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−0.196%83s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,560as 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−$5,56255.625% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.196%, 7d avg +0.017%
=Together, before fees+0.115%+ Points / potential airdropGRVT: Active · farm board+$11 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 0.212% 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 +0.017%. The two prices were read 83 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 | GRVT MEGA_USDT_Perp | 0.04427 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $27K | $1.7M | 10x |
| Short | KuCoin MEGAUSDTM | 0.04418 | 0.0100 | get 0.0050% / 4h | 2h 46m | $228K | $112K | 50x |
GRVT MEGA_USDT_Perp
KuCoin MEGAUSDTMFunding 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: −0.196% → +0.017%
- −$21.23
- Slippage, 4 orders
- −$5,541.49
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$5,583.72
- Costs to cover
- 55.625%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; KuCoin: live order book, 33 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, 2 min ago | 3.39 bp | 4953.2 bp −$4,953 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 12.32 bp | 242.1 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0288% | 1h | 0.04400 | −0.596% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04414 | −0.292% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04430 | +0.075% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0080% | 1h | 0.04414 | −0.275% | $191K | $151K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04415 | −0.263% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04416 | −0.246% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04420 | −0.141% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04415 | −0.261% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04413 | −0.309% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04412 | −0.331% | $904K | $2.8M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.527% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04414 | −0.286% | $188K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04415 | −0.263% | $773K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04418 | −0.196% | $228K | $112K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04417 | −0.218% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04413 | −0.309% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | −0.038% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04427 | −0.003% | $236K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04427 | long leg | $27K | $1.7M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04425 | −0.038% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04417 | −0.218% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04415 | −0.261% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0105% | 4h | 0.04428 | +0.030% | $198K | $75K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04416 | −0.239% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04413 | −0.304% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1245% | 1h | 0.04422 | −0.112% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1343% | 1h | 0.04426 | −0.024% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1632% | 1h | 0.04436 | +0.211% | $596K | $299K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA