Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against GRVT−0.121%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.121%, 7d avg +0.094%
=Together, before fees−0.178%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.215% cheaper against GRVT than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ICP_USDT_Perp | 3.0587 | 0.0100 | pay 0.0100% / 8h | 49m 15s | $586K | $435K | 10x |
| Short | KuCoin ICPUSDTM | 3.0550 | 0.0100 | get 0.0100% / 8h | 49m 15s | $5.2M | $13.1M | 50x |
GRVT ICP_USDT_Perp
KuCoin ICPUSDTMFunding 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
- $0
- Price spread: −0.121% → +0.094%
- −$21.45
- Slippage, 4 orders
- −$85.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$127.58
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; KuCoin: live order book, 9 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, 29 min ago | 3.33 bp | 17.7 bp −$18 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 3.31 bp | 41.8 bp −$42 | 85.5 bp −$855 | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1611% | 8h | 3.0390 | −0.644% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0306% | 1h | 3.0539 | −0.157% | $272 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0150% | 8h | 3.0556 | −0.101% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0032% | 8h | 3.0570 | −0.056% | $2.0M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0561 | −0.086% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0580 | −0.023% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −3.014% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0549 | −0.124% | $161K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0594 | +0.022% | $218K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0574 | −0.041% | $139K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0526 | −0.198% | $30.2M | $51.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0500 | −0.284% | $17.8M | $18.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0500 | −0.284% | $6.2M | $16.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0570 | −0.056% | $19.5M | $9.1M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 3.0550 | −0.121% | $5.2M | $13.1M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0550 | −0.121% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0560 | −0.088% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0535 | −0.169% | $24K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 3.0587 | long leg | $586K | $435K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 3.0510 | −0.252% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0530 | −0.186% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0542 | −0.147% | $26K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0156% | 1h | 3.0608 | +0.069% | $4.8M | $5.0M | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0170% | 1h | 3.0541 | −0.149% | $496K | $532K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0520 | −0.219% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0620 | +0.108% | $64K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0549% / S −0.0540% | 1h | 3.0579 | −0.025% | $41K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]