Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against GRVT−0.399%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.433%+$43 · spread now −0.399%, 7d avg +0.017%
=Together, before fees+0.452%+ Points / potential airdropGRVT: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.416% cheaper against GRVT than usual: you would sell low and buy high (spread −0.399% now, against its 7-day average of +0.017%). If the spread goes back, that is −$42 on $10k: about 23 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.019% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT WDC_USDT_Perp | 449.80 | 0.0088 | pay 0.0088% / 8h | 3h 49m | $531 | $156K | 10x |
| Short | OKX WDC-USDT-SWAP | 448.00 | 0.0147 | get 0.0147% / 8h | 3h 49m | $2.2M | $3.9M | 20x |
GRVT WDC_USDT_Perp
OKX WDC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against GRVT. 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
- $12.45
- Price spread: −0.399% → +0.017%
- −$41.57
- Slippage, 4 orders
- −$29.58
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$77.7
- Costs to cover
- 0.486%
- Break-even
- 50.7 days
Slippage from GRVT: live order book, 64 min ago; OKX: live order book, 3 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 GRVT live order book, 64 min ago | 2.55 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.11 bp | 10.0 bp −$10 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
WDC on 17 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 WDCUSDC | −0.0786% | 4h | 449.54 | −0.057% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 448.34 | −0.325% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.00 | −0.399% | $1.9M | $837K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.20 | −0.355% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.23 | −0.348% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0031% | 8h | 448.42 | −0.306% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.25 | −0.344% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.29 | −0.335% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDT | +0.0036% | 8h | 447.98 | −0.403% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.41 | −0.308% | $1.1M | $3.4M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDT
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 447.87 | −0.428% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perplong | +0.0088% | 8h | 449.80 | long leg | $531 | $156K | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.38 | −0.315% | $275K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.28 | −0.337% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.50 | −0.288% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | −0.206% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAPshort | +0.0147% | 8h | 448.00 | −0.399% | $2.2M | $3.9M | 20x |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT