Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.033%
Price spread now: GRVT against KuCoin+0.093%83s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)+0.931%+$93 · spread now +0.093%, 7d avg −0.001%
=Together, before fees+1.117%+ Points / potential airdropGRVT: Active · farm board+$112 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.094% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 0.9913 | 0.0075 | pay 0.0075% / 8h | 40m 00s | $7.1M | $7.9M | 50x |
| Short | GRVT FIL_USDT_Perp | 0.9922 | 0.0100 | get 0.0100% / 8h | 40m 00s | $288K | $1.4M | 10x |
KuCoin FILUSDTM
GRVT FIL_USDT_PerpFunding 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
- $5.25
- Price spread: +0.093% → −0.001%
- $9.36
- Slippage, 4 orders
- −$61.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$67.96
- Costs to cover
- 0.826%
- Break-even
- 97.6 days
Slippage from KuCoin: live order book, 8 min ago; GRVT: live order book, 3 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, 8 min ago | 2.52 bp | 17.8 bp −$18 | 44.1 bp −$441 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 5.04 bp | 9.5 bp −$10 | 95.3 bp −$953 | 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 | −0.0455% | 1h | 0.9920 | +0.071% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9942 | +0.293% | $349K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9919 | +0.065% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9930 | +0.172% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.585% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTMlong | +0.0075% | 8h | 0.9913 | long leg | $7.1M | $7.9M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9912 | −0.012% | $145K | $358K | 5x | as long as short |
| OKX FIL-USDT-SWAP | +0.0099% | 8h | 0.9908 | −0.050% | $17.8M | $107.7M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9913 | +0.005% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9914 | +0.012% | $505K | $581K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Lighter FIL
OKX FIL-USDT-SWAP
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9909 | −0.040% | $55.9M | $184.2M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9907 | −0.061% | $15.5M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9913 | 0.000% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9907 | −0.061% | $229K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9905 | −0.081% | $11.2M | $19.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9914 | +0.010% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9925 | +0.117% | $442K | $283K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9923 | +0.105% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9922 | +0.093% | $288K | $1.4M | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | +0.171% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9926 | +0.134% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.030% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9912 | −0.010% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9921 | +0.081% | $613K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.030% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9906 | −0.071% | $697K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0197% | 1h | 0.9919 | +0.061% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9931 | +0.182% | $2.7M | $672K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9915 | +0.020% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
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
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]