USDT-SWAPlong | −0.1215% | 8h | 147.56 | long leg | $11K | $34K | 20x | |
| GRVT NAVER_USDT_Perpshort | −0.0786% | 4h | 147.54 | −0.014% | $1 | $113K | 10x | |
| Binance NAVERUSDT | −0.0462% | 4h | 147.52 | −0.027% | $109K | $216K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.44 | −0.081% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.56 | 0.000% | $78K | $28K | 20x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.51 | −0.034% | $5K | $379K | 10x | as long as short |
| edgeX NAVERUSDC | +0.0135% | 4h | 147.53 | −0.018% | $7K | $206K | 10x | as long as short |
OKX NAVER-USDT-SWAP
GRVT NAVER_USDT_Perp
Bitget NAVERUSDT
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
HTX NAVER-USDT
edgeX NAVERUSDC