Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against GRVT−0.013%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1551.549% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.013%, 7d avg −0.102%
=Together, before fees+0.093%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.090% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BABA_USDT_Perp | 117.79 | 0 | get 0.0000% / 8h | 5h 57m | $3K | $222K | 10x |
| Short | KuCoin BABAUSDTM | 117.77 | 0.0100 | get 0.0100% / 8h | 5h 57m | $612K | $524K | 20x |
GRVT BABA_USDT_Perp
KuCoin BABAUSDTMFunding 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: −0.013% → −0.102%
- $8.97
- Slippage, 4 orders
- −$133.93
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$124.97
- Costs to cover
- 1.549%
- Break-even
- 48.7 days
Slippage from GRVT: live order book, 5 min ago; KuCoin: live order book, 41 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, 5 min ago | 2.11 bp | 6.6 bp −$7 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 23.02 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 117.84 | +0.050% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.92 | +0.115% | $2.2M | $579K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.94 | +0.132% | $1.5M | $1.6M | 50x | as long as short |
| GRVT BABA_USDT_Perplong | 0.0000% | 8h | 117.79 | long leg | $3K | $222K | 10x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.97 | +0.157% | $572 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.91 | +0.106% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.01 | +0.191% | $388K | $46K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.85 | +0.055% | $427K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.651% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.90 | +0.098% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.95 | +0.140% | — | $18K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.89 | +0.089% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.75 | −0.030% | $238K | $372K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0060% | 1h | 117.88 | +0.081% | $12.1M | $3.5M | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 117.94 | +0.132% | $1.2M | $4.5M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 117.77 | −0.013% | $612K | $524K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.93 | +0.123% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0122% | 8h | 118.22 | +0.373% | $266K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.96 | +0.148% | $46K | $368K | 10x | as long as short |
| Binance BABAUSDT | +0.0179% | 8h | 117.96 | +0.149% | $15.6M | $23.9M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.86 | +0.064% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0260% | 8h | 117.91 | +0.106% | $2.5M | $1.3M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT