Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against GRVT−0.093%83s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as 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−$1691.688% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.093%, 7d avg −0.067%
=Together, before fees−0.092%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.027% cheaper against GRVT than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.006% in total) that is about 31 days. 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 AAPL_USDT_Perp | 339.85 | 0 | get 0.0000% / 8h | 18m 13s | $13K | $357K | 10x |
| Short | KuCoin AAPLUSDTM | 339.53 | 0.0100 | get 0.0100% / 8h | 18m 13s | $1.4M | $47K | 20x |
GRVT AAPL_USDT_Perp
KuCoin AAPLUSDTMFunding 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
- $21
- Price spread: −0.093% → −0.067%
- −$2.66
- Slippage, 4 orders
- −$147.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$150.5
- Costs to cover
- 1.688%
- Break-even
- 57.2 days
Slippage from GRVT: live order book, 19 min ago; KuCoin: live order book, 7 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, 19 min ago | 1.33 bp | 7.5 bp −$8 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.33 bp | 69.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0422% | 4h | 339.75 | −0.028% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0152% | 1h | 339.78 | −0.021% | $556K | $37K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0015% | 1h | 339.67 | −0.052% | $28K | $69K | 10x | as long as short |
| BloFin AAPL-USDT | −0.0005% | 8h | 339.83 | −0.005% | $345K | $167K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.77 | −0.023% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.76 | −0.026% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.85 | 0.000% | $22.1M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.80 | −0.014% | $6.1M | $155.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.80 | −0.014% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | −0.058% | $3.0M | $5.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.91 | +0.019% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.81 | −0.009% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perplong | 0.0000% | 8h | 339.85 | long leg | $13K | $357K | 10x | |
| SunX AAPL-USDT | 0.0000% | 8h | 339.85 | +0.001% | $720 | $4.5M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.93 | +0.024% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.87 | +0.007% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.71 | −0.040% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.76 | −0.024% | $942K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.74 | −0.031% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.68 | −0.049% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.71 | −0.040% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.78 | −0.020% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | −0.037% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.77 | −0.023% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.64 | −0.061% | $1.3M | $2.3M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 339.74 | −0.031% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.087% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.53 | −0.093% | $1.4M | $47K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.72 | −0.037% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.74 | −0.031% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.72 | −0.037% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.62 | −0.067% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.82 | −0.008% | $5K | $12K | 20x | as long as short |
Bitget AAPLUSDT
Variational Omni AAPL
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL