Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against Bybit−0.111%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,045as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,068as in the Price arb table
costs, in and out, $10k−$1,06510.649% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.111%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.079%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRVTUSDT | 0.1885 | 0.0157 | pay 0.0078% / 4h | 25m 44s | $2.8M | $774K | 20x |
| Short | KuCoin GRVTUSDTM | 0.1883 | 0.0100 | get 0.0050% / 4h | 25m 44s | $234K | $661K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$11.88
- Price spread: −0.111% → −0.079%
- −$3.24
- Slippage, 4 orders
- −$1,041.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,080.03
- Costs to cover
- 10.649%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 58 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 Bybit live order book, 1 min ago | 5.31 bp | 430.1 bp −$430 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 7.46 bp | 194.7 bp −$195 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1885 | −0.032% | $2.0M | $1.9M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1880 | −0.271% | $330K | $71K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1882 | −0.175% | $3.5M | $135K | 20x | as long as short |
| KuCoin GRVTUSDTMshort | +0.0100% | 4h | 0.1883 | −0.111% | $234K | $661K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1886 | +0.021% | $264K | $16K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1885 | +0.005% | $10K | $282K | 10x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1888 | +0.134% | $291K | $192K | 10x | as long as short |
| Extended GRVT-USD | +0.0104% | 1h | 0.1885 | −0.032% | $103K | $420K | 5x | as long as short |
| BloFin GRVT-USDT | +0.0107% | 4h | 0.1890 | +0.244% | $238K | $56K | 20x | as long as short |
| Binance GRVTUSDT | +0.0119% | 4h | 0.1885 | −0.005% | $5.1M | $2.9M | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDTlong | +0.0157% | 4h | 0.1885 | long leg | $2.8M | $774K | 20x | |
| Aster GRVTUSDT | +0.0310% | 4h | 0.1885 | −0.003% | $22K | $28K | 5x | as long as short |
| Bitget GRVTUSDT | +0.0334% | 4h | 0.1884 | −0.042% | $646K | $720K | 20x | as long as short |
| BingX GRVT-USDT | +0.0338% | 4h | 0.1886 | +0.048% | — | $1.6M | — | as long as short |
Bybit GRVTUSDT
KuCoin GRVTUSDTM
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
Extended GRVT-USD
BloFin GRVT-USDT
Binance GRVTUSDT
Aster GRVTUSDT
Bitget GRVTUSDT
BingX GRVT-USDT