Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.005%
Price spread now: GRVT against Lighter RH−3.467%7-day average −4.685% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−2.434%−$243 · spread now −3.467%, 7d avg −4.685%
=Together, before fees−2.396%+ Points / potential airdropLighter RH: Points live · GRVT: Active · farm board−$240 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 1.218% dearer against Lighter RH than usual: you sell high and buy low: +$122 more if the spread goes back to its 7-day average of −4.685%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH OPENAI | 1,679.2 | 0.0032 | pay 0.0004% / 1h | 47m 11s | $2.7M | $6.2M | 5x |
| Short | GRVT OPENAI_USDT_Perp | 1,621 | 0.0050 | get 0.0050% / 8h | 3h 47m | $2K | $155K | 10x |
Lighter RH OPENAI
GRVT OPENAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter RH. 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
- $3.78
- Price spread: −3.467% → −4.685%
- $121.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $116.6
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 1 min ago; GRVT: live order book, 1 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 Lighter RH live order book, 1 min ago | 0.86 bp | 6.2 bp −$6 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.51 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 | −0.0001% | 1h | 1,620.4 | −3.499% | $1.2M | $558K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.9 | +1.949% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,663.6 | −0.928% | $755K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.4 | −1.715% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,617.5 | −3.674% | $52.3M | $25.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.4 | −3.381% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,622.3 | −3.388% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,621.3 | −3.450% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620.7 | −3.486% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,620 | −3.525% | $1.6M | $543K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIlong | +0.0032% | 1h | 1,679.2 | long leg | $2.7M | $6.2M | 5x | |
| BloFin OPENAI-USDT | +0.0037% | 8h | 1,621.3 | −3.446% | $473K | $285K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,620 | −3.525% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.3 | −3.087% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,620.4 | −3.501% | $22.8M | $17.7M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,620.6 | −3.490% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625.3 | −3.207% | $375K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,620.4 | −3.501% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perpshort | +0.0050% | 8h | 1,621 | −3.467% | $2K | $155K | 10x | |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,622 | −3.405% | $226K | $162K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,620.2 | −3.511% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0144% | 1h | 1,673.7 | −0.327% | $7.7M | $2.3M | 6x | as long as short |
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI