Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin−0.033%98s7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.311%+$31 · spread now −0.033%, 7d avg −0.076%
=Together, before fees+0.389%+ Points / potential airdropGRVT: Active · farm board+$39 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: GRVT is 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.076%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9250 | 0.0100 | pay 0.0100% / 8h | 4h 51m | $4.9M | $10.5M | 50x |
| Short | GRVT ICP_USDT_Perp | 2.9240 | 0.0100 | get 0.0100% / 8h | 4h 51m | $557K | $645K | 10x |
KuCoin ICPUSDTM
GRVT ICP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against KuCoin. 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: −0.033% → −0.076%
- $4.29
- Slippage, 4 orders
- −$78.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$95.44
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: live order book, 54 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 KuCoin live order book, 5 min ago | 1.71 bp | 26.0 bp −$26 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 54 min ago | 3.41 bp | 24.8 bp −$25 | 46.2 bp −$462 | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 | −0.0133% | 8h | 2.9210 | −0.137% | $1.7M | $703K | 50x | as long as short |
| Variational Omni ICP | −0.0128% | 8h | 2.9227 | −0.078% | $1.1M | $195K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9260 | +0.034% | $68K | $2K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9244 | −0.021% | $190 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9245 | −0.017% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.419% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9255 | +0.017% | $131K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9258 | +0.026% | $245K | $889K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9228 | −0.077% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9235 | −0.050% | $28.2M | $47.4M | 75x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9210 | −0.137% | $17.1M | $17.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9220 | −0.103% | $5.7M | $12.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9220 | −0.103% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9240 | −0.034% | $18.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9250 | long leg | $4.9M | $10.5M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9250 | 0.000% | $7.0M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9230 | −0.068% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9247 | −0.010% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9240 | −0.033% | $557K | $645K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9220 | −0.103% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9200 | −0.171% | $102K | $128K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9232 | −0.063% | $22K | $243K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0143% | 1h | 2.9256 | +0.021% | $506K | $596K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9250 | 0.000% | $1.2M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0362% | 1h | 2.9285 | +0.120% | $4.5M | $4.3M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0424% / S −0.0357% | 1h | 2.9247 | −0.010% | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0440% | 1h | 2.9570 | +1.094% | $58K | $63K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Coinbase International ICP-PERP-INTX