Funding you earn now, next payment 16:00 UTC−0.0635%/8h= −69.5% APRnext payment −$6.35 per $10,000 · paid last 24h −0.014%
Price spread now: GRVT against KuCoin+0.065%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$440as in the Price arb table
costs, in and out, $10k−$4384.383% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.566%+$57 · spread now +0.065%, 7d avg +0.079%
=Together, before fees+0.466%+ Points / potential airdropGRVT: Active · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.35 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 | KuCoin AXTIUSDTM | 77.620 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $590K | $547K | 20x |
| Short | GRVT AXTI_USDT_Perp | 77.671 | −0.0535 | pay 0.0535% / 8h | 7h 42m | $908 | $210K | 10x |
Funding 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
- −$133.35
- Price spread: +0.065% → +0.079%
- −$1.41
- Slippage, 4 orders
- −$417.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$573.06
- Costs to cover
- 4.383%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 51 min ago; GRVT: live order book, 54 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, 51 min ago | 25.49 bp | 236.7 bp −$237 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 54 min ago | 4.47 bp | 17.1 bp −$17 | 68.7 bp −$687 | doesn't fit | doesn't fit |
AXTI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1577% | 8h | 77.560 | −0.077% | $1.1M | $3.9M | 20x | as long as short |
| GRVT AXTI_USDT_Perpshort | −0.0535% | 8h | 77.671 | +0.065% | $908 | $210K | 10x | |
| Bybit AXTIUSDT | −0.0001% | 8h | 77.600 | −0.026% | $1.8M | $1.4M | 25x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 77.610 | −0.013% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 77.561 | −0.077% | $6K | $286K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 77.570 | −0.064% | $8.3M | $35.8M | 20x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.420 | −0.258% | $2.6M | $11.5M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 77.560 | −0.077% | $1.6M | $6.3M | 50x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 77.450 | −0.219% | $1K | $881K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 77.540 | −0.103% | $19K | $44K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0005% | 1h | 77.610 | −0.013% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 77.570 | −0.064% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 77.620 | long leg | $590K | $547K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 77.577 | −0.055% | — | — | 10x | as long as short |
KuCoin AXTIUSDTM
GRVT AXTI_USDT_Perp
Bitget AXTIUSDT
Bybit AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI