Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRnext payment +$3.88 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin+0.097%68s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as 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−$2312.312% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 3 days (all we have)+0.235%+$24 · spread now +0.097%, 7d avg +0.031%
=Together, before fees+0.069%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.067% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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 BEUSDTM | 274.57 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $371K | $22K | 20x |
| Short | GRVT BE_USDT_Perp | 274.84 | 0.0488 | get 0.0488% / 8h | 7h 54m | $6K | $182K | 10x |
KuCoin BEUSDTM
GRVT BE_USDT_PerpFunding 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
- $81.48
- Price spread: +0.097% → +0.031%
- $6.68
- Slippage, 4 orders
- −$210.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$143.05
- Costs to cover
- 2.312%
- Break-even
- 19.3 days
Slippage from KuCoin: live order book, 67 min ago; GRVT: live order book, 14 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, 67 min ago | 17.20 bp | 94.8 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 14 min ago | 2.19 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.50 | −0.026% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.50 | −0.025% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.50 | −0.025% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.30 | +0.266% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.175% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.51 | −0.022% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.60 | +0.011% | $250K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.62 | +0.018% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.46 | −0.040% | $115K | $116K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.70 | +0.047% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEUSDT | +0.0094% | 8h | 274.76 | +0.069% | $8.5M | $36.6M | 25x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.71 | +0.049% | $46K | $266K | 10x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 274.57 | long leg | $371K | $22K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.24 | −0.120% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.455% | $467K | $112K | 10x | as long as short |
| Bybit BEUSDT | +0.0164% | 8h | 274.61 | +0.015% | $2.0M | $1.2M | 25x | as long as short |
| BloFin BE-USDT | +0.0211% | 8h | 274.86 | +0.106% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0256% | 8h | 274.76 | +0.069% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0333% | 1h | 274.69 | +0.044% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perpshort | +0.0488% | 8h | 274.84 | +0.097% | $6K | $182K | 10x | |
| tradeXYZ xyz:BE | +0.0852% | 1h | 274.56 | −0.004% | $5.9M | $2.9M | 10x | as long as short |
Binance BEUSDT
Extended BE-USD
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Bybit BEUSDT
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
tradeXYZ xyz:BE