Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRpaid last 24h −0.007%
Price spread now: GRVT against OKX−0.106%51s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.235% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.106%, 7d avg +0.009%
=Together, before fees+0.231%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.116% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.009%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment. 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 SKHYNIX-USDT-SWAP | 1,357.3 | 0.0309 | pay 0.0309% / 8h | 1h 40m | $52.6M | $129.1M | 50x |
| Short | GRVT SKHYNIX_USDT_Perp | 1,355.9 | 0 | get 0.0000% / 4h | 1h 40m | $98K | $217K | 10x |
OKX SKHYNIX-USDT-SWAP
GRVT SKHYNIX_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
- −$64.82
- Price spread: −0.106% → +0.009%
- −$11.56
- Slippage, 4 orders
- −$4.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$99.9
- Costs to cover
- 0.235%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 2 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, 3 min ago | 0.37 bp | 5.8 bp −$6 | 7.6 bp −$76 | 14.6 bp −$1,463 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.04 bp | 7.6 bp −$8 | 9.5 bp −$95 | doesn't fit | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0622% | 4h | 1,358.8 | +0.108% | $3.3M | $433K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0046% | 4h | 1,355.4 | −0.142% | $2.6M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,356.1 | −0.087% | $18.3M | $36.4M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,354.8 | −0.186% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,355.5 | −0.135% | $328.2M | $914.6M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,356.5 | −0.058% | $19.4M | $30.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,356.2 | −0.081% | $141.0M | $74.8M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perpshort | 0.0000% | 4h | 1,355.9 | −0.106% | $98K | $217K | 10x | |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,355.4 | −0.140% | $14K | $469K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,359 | +0.127% | $818 | $499K | 10x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bullet SKHYNIX-USD
SunX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,355.7 | −0.121% | $1.2M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,355.9 | −0.103% | $1.2M | $776K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,355 | −0.169% | $291.5M | $254.4M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,355.4 | −0.140% | $256K | $986K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,355.2 | −0.157% | $721 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,356.2 | −0.079% | $103K | $426K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,354.7 | −0.190% | $5.0M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,357.6 | +0.021% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,355.4 | −0.143% | $4K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,355.8 | −0.111% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0171% | 1h | 1,357.9 | +0.043% | $653 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0212% | 4h | 1,355.5 | −0.132% | $22.6M | $32.9M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0309% | 8h | 1,357.3 | long leg | $52.6M | $129.1M | 50x |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT