Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against GRVT−0.328%83s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as 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−$1961.959% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.328%, 7d avg −0.014%
=Together, before fees−0.071%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.315% cheaper against GRVT than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.014%). Swap the legs. 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 | GRVT GIGGLE_USDT_Perp | 39.209 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $207K | $483K | 10x |
| Short | KuCoin GIGGLEUSDTM | 39.080 | 0.0074 | get 0.0037% / 4h | 3h 02m | $2.1M | $3.9M | 50x |
Funding 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
- −$5.46
- Price spread: −0.328% → −0.014%
- −$31.46
- Slippage, 4 orders
- −$174.91
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$232.83
- Costs to cover
- 1.959%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 51 min ago; KuCoin: live order book, 10 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, 51 min ago | 2.57 bp | 34.2 bp −$34 | 99.9 bp −$999 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 5.11 bp | 43.4 bp −$43 | 743.0 bp −$7,430 | doesn't fit | doesn't fit |
GIGGLE 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GIGGLEUSDTMshort | +0.0074% | 4h | 39.080 | −0.328% | $2.1M | $3.9M | 50x | |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.140 | −0.175% | $47K | $133K | 5x | as long as short |
| Binance GIGGLEUSDT | +0.0100% | 4h | 39.091 | −0.300% | $11.4M | $15.1M | 50x | as long as short |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.100 | −0.277% | $1.6M | $1.9M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.060 | −0.379% | $1.4M | $4.6M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.120 | −0.226% | $369K | $589K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.090 | −0.303% | $1.7M | $457K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.298 | +0.228% | $27K | $3K | — | as long as short |
| GRVT GIGGLE_USDT_Perplong | +0.0100% | 4h | 39.209 | long leg | $207K | $483K | 10x | |
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.090 | −0.303% | $1K | $1.4M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GIGGLE-USD | +0.0104% | 1h | 39.089 | −0.305% | $5K | $142K | 5x | as long as short |
| BloFin GIGGLE-USDT | +0.0143% | 4h | 39.120 | −0.226% | $493K | $39K | 50x | as long as short |
| MEXC GIGGLE_USDT | +0.0228% | 4h | 39.100 | −0.277% | $1.4M | $675K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0228% | 4h | 39.070 | −0.354% | — | $6.7M | — | as long as short |
GRVT GIGGLE_USDT_Perp
KuCoin GIGGLEUSDTM
Aster GIGGLEUSDT
Binance GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
SunX GIGGLE-USDT
Extended GIGGLE-USD
BloFin GIGGLE-USDT
MEXC GIGGLE_USDT
BingX GIGGLE-USDT