Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: GRVT against OKX−1.964%51s7-day average −2.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now −1.964%, 7d avg −2.020%
=Together, before fees+0.072%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.056% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −2.020%. The two prices were read 51 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 | OKX OPENAI-USDT-SWAP | 1,660.2 | 0 | get 0.0000% / 8h | 7h 32m | $5.1M | $1.3M | 20x |
| Short | GRVT OPENAI_USDT_Perp | 1,627.6 | 0.0050 | get 0.0050% / 8h | 7h 32m | $2K | $138K | 10x |
OKX OPENAI-USDT-SWAP
GRVT OPENAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against OKX. 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: −1.964% → −2.020%
- $5.63
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$2.87
- Costs to cover
- 0.190%
- Break-even
- 8.9 days
Slippage unknown: OKX: live order book, 5 min ago; GRVT: live order book, 35 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 OKX live order book, 5 min ago | 2.41 bp | 37.5 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 35 min ago | 1.87 bp | 11.3 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,628.4 | −1.916% | $228K | $147K | 5x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,627.3 | −1.984% | $1.2M | $413K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.5 | +2.967% | $1.4M | $283K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,671.4 | +0.673% | $769K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.0000% | 8h | 1,660.2 | long leg | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,625.4 | −2.094% | $52.6M | $39.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,629 | −1.879% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,627.9 | −1.946% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,627 | −2.002% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,627.7 | −1.956% | $79K | $214K | 20x | as long as short |
Coinbase International OPENAI-PERP-INTX
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,626.3 | −2.040% | $1.6M | $560K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.4 | +1.277% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,627.3 | −1.983% | $138K | $942K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,633 | −1.638% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,627.6 | −1.963% | $23.1M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,628.2 | −1.926% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,637.1 | −1.392% | $379K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,626.9 | −2.004% | $2.6M | $753K | — | as long as short |
| GRVT OPENAI_USDT_Perpshort | +0.0050% | 8h | 1,627.6 | −1.964% | $2K | $138K | 10x | |
| BloFin OPENAI-USDT | +0.0063% | 8h | 1,626.8 | −2.009% | $475K | $277K | 20x | as long as short |
| Entropy io:OAI | +0.0083% | 1h | 1,674 | +0.831% | $7.4M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,626.9 | −2.004% | — | — | 10x | as long as short |
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
BloFin OPENAI-USDT
Entropy io:OAI
Aevo OPENAI-PERP