Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.134%

Price spread now: GRVT against OKX+0.032%91s7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$238as 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−$2642.642% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.265%+$26 on $10k

Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.032%, 7d avg −0.081%

Together, before fees−0.047%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.113% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.081%. The two prices were read 91 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 URNM-USDT-SWAP	52.030	0	get 0.0000% / 8h	7h 44m	$207K	$92K	20x
Short	GRVT URNM_USDT_Perp	52.047	0	get 0.0000% / 8h	7h 44m	$1K	$119K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee GRVTbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.081%: $11.34
Slippage, 4 orders: −$245.24
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$252.9
Costs to cover: 2.642%
Break-even: never at this rate

Slippage from OKX: live order book, 51 min ago; GRVT: live order book, 48 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, 51 min ago	4.81 bp	92.4 bp −$92	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 48 min ago	3.85 bp	42.2 bp −$42	doesn't fit	doesn't fit	doesn't fit

URNM on 13 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
tradeXYZ xyz:URNM	−0.0147%	1h	52.006	−0.046%	$1.4M	$420K	10x	as long as short
Aster URNMUSDT	0.0000%	8h	52.046	+0.031%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.050	+0.038%	$720K	$682K	20x	as long as short
OKX URNM-USDT-SWAPlong	0.0000%	8h	52.030	long leg	$207K	$92K	20x
Gate URNM_USDT	0.0000%	8h	52.030	0.000%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.050	+0.038%	$407K	$124K	50x	as long as short
Variational Omni URNM	0.0000%	8h	52.056	+0.051%	$93K	$6K	—	as long as short
GRVT URNM_USDT_Perpshort	0.0000%	8h	52.047	+0.032%	$1K	$119K	10x
SunX URNM-USDT	0.0000%	8h	52.040	+0.019%	$1K	$1.1M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	51.990	−0.077%	$5K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin URNM-USDT	+0.0027%	8h	51.970	−0.115%	$53K	$2K	20x	as long as short
Ondo Perps URNM-USD.P	+0.0050%	1h	52.080	+0.096%	$2K	$2K	5x	as long as short
Pacifica URNM	+0.0100%	1h	52.034	+0.008%	$26K	$13K	10x	as long as short