Funding you earn now, next payment 16:00 UTC−0.0242%/8h= −26.5% APRnext payment −$2.42 per $10,000 · paid last 24h +0.031%
Price spread now: GRVT against OKX+0.026%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.475% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.026%, 7d avg +0.004%
=Together, before fees+0.105%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.022% dearer against OKX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of +0.004%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QCOM-USDT-SWAP | 192.31 | 0 | get 0.0000% / 8h | 7h 52m | $1.8M | $3.7M | 20x |
| Short | GRVT QCOM_USDT_Perp | 192.36 | −0.0242 | pay 0.0242% / 8h | 7h 52m | $6K | $172K | 10x |
OKX QCOM-USDT-SWAP
GRVT QCOM_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
- −$50.82
- Price spread: +0.026% → +0.004%
- $2.2
- Slippage, 4 orders
- −$28.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$96.08
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; GRVT: live order book, 44 min ago.
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 | 1.81 bp | 7.5 bp −$8 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 44 min ago | 2.33 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
QCOM on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT QCOM_USDT_Perpshort | −0.0242% | 8h | 192.36 | +0.026% | $6K | $172K | 10x | |
| Bitget QCOMUSDT | −0.0161% | 8h | 192.23 | −0.042% | $1.3M | $1.1M | 20x | as long as short |
| BloFin QCOM-USDT | −0.0026% | 8h | 192.33 | +0.010% | $129K | $54K | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.33 | +0.009% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.24 | −0.035% | $100K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 192.22 | −0.047% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.20 | −0.057% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAPlong | 0.0000% | 8h | 192.31 | long leg | $1.8M | $3.7M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 192.31 | 0.000% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.67 | +0.186% | $305K | $117K | — | as long as short |
Bitget QCOMUSDT
BloFin QCOM-USDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Variational Omni QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 192.24 | −0.036% | $584 | $4.3M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 192.33 | +0.010% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.30 | −0.005% | $1.6M | $1.1M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.09 | −0.114% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0049% | 1h | 192.31 | 0.000% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.23 | −0.042% | $79K | $830K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.23 | −0.042% | $319K | $591K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.01 | +10.244% | $25K | $21K | 12x | as long as short |
| tradeXYZ xyz:QCOM | +0.0443% | 1h | 192.36 | +0.026% | $7.7M | $2.7M | 10x | as long as short |
| Phoenix QCOM | +0.0497% | 1h | 192.27 | −0.021% | $96K | $237K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0726% | 4h | 192.31 | +0.002% | $79K | $274K | 10x | as long as short |
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM
Phoenix QCOM
edgeX QCOMUSDC