Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against GRVT−0.162%96s7-day average −0.175% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.162%, 7d avg −0.175%
=Together, before fees−0.073%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.175%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 96 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 | 1,623.8 | 0.0050 | pay 0.0050% / 8h | 7h 13m | $3K | $173K | 10x |
| Short | Gate OPENAI_USDT | 1,621.2 | 0 | get 0.0000% / 8h | 7h 13m | $46.5M | $11.2M | 50x |
GRVT OPENAI_USDT_Perp
Gate OPENAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: −0.162% → −0.175%
- $1.23
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.27
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 14 min ago; Gate: live order book, 5 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, 14 min ago | 2.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.03 bp | 10.3 bp −$10 | 169.9 bp −$1,699 | 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 | 1,624.5 | +0.041% | $1.2M | $640K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.1 | +5.255% | $1.4M | $276K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.7 | +2.151% | $730K | $284K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.2 | +1.687% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTshort | 0.0000% | 8h | 1,621.2 | −0.162% | $46.5M | $11.2M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.5 | +0.041% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.8 | +0.061% | — | $2.1M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.1 | +0.080% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.8 | −0.001% | $1.6M | $497K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0029% | 8h | 1,624.4 | +0.037% | $477K | $303K | 20x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.7 | +3.196% | $2.7M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,624.2 | +0.023% | $142K | $804K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.9 | +0.193% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,624.2 | +0.021% | $22.9M | $16.3M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.5 | −0.018% | $6.6M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.6 | +0.050% | $375K | $129K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,624.1 | +0.019% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perplong | +0.0050% | 8h | 1,623.8 | long leg | $3K | $173K | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | +0.0066% | 1h | 1,624.6 | +0.048% | $3K | $3K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,624.4 | +0.035% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0141% | 1h | 1,666.2 | +2.611% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0344% | 1h | 1,629 | +0.320% | $232K | $174K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
Deribit OPENAI_USDC-PERPETUAL
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX