Funding you earn now, next payment 16:00 UTC+0.0180%/8h= +19.8% APRnext payment +$1.80 per $10,000 · paid last 24h −0.044%
Price spread now: GRVT against OKX−0.062%101s7-day average −0.071% · 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−$1211.207% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.062%, 7d avg −0.071%
=Together, before fees−0.152%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 101 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 | OKX NOK-USDT-SWAP | 10.744 | 0.0060 | pay 0.0060% / 8h | 7h 43m | $1.2M | $1.2M | 20x |
| Short | GRVT NOK_USDT_Perp | 10.737 | 0.0240 | get 0.0240% / 8h | 7h 43m | $3K | $112K | 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
- $37.89
- Price spread: −0.062% → −0.071%
- $0.9
- Slippage, 4 orders
- −$101.71
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$81.92
- Costs to cover
- 1.207%
- Break-even
- 22.1 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 49 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, 3 min ago | 4.19 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 49 min ago | 9.28 bp | 34.8 bp −$35 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
NOK on 16 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 NOKSTOCKUSDT | −0.0536% | 8h | 10.784 | +0.372% | $1.5M | $587K | 20x | as long as short |
| Vest NOK-PERP | −0.0008% | 1h | 10.710 | −0.316% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.720 | −0.223% | $65K | $7K | 20x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.720 | −0.223% | $1K | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.750 | +0.056% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.730 | −0.130% | $1.6M | $633K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.715 | −0.270% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAPlong | +0.0060% | 8h | 10.744 | long leg | $1.2M | $1.2M | 20x | |
| Gate NOK_USDT | +0.0089% | 8h | 10.742 | −0.019% | $934K | $1.0M | 50x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.720 | −0.223% | $293K | $440K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NOK_USDT_Perpshort | +0.0240% | 8h | 10.737 | −0.062% | $3K | $112K | 10x | |
| tradeXYZ xyz:NOK | +0.0280% | 1h | 10.718 | −0.242% | $4.4M | $1.4M | 10x | as long as short |
| Variational Omni NOK | +0.0287% | 8h | 10.723 | −0.193% | $129K | $118K | — | as long as short |
| MEXC NOKSTOCK_USDT | +0.0535% | 8h | 10.730 | −0.130% | $1.5M | $118K | 50x | as long as short |
| Extended NOK-USD | +0.0536% | 1h | 10.737 | −0.063% | $36K | $277K | 10x | as long as short |
| Binance NOKUSDT | +0.0536% | 8h | 10.740 | −0.037% | $7.2M | $10.2M | 20x | as long as short |
OKX NOK-USDT-SWAP
GRVT NOK_USDT_Perp
Bitget NOKSTOCKUSDT
Aster NOKUSDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Gate NOK_USDT
KuCoin NOKUSDTM
tradeXYZ xyz:NOK
Variational Omni NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
Binance NOKUSDT