Funding you earn now, next payment 16:00 UTC−0.0277%/8h= −30.4% APRnext payment −$2.77 per $10,000 · paid last 24h −0.035%
Price spread now: GRVT against Variational Omni−0.123%89s7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.123%, 7d avg −0.002%
=Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GRVT is 0.121% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 89 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 4 days it paid -0.010% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 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 | Variational Omni NOK | 10.723 | 0.0277 | pay 0.0277% / 8h | 7h 52m | $129K | $118K | — |
| Short | GRVT NOK_USDT_Perp | 10.710 | 0 | get 0.0000% / 8h | 7h 52m | $3K | $116K | 10x |
Variational Omni NOK
GRVT NOK_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Variational Omni. 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
- −$58.26
- Price spread: −0.123% → −0.002%
- −$12.14
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$79.4
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; GRVT: live order book, 40 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 Variational Omni RFQ quote, 47 min ago | 12.05 bp | doesn't fit | 151.3 bp −$1,513 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 40 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 | −0.0571% | 8h | 10.750 | +0.250% | $1.5M | $588K | 20x | as long as short |
| Vest NOK-PERP | −0.0005% | 1h | 10.670 | −0.496% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.720 | −0.032% | $65K | $7K | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 10.714 | −0.086% | $933K | $998K | 50x | as long as short |
| GRVT NOK_USDT_Perpshort | 0.0000% | 8h | 10.710 | −0.123% | $3K | $116K | 10x | |
| SunX NOK-USDT | 0.0000% | 8h | 10.710 | −0.123% | $1K | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.730 | +0.063% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.710 | −0.123% | $1.6M | $629K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.684 | −0.366% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0047% | 8h | 10.711 | −0.114% | $1.2M | $1.2M | 20x | as long as short |
Bitget NOKSTOCKUSDT
Vest NOK-PERP
Aster NOKUSDT
Gate NOK_USDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
OKX NOK-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.690 | −0.310% | $292K | $441K | 20x | as long as short |
| tradeXYZ xyz:NOK | +0.0245% | 1h | 10.691 | −0.301% | $4.4M | $1.4M | 10x | as long as short |
| Variational Omni NOKlong | +0.0277% | 8h | 10.723 | long leg | $129K | $118K | — | |
| Binance NOKUSDT | +0.0503% | 8h | 10.710 | −0.123% | $7.2M | $10.2M | 20x | as long as short |
| Extended NOK-USD | +0.0504% | 1h | 10.702 | −0.196% | $36K | $281K | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0505% | 8h | 10.690 | −0.310% | $1.5M | $117K | 50x | as long as short |
KuCoin NOKUSDTM
tradeXYZ xyz:NOK
Binance NOKUSDT
Extended NOK-USD
MEXC NOKSTOCK_USDT