Funding you earn now, next payment 08:00 UTC−0.0611%/8h= −66.9% APRnext payment −$6.11 per $10,000 · paid last 24h −0.060%
Price spread now: KuCoin against GRVT−0.127%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1731.731% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.127%, 7d avg −0.077%
=Together, before fees+0.122%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.11 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 AMD_USDT_Perp | 621.15 | 0.0711 | pay 0.0711% / 8h | 5h 32m | $18K | $136K | 10x |
| Short | KuCoin AMDUSDTM | 620.36 | 0.0100 | get 0.0100% / 8h | 5h 32m | $1.9M | $283K | 20x |
GRVT AMD_USDT_Perp
KuCoin AMDUSDTMFunding 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
- −$128.31
- Price spread: −0.127% → −0.077%
- −$4.98
- Slippage, 4 orders
- −$152.11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$306.39
- Costs to cover
- 1.731%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; KuCoin: 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 GRVT live order book, 29 min ago | 1.77 bp | 9.1 bp −$9 | 4751.9 bp −$47.5K | 137466.2 bp −$13.75M | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.29 bp | 117.5 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
AMD 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0724% | 4h | 621.10 | −0.007% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.36 | +0.034% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.18 | +0.005% | $122K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.88 | −0.043% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0006% | 8h | 621.32 | +0.028% | $4.5M | $13.3M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.54 | −0.098% | $850K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.518% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.12 | −0.004% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.80 | −0.056% | $398K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.93 | −0.196% | $1.5M | $4.1M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0056% | 1h | 621.91 | +0.123% | — | $923K | 25x | as long as short |
| Bitget AMDUSDT | +0.0071% | 8h | 621.31 | +0.026% | $10.3M | $17.1M | 20x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.13 | −0.003% | $2.1M | $12.0M | 10x | as long as short |
| KuCoin AMDUSDTMshort | +0.0100% | 8h | 620.36 | −0.127% | $1.9M | $283K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.76 | −0.062% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.10 | −0.008% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 620.69 | −0.074% | $300K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0158% | 1h | 620.65 | −0.080% | $25.1M | $93.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0210% | 1h | 621.04 | −0.017% | $25K | $24K | 10x | as long as short |
| Lighter AMD | +0.0240% | 1h | 620.70 | −0.072% | $545K | $2.4M | 10x | as long as short |
| Phoenix AMD | +0.0245% | 1h | 620.75 | −0.064% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 621.55 | +0.064% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0304% | 8h | 621.06 | −0.014% | $6.9M | $27.9M | 25x | as long as short |
| Nado AMD-PERP | +0.0317% | 1h | 620.18 | −0.157% | $268K | $213K | 10x | as long as short |
| Aster AMDUSDT | +0.0405% | 8h | 620.64 | −0.082% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perplong | +0.0711% | 8h | 621.15 | long leg | $18K | $136K | 10x | |
| Variational Omni AMD | +0.0719% | 8h | 621.22 | +0.012% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0757% | 8h | 621.40 | +0.041% | $7K | $548K | 20x | as long as short |
| Binance AMDUSDT | +0.0781% | 8h | 621.32 | +0.027% | $75.6M | $190.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.16 | +0.002% | $463K | $1.9M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0943% | 1h | 620.80 | −0.056% | $77K | $151K | 10x | as long as short |
Vest AMD-USD-PERP
Bitget AMDUSDT
QFEX AMD-USD
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
SoDEX AMD-USD
Lighter AMD
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Deribit AMD_USDC-PERPETUAL