Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against KuCoin−0.423%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.823%+$82 · spread now −0.423%, 7d avg −0.013%
=Together, before fees+0.867%+ Points / potential airdropGRVT: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.410% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.423% now, against its 7-day average of −0.013%). If the spread goes back, that is −$41 on $10k: about 2 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1995 | 0.0078 | pay 0.0078% / 8h | 6h 29m | $6.5M | $9.2M | 75x |
| Short | GRVT DOT_USDT_Perp | 1.1944 | 0.0100 | get 0.0100% / 8h | 6h 29m | $229K | $432K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against KuCoin. 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
- $4.62
- Price spread: −0.423% → −0.013%
- −$41.01
- Slippage, 4 orders
- −$127.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$185.38
- Costs to cover
- 1.490%
- Break-even
- 287.9 days
Slippage from KuCoin: live order book, 4 min ago; GRVT: live order book, 38 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 KuCoin live order book, 4 min ago | 2.09 bp | 20.6 bp −$21 | 38.7 bp −$387 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 38 min ago | 4.12 bp | 60.3 bp −$60 | 180.1 bp −$1,801 | doesn't fit | doesn't fit |
DOT on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1081% | 1h | 1.2002 | +0.058% | $219K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1989 | −0.053% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2010 | +0.125% | $198K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1994 | −0.008% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1994 | −0.008% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.208% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0041% | 8h | 1.1983 | −0.100% | $9.4M | $24.3M | 50x | as long as short |
| KuCoin DOTUSDTMlong | +0.0078% | 8h | 1.1995 | long leg | $6.5M | $9.2M | 75x | |
| Lighter DOT | +0.0096% | 1h | 1.1999 | +0.030% | $271K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2002 | +0.058% | $5.4M | $3.4M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1998 | +0.024% | $868K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1992 | −0.023% | $44.1M | $84.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1985 | −0.083% | $24.7M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1990 | −0.042% | $6.8M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1990 | −0.042% | $35.0M | $46.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1987 | −0.067% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1982 | −0.108% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2004 | +0.075% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1979 | −0.136% | $546K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1983 | −0.101% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perpshort | +0.0100% | 8h | 1.1944 | −0.423% | $229K | $432K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | −0.042% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2007 | +0.100% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1982 | −0.108% | $249K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1980 | −0.127% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2012 | +0.143% | $4.5M | $1.4M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1992 | −0.026% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0498% | 8h | 1.2020 | +0.208% | $2.3M | $2.2M | 50x | as long as short |
KuCoin DOTUSDTM
GRVT DOT_USDT_Perp
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT