Funding you earn now, next payment 08:00 UTC−0.0670%/8h= −73.4% APRnext payment −$6.70 per $10,000 · paid last 24h +0.120%
Price spread now: KuCoin against GRVT−0.133%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 3 days (all we have)−0.197%−$20 · spread now −0.133%, 7d avg −0.080%
=Together, before fees−0.329%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.053% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.70 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 XMR_USDT_Perp | 593.01 | 0.1340 | pay 0.1340% / 8h | 7h 37m | $350K | $804K | 10x |
| Short | KuCoin XMRUSDTM | 592.22 | 0.0670 | get 0.0670% / 8h | 7h 37m | $48.5M | $26.1M | 50x |
GRVT XMR_USDT_Perp
KuCoin XMRUSDTMFunding 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
- −$140.7
- Price spread: −0.133% → −0.080%
- −$5.34
- Slippage, 4 orders
- −$48.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$215.64
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 36 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 36 min ago | 0.09 bp | 11.2 bp −$11 | 60661.6 bp −$606.6K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.13 bp | 25.2 bp −$25 | 48.8 bp −$488 | doesn't fit | doesn't fit |
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 590.88 | −0.359% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +0.632% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0083% | 1h | 591.68 | −0.225% | $107K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 592.20 | −0.137% | $1.1M | $659K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 591.50 | −0.255% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 591.95 | −0.179% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 592.69 | −0.054% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0419% | 8h | 592.29 | −0.122% | $21.6M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0423% | 8h | 592.40 | −0.104% | $54.2M | $167.0M | 75x | as long as short |
| Bitget XMRUSDT | +0.0519% | 8h | 592.73 | −0.047% | $9.8M | $14.5M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
dYdX XMR-USD
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | +0.0604% | 8h | 592.49 | −0.088% | $2.8M | $11.7M | 75x | as long as short |
| Aster XMRUSDT | +0.0635% | 8h | 592.41 | −0.101% | $655K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0643% | 1h | 591.32 | −0.285% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 592.94 | −0.012% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTMshort | +0.0670% | 8h | 592.22 | −0.133% | $48.5M | $26.1M | 50x | |
| Variational Omni XMR | +0.0778% | 8h | 592.85 | −0.027% | $6.7M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0870% / S −0.2452% | 1h | 590.79 | −0.375% | $549K | — | 100x | as long as short |
| Backpack XMR_USDC_PERP | +0.0940% | 1h | 591.84 | −0.197% | $201K | $549K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1023% | 8h | 592.19 | −0.138% | $42K | $738K | 10x | as long as short |
| Gate XMR_USDT | +0.1040% | 8h | 591.58 | −0.241% | $1.6M | $4.6M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.1147% | 8h | 592.49 | −0.087% | $8K | $4K | 20x | as long as short |
| Lighter XMR | +0.1240% | 1h | 592.35 | −0.111% | $3.3M | $7.1M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1334% | 1h | 592.14 | −0.147% | $48K | $1.9M | 5x | as long as short |
| GRVT XMR_USDT_Perplong | +0.1340% | 8h | 593.01 | long leg | $350K | $804K | 10x | |
| Nado XMR-PERP | +0.1358% | 1h | 592.24 | −0.130% | $1.3M | $467K | 10x | as long as short |
| BingX XMR-USDT | +0.1447% | 8h | 592.72 | −0.049% | — | $5.8M | — | as long as short |
| SoDEX XMR-USD | +0.1473% | 1h | 592.32 | −0.116% | $450K | $3K | 5x | as long as short |
| Bybit XMRUSDT | +0.1512% | 8h | 592.86 | −0.025% | $47.7M | $64.7M | 75x | as long as short |
| Hyperliquid XMR | +0.2111% | 1h | 593.32 | +0.052% | $89.8M | $72.4M | 5x | as long as short |
| Extended XMR-USD | +0.2432% | 1h | 592.29 | −0.121% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2537% | 1h | 591.63 | −0.232% | $1K | $46K | 10x | as long as short |
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Backpack XMR_USDC_PERP
Orderly PERP_XMR_USDC
Gate XMR_USDT
Paradex XMR-USD-PERP
Lighter XMR
Polymarket Perps XMR-USD
Nado XMR-PERP
BingX XMR-USDT
SoDEX XMR-USD
Bybit XMRUSDT
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD