GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1091%/8h= −119.5% APRnext payment −$5.45 per $10,000 · paid last 24h −0.021%

Price spread now: OKX against Binance+0.026%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1271.266% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.570%−$57 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.026%, 7d avg −0.081%

Together, before fees−0.739%−$74 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.107% dearer against Binance than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.081%): +$11 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.570% in total) that is about 31 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.570% in total (about -29.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.45 per $10,000. 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	Binance GRVTUSDT	0.1918	0.1191	pay 0.0595% / 4h	2h 03m	$5.3M	$2.7M	25x
Short	OKX GRVT-USDT-SWAP	0.1918	0.0100	get 0.0050% / 4h	2h 03m	$2.0M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$229.08
Price spread: +0.026% → −0.081%: $10.69
Slippage, 4 orders: −$106.64
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$345.04
Costs to cover: 1.266%
Break-even: never at this rate

Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago	2.60 bp	29.1 bp −$29	103.4 bp −$1,034	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.52 bp	35.9 bp −$36	1167.1 bp −$11.7K	doesn't fit	doesn't fit

GRVT on 14 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 GRVTUSDT	+0.0100%	4h	0.1918	−0.005%	$2.8M	$802K	20x	as long as short
OKX GRVT-USDT-SWAPshort	+0.0100%	4h	0.1918	+0.026%	$2.0M	$1.8M	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1918	−0.005%	$3.6M	$132K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1918	−0.005%	$604K	$405K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1920	+0.121%	$269K	$18K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1918	+0.025%	$12K	$281K	10x	as long as short
BloFin GRVT-USDT	+0.0140%	4h	0.1919	+0.031%	$241K	$72K	20x	as long as short
Gate GRVT_USDT	+0.0192%	4h	0.1915	−0.156%	$342K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.0842%	4h	0.1918	0.000%	$314K	$586K	20x	as long as short
Aster GRVTUSDT	+0.1110%	4h	0.1918	0.000%	$24K	$30K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GRVT_USDT_Perp	+0.1152%	4h	0.1918	+0.015%	$302K	$215K	10x	as long as short
BingX GRVT-USDT	+0.1170%	4h	0.1918	0.000%	—	$1.6M	—	as long as short
Binance GRVTUSDTlong	+0.1191%	4h	0.1918	long leg	$5.3M	$2.7M	25x
Extended GRVT-USD	+0.1192%	1h	0.1918	−0.012%	$102K	$387K	5x	as long as short