GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0834%/8h= +91.3% APRnext payment +$4.17 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against OKX−0.005%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$373as in the Funding arb table

Net, price: spread back to 7d avg − costs−$376as in the Price arb table

costs, in and out, $10k−$3783.784% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.005%, 7d avg −0.029%

Together, before fees+0.068%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.029%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.17 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	OKX GRVT-USDT-SWAP	0.1921	0.0100	pay 0.0050% / 4h	3h 37m	$2.0M	$1.8M	20x
Short	KuCoin GRVTUSDTM	0.1921	0.0934	get 0.0467% / 4h	3h 37m	$234K	$688K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now −0.005%Rate

Funding earned: $175.14
Price spread: −0.005% → −0.029%: $2.34
Slippage, 4 orders: −$356.36
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$200.88
Costs to cover: 3.784%
Break-even: 15.0 days

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 15 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 OKX live order book, 4 min ago	3.90 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 min ago	5.95 bp	177.4 bp −$177	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
BloFin GRVT-USDT	+0.0054%	4h	0.1921	−0.005%	$239K	$66K	20x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1922	+0.031%	$2.8M	$807K	20x	as long as short
OKX GRVT-USDT-SWAPlong	+0.0100%	4h	0.1921	long leg	$2.0M	$1.8M	20x
MEXC GRVT_USDT	+0.0100%	4h	0.1922	+0.016%	$3.6M	$132K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1922	+0.047%	$270K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1922	+0.032%	$12K	$281K	10x	as long as short
Bitget GRVTUSDT	+0.0266%	4h	0.1923	+0.099%	$691K	$534K	20x	as long as short
Gate GRVT_USDT	+0.0336%	4h	0.1920	−0.073%	$340K	$54K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.0406%	4h	0.1923	+0.082%	$303K	$191K	10x	as long as short
KuCoin GRVTUSDTMshort	+0.0934%	4h	0.1921	−0.005%	$234K	$688K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1218%	4h	0.1921	−0.021%	—	$1.6M	—	as long as short
Extended GRVT-USD	+0.1240%	1h	0.1920	−0.094%	$103K	$509K	5x	as long as short
Binance GRVTUSDT	+0.1240%	4h	0.1920	−0.073%	$5.2M	$2.7M	25x	as long as short
Aster GRVTUSDT	+0.1378%	4h	0.1921	−0.002%	$22K	$31K	5x	as long as short