Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.080%
Price spread now: Binance against OKX−0.090%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.627%+$63 on $10k
+Price spread, last 7 days+0.289%+$29 · spread now −0.090%, 7d avg +0.075%
=Funding pays, the price is against you. Binance is 0.166% cheaper against OKX than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.075%). If the spread goes back, that is −$17 on $10k: about 4.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.627% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRVT-USDT-SWAP | 0.1880 | −0.0036 | get 0.0018% / 4h | 1h 58m | $2.0M | $1.9M | 20x |
| Short | Binance GRVTUSDT | 0.1878 | 0.0100 | get 0.0050% / 4h | 1h 58m | $5.1M | $2.8M | 25x |
OKX GRVT-USDT-SWAP
Binance GRVTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $28.56
- Price spread: −0.090% → +0.075%
- −$16.58
- Slippage, 4 orders
- −$82.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.61
- Costs to cover
- 1.026%
- Break-even
- 29.2 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 9 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 | 5.32 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.66 bp | 29.8 bp −$30 | 163.2 bp −$1,632 | 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_USDT | −0.0182% | 4h | 0.1876 | −0.197% | $330K | $62K | 20x | as long as short |
| edgeX GRVTUSDC | −0.0046% | 4h | 0.1880 | +0.030% | $10K | $283K | 10x | as long as short |
| MEXC GRVT_USDT | −0.0040% | 4h | 0.1878 | −0.074% | $3.5M | $132K | 20x | as long as short |
| OKX GRVT-USDT-SWAPlong | −0.0036% | 4h | 0.1880 | long leg | $2.0M | $1.9M | 20x | |
| Aster GRVTUSDT | +0.0100% | 4h | 0.1878 | −0.088% | $23K | $29K | 5x | as long as short |
| Binance GRVTUSDTshort | +0.0100% | 4h | 0.1878 | −0.090% | $5.1M | $2.8M | 25x | |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1879 | −0.032% | $2.8M | $794K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1878 | −0.117% | $229K | $628K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1880 | +0.038% | $263K | $16K | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1879 | −0.026% | $290K | $193K | 10x | as long as short |
Gate GRVT_USDT
edgeX GRVTUSDC
MEXC GRVT_USDT
Aster GRVTUSDT
Bybit GRVTUSDT
KuCoin GRVTUSDTM
Variational Omni GRVT
GRVT GRVT_USDT_PerpShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRVT-USD | +0.0104% | 1h | 0.1878 | −0.071% | $102K | $425K | 5x | as long as short |
| Bitget GRVTUSDT | +0.0128% | 4h | 0.1881 | +0.048% | $670K | $650K | 20x | as long as short |
| BingX GRVT-USDT | +0.0148% | 4h | 0.1878 | −0.090% | — | $1.6M | — | as long as short |
Extended GRVT-USD
Bitget GRVTUSDT
BingX GRVT-USDT