Funding you earn now, next payment 00:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Gate−0.057%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,669as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,664as in the Price arb table
costs, in and out, $10k−$2,65726.572% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.057%, 7d avg +0.011%
=Funding pays, the price is against you. KuCoin is 0.068% cheaper against Gate than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.011%). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRVT_USDT | 0.1919 | 0.0646 | pay 0.0323% / 4h | 5m 08s | $341K | $54K | 20x |
| Short | KuCoin GRVTUSDTM | 0.1918 | 0.0970 | get 0.0485% / 4h | 5m 08s | $252K | $669K | 20x |
Gate GRVT_USDT
KuCoin GRVTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $68.04
- Price spread: −0.057% → +0.011%
- −$6.82
- Slippage, 4 orders
- −$2,630.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,596
- Costs to cover
- 26.572%
- Break-even
- 274.1 days
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 5.21 bp | 2044.8 bp −$2,045 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 4.40 bp | 177.5 bp −$178 | 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 | 0.1920 | +0.042% | $2.8M | $845K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1920 | +0.052% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1920 | +0.078% | $3.6M | $132K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1921 | +0.119% | $269K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1921 | +0.097% | $12K | $281K | 10x | as long as short |
| Bitget GRVTUSDT | +0.0122% | 4h | 0.1922 | +0.146% | $680K | $504K | 20x | as long as short |
| BloFin GRVT-USDT | +0.0153% | 4h | 0.1920 | +0.073% | $239K | $66K | 20x | as long as short |
| Gate GRVT_USDTlong | +0.0646% | 4h | 0.1919 | long leg | $341K | $54K | 20x | |
| KuCoin GRVTUSDTMshort | +0.0970% | 4h | 0.1918 | −0.057% | $252K | $669K | 20x | |
| GRVT GRVT_USDT_Perp | +0.1058% | 4h | 0.1920 | +0.067% | $302K | $191K | 10x | as long as short |
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
Bitget GRVTUSDT
BloFin GRVT-USDT
GRVT GRVT_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.1240% | 4h | 0.1920 | +0.052% | — | $1.6M | — | as long as short |
| Extended GRVT-USD | +0.1280% | 1h | 0.1918 | −0.039% | $103K | $387K | 5x | as long as short |
| Binance GRVTUSDT | +0.1284% | 4h | 0.1919 | +0.024% | $5.3M | $2.7M | 25x | as long as short |
| Aster GRVTUSDT | +0.1400% | 4h | 0.1919 | +0.022% | $22K | $32K | 5x | as long as short |
BingX GRVT-USDT
Extended GRVT-USD
Binance GRVTUSDT
Aster GRVTUSDT