Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h −0.200%
Price spread now: GRVT against Coinbase International−0.306%7-day average −0.476% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.712%−$71 on $10k
+Price spread, last 4 days (all we have)−0.604%−$60 · spread now −0.306%, 7d avg −0.476%
=Together, before fees−1.316%+ Points / potential airdropGRVT: Active · farm board−$132 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.170% dearer against Coinbase International than usual: you sell high and buy low (spread −0.306% now, against its 7-day average of −0.476%): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,629 | 0.0344 | pay 0.0043% / 1h | 46m 22s | $236K | $172K | 5x |
| Short | GRVT OPENAI_USDT_Perp | 1,624 | 0.0050 | get 0.0050% / 8h | 7h 46m | $2K | $176K | 10x |
Coinbase International OPENAI-PERP-INTX
GRVT OPENAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Coinbase International. 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
- −$61.74
- Price spread: −0.306% → −0.476%
- $17.01
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$63.73
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 52 min ago; GRVT: live order book, 46 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 Coinbase International live order book, 52 min ago | 8.07 bp | 21.6 bp −$22 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 46 min ago | 1.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0004% | 1h | 1,623.6 | −0.331% | $1.2M | $629K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.2 | +1.979% | $727K | $274K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651 | +1.351% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,621.3 | −0.470% | $45.8M | $9.5M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.7 | −0.267% | $5.4M | $3.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624 | −0.307% | — | $2.3M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.8 | −0.320% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,624.1 | −0.298% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.5 | −0.341% | $1.6M | $499K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,712.1 | +5.099% | $1.4M | $273K | 5x | as long as short |
QFEX OPENAI-USD
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.9 | +3.125% | $2.7M | $6.1M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0046% | 8h | 1,623.1 | −0.362% | $474K | $296K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.3 | −0.350% | $141K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.2 | −0.170% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.8 | −0.320% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,625.8 | −0.200% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.1 | −0.299% | $374K | $92K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624.4 | −0.283% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perpshort | +0.0050% | 8h | 1,624 | −0.306% | $2K | $176K | 10x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.5 | −0.335% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0265% | 1h | 1,669 | +2.455% | $7.6M | $2.3M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.0344% | 1h | 1,629 | long leg | $236K | $172K | 5x |
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
Aevo OPENAI-PERP
Entropy io:OAI