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: GRVT against KuCoin+0.030%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as 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 | KuCoin COINUSDTM | 201.97 | 0.0100 | pay 0.0100% / 8h | 16m 49s | $1.0M | $138K | 20x |
| Short | GRVT COIN_USDT_Perp | 202.03 | 0 | get 0.0000% / 8h | 16m 49s | $12K | $2.0M | 10x |
KuCoin COINUSDTM
GRVT COIN_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
- −$21
- Price spread: +0.030% → +0.018%
- $1.2
- Slippage, 4 orders
- −$200.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$241.28
- Costs to cover
- 2.215%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; GRVT: live order book, 2 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, 3 min ago | 8.91 bp | 72.6 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.24 bp | 11.6 bp −$12 | 18.4 bp −$184 | 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 | −0.282% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.93 | −0.021% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.86 | −0.052% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.91 | −0.031% | $15.6M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.93 | −0.020% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.89 | −0.040% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.90 | −0.035% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.89 | −0.038% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 202.03 | +0.030% | $12K | $2.0M | 10x | |
| Bitget COINUSDT | +0.0001% | 8h | 202.02 | +0.025% | $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 | −0.064% | $1.4M | $4.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.90 | −0.035% | $435K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.07 | +0.050% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.83 | −0.069% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.83 | −0.069% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.91 | −0.030% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.079% | $361K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 201.93 | −0.020% | $377K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 201.97 | long leg | $1.0M | $138K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.89 | −0.040% | $91K | $310K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.86 | −0.054% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.88 | −0.045% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.87 | −0.050% | $200K | $342K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0140% | 1h | 202.05 | +0.040% | $16.6M | $13.2M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 201.85 | −0.059% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0427% | 4h | 201.94 | −0.016% | $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