Funding you earn now, next payment 12:00 UTC+0.0486%/8h= +53.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.064%
Price spread now: KuCoin against GRVT+0.050%68s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as 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−$1761.759% of the position
Funding, last 7 days−0.334%−$33 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.050%, 7d avg −0.036%
=Together, before fees−0.345%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.087% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.334%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.334% in total (about -17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PROVE_USDT_Perp | 0.2296 | −0.0972 | get 0.0486% / 4h | 3h 56m | $223K | $3.5M | 10x |
| Short | KuCoin PROVEUSDTM | 0.2297 | −0.0486 | pay 0.0243% / 4h | 3h 56m | $2.8M | $682K | 50x |
GRVT PROVE_USDT_Perp
KuCoin PROVEUSDTMFunding 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
- $102.06
- Price spread: +0.050% → −0.036%
- $8.68
- Slippage, 4 orders
- −$154.88
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.15
- Costs to cover
- 1.759%
- Break-even
- 11.5 days
Slippage from GRVT: live order book, 3 min ago; KuCoin: live order book, 11 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, 3 min ago | 4.36 bp | 42.8 bp −$43 | 3228.8 bp −$32.3K | 122247.5 bp −$12.22M | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 4.78 bp | 55.2 bp −$55 | 424.3 bp −$4,243 | doesn't fit | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PROVEUSDT | −0.1074% | 1h | 0.2298 | +0.107% | $15K | $308K | 50x | as long as short |
| GRVT PROVE_USDT_Perplong | −0.0972% | 4h | 0.2296 | long leg | $223K | $3.5M | 10x | |
| Aster PROVEUSDT | −0.0966% | 4h | 0.2295 | −0.016% | $38K | $208K | 5x | as long as short |
| Bitget PROVEUSDT | −0.0832% | 4h | 0.2298 | +0.107% | $631K | $3.6M | 50x | as long as short |
| Hyperliquid PROVE | −0.0521% | 1h | 0.2296 | +0.042% | $323K | $690K | 3x | as long as short |
| KuCoin PROVEUSDTMshort | −0.0486% | 4h | 0.2297 | +0.050% | $2.8M | $682K | 50x | |
| OKX PROVE-USDT-SWAP | −0.0476% | 4h | 0.2295 | −0.024% | $640K | $6.4M | 20x | as long as short |
| MEXC PROVE_USDT | −0.0466% | 4h | 0.2295 | −0.024% | $302K | $379K | 20x | as long as short |
| Binance PROVEUSDT | −0.0462% | 4h | 0.2295 | −0.017% | $3.4M | $29.1M | 75x | as long as short |
| Bybit PROVEUSDT | +0.0007% | 4h | 0.2301 | +0.238% | $2.1M | $8.5M | 25x | as long as short |
ApeX Omni PROVEUSDT
Aster PROVEUSDT
Bitget PROVEUSDT
Hyperliquid PROVE
OKX PROVE-USDT-SWAP
MEXC PROVE_USDT
Binance PROVEUSDT
Bybit PROVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PROVE_USDT | +0.0042% | 4h | 0.2298 | +0.107% | $157K | $686K | 75x | as long as short |
| Lighter PROVE | +0.0096% | 1h | 0.2300 | +0.185% | $36K | $118K | 3x | as long as short |
| BingX PROVE-USDT | +0.0100% | 4h | 0.2296 | +0.020% | — | $2.4M | — | as long as short |
| Variational Omni PROVE | +0.0100% | 4h | 0.2302 | +0.268% | $27K | $45K | — | as long as short |
Gate PROVE_USDT
Lighter PROVE
BingX PROVE-USDT
Variational Omni PROVE