Funding you earn now, next payment 00:00 UTC−0.0402%/8h= −44.0% APRnext payment −$2.01 per $10,000 · paid last 24h −0.067%
Price spread now: KuCoin against Binance−0.176%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$563as in the Funding arb table
Net, price: spread back to 7d avg − costs−$514as in the Price arb table
costs, in and out, $10k−$5075.067% of the position
Funding, last 7 days−0.564%−$56 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.176%, 7d avg −0.107%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.069% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRVTUSDT | 0.1931 | 0.1330 | pay 0.0665% / 4h | 1h 09m | $5.3M | $2.7M | 25x |
| Short | KuCoin GRVTUSDTM | 0.1927 | 0.0928 | get 0.0464% / 4h | 1h 09m | $248K | $629K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$84.46
- Price spread: −0.176% → −0.107%
- −$6.85
- Slippage, 4 orders
- −$484.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$597.99
- Costs to cover
- 5.067%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 64 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 Binance live order book, 14 min ago | 2.59 bp | 25.9 bp −$26 | 70.6 bp −$706 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 7.82 bp | 231.3 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
GRVT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1932 | +0.093% | $2.8M | $832K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1931 | +0.031% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1930 | −0.031% | $3.6M | $131K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1929 | −0.103% | $629K | $436K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1929 | −0.068% | $270K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1927 | −0.206% | $12K | $280K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0125% | 4h | 0.1931 | +0.005% | $241K | $70K | 20x | as long as short |
| Gate GRVT_USDT | +0.0662% | 4h | 0.1926 | −0.238% | $343K | $54K | 20x | as long as short |
| KuCoin GRVTUSDTMshort | +0.0928% | 4h | 0.1927 | −0.176% | $248K | $629K | 20x | |
| GRVT GRVT_USDT_Perp | +0.1202% | 4h | 0.1928 | −0.135% | $303K | $191K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.1274% | 4h | 0.1931 | +0.021% | — | $1.6M | — | as long as short |
| Aster GRVTUSDT | +0.1300% | 4h | 0.1926 | −0.238% | $24K | $30K | 5x | as long as short |
| Extended GRVT-USD | +0.1328% | 1h | 0.1930 | −0.035% | $103K | $387K | 5x | as long as short |
| Binance GRVTUSDTlong | +0.1330% | 4h | 0.1931 | long leg | $5.3M | $2.7M | 25x |
Binance GRVTUSDT
KuCoin GRVTUSDTM
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Bitget GRVTUSDT
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
Gate GRVT_USDT
GRVT GRVT_USDT_Perp
BingX GRVT-USDT
Aster GRVTUSDT
Extended GRVT-USD