Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.016%
Price spread now: GRVT against QFEX−0.061%57s7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.061%, 7d avg −0.007%
=Together, before fees+0.183%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.054% cheaper against QFEX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.007%). If the spread goes back, that is −$5 on $10k: about 3.0 days of funding at the current rate (+$2 a day). The two prices were read 57 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 | QFEX OPENAI-USD | 1,630.5 | −0.0010 | get 0.0001% / 1h | 58m 12s | $1.2M | $645K | 10x |
| Short | GRVT OPENAI_USDT_Perp | 1,629.5 | 0.0050 | get 0.0050% / 8h | 6h 58m | $2K | $173K | 10x |
QFEX OPENAI-USD
GRVT OPENAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against QFEX. 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
- $12.52
- Price spread: −0.061% → −0.007%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$11.84
- Costs to cover
- 0.190%
- Break-even
- 13.6 days
Slippage unknown: QFEX: live order book, 3 min ago; GRVT: live order book, 30 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 QFEX live order book, 3 min ago | 1.50 bp | 7.2 bp −$7 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 30 min ago | 2.04 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-USDlong | −0.0010% | 1h | 1,630.5 | long leg | $1.2M | $645K | 10x | |
| Lighter OPENAI | 0.0000% | 1h | 1,712.3 | +5.016% | $1.4M | $276K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,661.7 | +1.914% | $731K | $285K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,654.1 | +1.449% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,627 | −0.215% | $47.1M | $10.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,630.9 | +0.028% | $5.4M | $3.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,630.5 | +0.002% | — | $2.1M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,630.2 | −0.019% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631.2 | +0.046% | $79K | $225K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,629.2 | −0.081% | $1.6M | $498K | 10x | as long as short |
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 OPENAI | +0.0032% | 1h | 1,678.2 | +2.926% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,629.5 | −0.058% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,632.1 | +0.097% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,630.6 | +0.006% | $23.0M | $16.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,631.1 | +0.037% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,631.8 | +0.081% | $377K | $146K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,629.1 | −0.081% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perpshort | +0.0050% | 8h | 1,629.5 | −0.061% | $2K | $173K | 10x | |
| BloFin OPENAI-USDT | +0.0051% | 8h | 1,630.8 | +0.023% | $476K | $308K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,629.7 | −0.048% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0248% | 1h | 1,668.7 | +2.345% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0720% | 1h | 1,635 | +0.278% | $231K | $176K | 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