Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against GRVT−0.052%102s7-day average +0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.052%, 7d avg +0.020%
=Together, before fees+0.161%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.072% cheaper against GRVT than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 102 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 | GRVT OPENAI_USDT_Perp | 1,615.4 | 0.0050 | pay 0.0050% / 8h | 1h 03m | $2K | $180K | 10x |
| Short | BloFin OPENAI-USDT | 1,614.6 | 0.0038 | get 0.0038% / 8h | 1h 03m | $472K | $301K | 20x |
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$2.43
- Price spread: −0.052% → +0.020%
- −$7.19
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.62
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 34 min ago; BloFin: live order book, 17 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 GRVT live order book, 34 min ago | 2.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.22 bp | 11.7 bp −$12 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0286% | 1h | 1,615 | −0.027% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0002% | 1h | 1,614.6 | −0.050% | $1.2M | $624K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.4 | +5.819% | $1.4M | $267K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,657.7 | +2.618% | $753K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,645.6 | +1.870% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,612.8 | −0.163% | $44.9M | $18.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,616.7 | +0.081% | $5.4M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,617.1 | +0.106% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.5 | +0.006% | $79K | $227K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615 | −0.023% | $1.6M | $514K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,676 | +3.751% | $2.6M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDTshort | +0.0038% | 8h | 1,614.6 | −0.052% | $472K | $301K | 20x | |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,619.2 | +0.234% | $226K | $161K | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,614.5 | −0.056% | $141K | $586K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,617.6 | +0.134% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.9 | −0.028% | $22.8M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.4 | +0.184% | $6.7M | $5.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623 | +0.471% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.7 | −0.045% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perplong | +0.0050% | 8h | 1,615.4 | long leg | $2K | $180K | 10x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.8 | −0.036% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0150% | 1h | 1,668.9 | +3.312% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
Aevo OPENAI-PERP
Entropy io:OAI