Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against GRVT−0.030%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2212.215% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.030%, 7d avg −0.018%
=Together, before fees+0.184%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COIN_USDT_Perp | 202.03 | 0 | get 0.0000% / 8h | 16m 50s | $12K | $2.0M | 10x |
| Short | KuCoin COINUSDTM | 201.97 | 0.0100 | get 0.0100% / 8h | 16m 50s | $1.0M | $138K | 20x |
GRVT COIN_USDT_Perp
KuCoin COINUSDTMFunding 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: −0.030% → −0.018%
- −$1.2
- Slippage, 4 orders
- −$200.48
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$201.68
- Costs to cover
- 2.215%
- Break-even
- 74.2 days
Slippage from GRVT: live order book, 2 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, 2 min ago | 1.24 bp | 9.0 bp −$9 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.91 bp | 128.3 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.40 | −0.312% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.93 | −0.051% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.86 | −0.082% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.91 | −0.061% | $15.6M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.93 | −0.049% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.89 | −0.069% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.90 | −0.064% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.89 | −0.068% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 202.03 | long leg | $12K | $2.0M | 10x | |
| Bitget COINUSDT | +0.0001% | 8h | 202.02 | −0.005% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 201.84 | −0.094% | $1.4M | $4.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.90 | −0.064% | $435K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.07 | +0.020% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.83 | −0.099% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.83 | −0.099% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.91 | −0.059% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.109% | $361K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 201.93 | −0.050% | $377K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 201.97 | −0.030% | $1.0M | $138K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.89 | −0.069% | $91K | $310K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.86 | −0.084% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.88 | −0.075% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.87 | −0.079% | $200K | $342K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0140% | 1h | 202.05 | +0.010% | $16.6M | $13.2M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 201.85 | −0.089% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0427% | 4h | 201.94 | −0.046% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC