Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment $0.33 per $10,000 · paid last 24h −0.134%
Price spread now: KuCoin against GRVT+0.205%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$966as in the Funding arb table
Net, price: spread back to 7d avg − costs−$802as in the Price arb table
costs, in and out, $10k−$8148.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.518%−$152 on $10k
Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.205%, 7d avg +0.076%
Together, before fees−1.789%+ Points / potential airdropGRVT: Active · farm board−$179 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.128% dearer against GRVT than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.076%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 7 days (−1.518% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LA_USDT_Perp0.073600.0100pay 0.0050% / 4h2h 37m$141K$440K10x
ShortKuCoin LAUSDTM0.073750.0034get 0.0017% / 4h2h 37m$1.0M$80K30x

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

Profit calculator

Funding earned
−$13.86
Price spread: +0.205% → +0.076%
$12.83
Slippage, 4 orders
−$793.49
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$815.52
Costs to cover
8.145%
Break-even
never at this rate
Slippage from GRVT: live order book, 11 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 11 min ago6.75 bp103.5 bp −$104303.6 bp −$3,036doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago10.87 bp456.5 bp −$457doesn't fitdoesn't fitdoesn't fit

LA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LAUSDT−0.0594%4h0.07385+0.340%$2.0M$475K25xas long as short
BingX LA-USDT−0.0568%4h0.07390+0.408%$6.6Mas long as short
Aster LAUSDT−0.0330%4h0.07385+0.341%$51K$25K5xas long as short
Gate LA_USDT−0.0262%4h0.07390+0.408%$234K$817K50xas long as short
BloFin LA-USDT−0.0237%4h0.07367+0.096%$246K$20K25xas long as short
Binance LAUSDT−0.0211%4h0.07393+0.444%$4.7M$9.7M25xas long as short
MEXC LA_USDT−0.0210%4h0.07392+0.436%$382K$132K50xas long as short
Bybit LAUSDT+0.0012%4h0.07390+0.408%$2.4M$2.6M25xas long as short
OKX LA-USDT-SWAP+0.0033%4h0.07390+0.408%$1.3M$2.9M20xas long as short
KuCoin LAUSDTMshort+0.0034%4h0.07375+0.205%$1.0M$80K30x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perplong+0.0100%4h0.07360long leg$141K$440K10x