Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.027%
Price spread now: OKX against Gate−0.075%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$326as in the Price arb table
costs, in and out, $10k−$3123.117% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.075%, 7d avg +0.065%
=Funding pays, the price is against you. OKX is 0.139% cheaper against Gate than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.065%). If the spread goes back, that is −$14 on $10k: about 3.5 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRVT_USDT | 0.1873 | −0.0162 | get 0.0081% / 4h | 1h 57m | $330K | $62K | 20x |
| Short | OKX GRVT-USDT-SWAP | 0.1872 | −0.0030 | pay 0.0015% / 4h | 1h 57m | $2.0M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $27.71
- Price spread: −0.075% → +0.065%
- −$13.95
- Slippage, 4 orders
- −$286.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$297.93
- Costs to cover
- 3.117%
- Break-even
- 82.3 days
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 4 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 Gate live order book, 3 min ago | 7.99 bp | 104.9 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.32 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
GRVT 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDTlong | −0.0162% | 4h | 0.1873 | long leg | $330K | $62K | 20x | |
| edgeX GRVTUSDC | −0.0046% | 4h | 0.1880 | +0.388% | $10K | $283K | 10x | as long as short |
| OKX GRVT-USDT-SWAPshort | −0.0030% | 4h | 0.1872 | −0.075% | $2.0M | $1.9M | 20x | |
| MEXC GRVT_USDT | −0.0030% | 4h | 0.1874 | +0.037% | $3.5M | $133K | 20x | as long as short |
| Aster GRVTUSDT | +0.0100% | 4h | 0.1876 | +0.145% | $23K | $29K | 5x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1873 | +0.002% | $5.1M | $2.8M | 25x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1874 | +0.064% | $2.8M | $794K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1875 | +0.080% | $228K | $628K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1880 | +0.396% | $263K | $16K | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1879 | +0.345% | $290K | $193K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRVT-USD | +0.0104% | 1h | 0.1874 | +0.056% | $102K | $425K | 5x | as long as short |
| Bitget GRVTUSDT | +0.0124% | 4h | 0.1875 | +0.117% | $669K | $651K | 20x | as long as short |
| BingX GRVT-USDT | +0.0148% | 4h | 0.1871 | −0.107% | — | $1.6M | — | as long as short |
Gate GRVT_USDT
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
MEXC GRVT_USDT
Aster GRVTUSDT
Binance GRVTUSDT
Bybit GRVTUSDT
KuCoin GRVTUSDTM
Variational Omni GRVT
GRVT GRVT_USDT_Perp
Extended GRVT-USD
Bitget GRVTUSDT
BingX GRVT-USDT