Funding you earn now, next payment 08:00 UTC−0.0141%/8h= −15.4% APRnext payment −$1.41 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against GRVT+0.135%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.135%, 7d avg +0.003%
=Together, before fees−0.599%+ Points / potential airdropGRVT: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.133% dearer against GRVT than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.003%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9847 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $291K | $812K | 10x |
| Short | KuCoin FILUSDTM | 0.9860 | −0.0041 | pay 0.0041% / 8h | 7h 37m | $7.4M | $7.1M | 50x |
GRVT FIL_USDT_Perp
KuCoin FILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$29.61
- Price spread: +0.135% → +0.003%
- $13.29
- Slippage, 4 orders
- −$107.17
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$144.49
- Costs to cover
- 1.282%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; KuCoin: live order book, 11 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, 35 min ago | 10.16 bp | 55.2 bp −$55 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 1.52 bp | 14.2 bp −$14 | 38.4 bp −$384 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0560% | 1h | 0.9869 | +0.227% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9869 | +0.228% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9839 | −0.078% | $314K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTMshort | −0.0041% | 8h | 0.9860 | +0.135% | $7.4M | $7.1M | 50x | |
| OKX FIL-USDT-SWAP | −0.0034% | 8h | 0.9860 | +0.135% | $17.9M | $98.0M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9867 | +0.208% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9871 | +0.243% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9855 | +0.081% | $689K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0032% | 8h | 0.9858 | +0.115% | $56.9M | $178.4M | 75x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.085% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0060% | 8h | 0.9855 | +0.085% | $247K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0062% | 8h | 0.9859 | +0.125% | $10.8M | $21.5M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9859 | +0.126% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9863 | +0.165% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9862 | +0.159% | $494K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9860 | +0.135% | $15.3M | $18.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9864 | +0.176% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9859 | +0.125% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | +0.359% | $443K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9845 | −0.018% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9847 | long leg | $291K | $812K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.135% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9876 | +0.295% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.135% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9860 | +0.135% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9872 | +0.257% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.135% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0134% | 8h | 0.9843 | −0.037% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9867 | +0.208% | $196K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]