Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin−0.273%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.257%+$26 · spread now −0.273%, 7d avg +0.034%
=Together, before fees+0.258%+ Points / potential airdropGRVT: Active · farm board+$26 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 0.307% cheaper against KuCoin than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1273 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $2.9M | $6.4M | 75x |
| Short | GRVT OP_USDT_Perp | 0.1270 | 0.0100 | get 0.0100% / 8h | 3h 30m | $318K | $5.0M | 10x |
KuCoin OPUSDTM
GRVT OP_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: −0.273% → +0.034%
- −$30.69
- Slippage, 4 orders
- −$68.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$119.75
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; GRVT: live order book, 3 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, 2 min ago | 7.89 bp | 30.0 bp −$30 | 82.5 bp −$825 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 3.94 bp | 19.5 bp −$20 | 154.3 bp −$1,543 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1568% | 1h | 0.1263 | −0.786% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1275 | +0.184% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1271 | −0.175% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1275 | +0.157% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1275 | +0.157% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1270 | −0.236% | $25K | $58K | 50x | as long as short |
| Variational Omni OP | +0.0047% | 8h | 0.1274 | +0.096% | $225K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1275 | +0.157% | $6K | $46K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0056% | 1h | 0.1276 | +0.215% | $782K | $555K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0086% | 8h | 0.1272 | −0.063% | $6.3M | $28.7M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1272 | −0.063% | $276K | $945K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1273 | +0.024% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1272 | −0.049% | $212K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1274 | +0.040% | $20.6M | $61.0M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1272 | −0.094% | $18.7M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1274 | +0.079% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1275 | +0.118% | $21.4M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1273 | long leg | $2.9M | $6.4M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1273 | 0.000% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1273 | 0.000% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1274 | +0.071% | $118K | $207K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1269 | −0.303% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perpshort | +0.0100% | 8h | 0.1270 | −0.273% | $318K | $5.0M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1270 | −0.236% | $44K | $709K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1275 | +0.165% | $187 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1276 | +0.204% | $173K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1273 | −0.019% | $102K | $391K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1275 | +0.157% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1275 | +0.181% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1274 | +0.100% | $709 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP