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: OKX against GRVT+1.856%7-day average +1.984% · you sell dearer than you buy
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)+0.089%+$9 · spread now +1.856%, 7d avg +1.984%
=Together, before fees−0.016%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.128% cheaper against GRVT than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +1.984%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT OPENAI_USDT_Perp | 1,630.5 | 0.0050 | pay 0.0050% / 8h | 5h 53m | $2K | $169K | 10x |
| Short | OKX OPENAI-USDT-SWAP | 1,660.8 | 0 | get 0.0000% / 8h | 5h 53m | $5.1M | $1.2M | 20x |
GRVT OPENAI_USDT_Perp
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +1.856% → +1.984%
- −$12.77
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.27
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 56 min ago; OKX: live order book, 2 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, 56 min ago | 1.78 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.81 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,633 | +0.154% | $1.2M | $658K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.7 | +5.039% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.7 | +2.401% | $731K | $282K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,660.8 | +1.856% | $5.1M | $1.2M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,630.7 | +0.011% | $48.9M | $14.9M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,633.5 | +0.180% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,633.4 | +0.176% | — | $1.7M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,633.2 | +0.164% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,633.5 | +0.184% | $80K | $164K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,632.4 | +0.115% | $1.6M | $502K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,680 | +3.036% | $2.8M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,632.3 | +0.107% | $142K | $814K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.5 | +0.302% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,632.8 | +0.140% | $23.0M | $17.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,633.3 | +0.172% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.5 | +0.369% | $379K | $221K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631 | +0.027% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perplong | +0.0050% | 8h | 1,630.5 | long leg | $2K | $169K | 10x | |
| BloFin OPENAI-USDT | +0.0062% | 8h | 1,632.2 | +0.099% | $483K | $319K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,632.7 | +0.134% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0146% | 1h | 1,671.5 | +2.513% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0712% | 1h | 1,635.2 | +0.286% | $230K | $175K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX