Funding you earn now, next payment 16:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.026%
Price spread now: GRVT against OKX−0.116%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.116%, 7d avg −0.011%
=Together, before fees+0.001%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.105% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SQQQ-USDT-SWAP | 34.840 | 0.0156 | pay 0.0156% / 8h | 7h 43m | $904K | $2.1M | 20x |
| Short | GRVT SQQQ_USDT_Perp | 34.799 | 0 | get 0.0000% / 8h | 7h 43m | $4K | $112K | 10x |
OKX SQQQ-USDT-SWAP
GRVT SQQQ_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
- −$32.73
- Price spread: −0.116% → −0.011%
- −$10.49
- Slippage, 4 orders
- −$22.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$84.75
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 53 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 | 2.87 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 4.33 bp | 11.1 bp −$11 | 43.0 bp −$430 | doesn't fit | doesn't fit |
SQQQ on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.810 | −0.086% | $789K | $576K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.810 | −0.086% | $1.2M | $1.4M | 20x | as long as short |
| GRVT SQQQ_USDT_Perpshort | 0.0000% | 8h | 34.799 | −0.116% | $4K | $112K | 10x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | 0.000% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.810 | −0.086% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.810 | −0.086% | $126K | $915K | 10x | as long as short |
| OKX SQQQ-USDT-SWAPlong | +0.0156% | 8h | 34.840 | long leg | $904K | $2.1M | 20x | |
| Binance SQQQUSDT | +0.0301% | 8h | 34.830 | −0.029% | $7.3M | $18.1M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0302% | 8h | 34.820 | −0.057% | $1.7M | $296K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0304% | 8h | 34.790 | −0.144% | $87K | $7K | 20x | as long as short |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT