Funding you earn now, next payment 08:00 UTC−0.1408%/8h= −154.2% APRnext payment −$14.08 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against GRVT+0.031%53s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as 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−$2702.704% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.031%, 7d avg −0.042%
=Together, before fees+0.110%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.073% dearer against GRVT than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.042%): +$7 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.239%, so the current rate has only just turned against you. The two prices were read 53 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 0.239% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.08 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 | GRVT DELL_USDT_Perp | 578.96 | 0.1508 | pay 0.1508% / 8h | 7h 26m | $938 | $163K | 10x |
| Short | KuCoin DELLUSDTM | 579.14 | 0.0100 | get 0.0100% / 8h | 7h 26m | $949K | $30K | 20x |
Funding 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
- −$295.68
- Price spread: +0.031% → −0.042%
- $7.27
- Slippage, 4 orders
- −$249.43
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$558.83
- Costs to cover
- 2.704%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 41 min ago; KuCoin: live order book, 38 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, 41 min ago | 1.13 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 11.51 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 578.80 | −0.028% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 579.66 | +0.121% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.259% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 579.14 | +0.031% | $949K | $30K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 580.50 | +0.266% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 580.32 | +0.235% | $18K | $58K | 10x | as long as short |
| Bitget DELLUSDT | +0.0226% | 8h | 579.75 | +0.136% | $3.6M | $4.7M | 20x | as long as short |
| tradeXYZ xyz:DELL | +0.0297% | 1h | 579.01 | +0.009% | $7.4M | $7.0M | 10x | as long as short |
| Gate DELL_USDT | +0.0345% | 8h | 579.59 | +0.109% | $4.1M | $7.6M | 50x | as long as short |
| Bybit DELLUSDT | +0.0383% | 8h | 579.62 | +0.114% | $6.2M | $3.9M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0417% | 8h | 578.80 | −0.028% | $263K | $82K | — | as long as short |
| edgeX DELLUSDC | +0.0471% | 4h | 579.55 | +0.101% | $5K | $332K | 10x | as long as short |
| Extended DELL-USD | +0.0552% | 1h | 579.98 | +0.177% | $340K | $2.0M | 10x | as long as short |
| Binance DELLUSDT | +0.0554% | 8h | 579.88 | +0.159% | $18.8M | $65.8M | 20x | as long as short |
| BloFin DELL-USDT | +0.0561% | 8h | 580.19 | +0.212% | $321K | $222K | 20x | as long as short |
| OKX DELL-USDT-SWAP | +0.0681% | 8h | 579.83 | +0.150% | $5.9M | $6.5M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0735% | 1h | 579.89 | +0.161% | $8K | $54K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 578.31 | −0.112% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0856% | 1h | 578.57 | −0.067% | $69K | $15K | 10x | as long as short |
| GRVT DELL_USDT_Perplong | +0.1508% | 8h | 578.96 | long leg | $938 | $163K | 10x |
GRVT DELL_USDT_Perp
KuCoin DELLUSDTM
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
HTX DELL-USDT
Bitget DELLUSDT
tradeXYZ xyz:DELL
Gate DELL_USDT
Bybit DELLUSDT
Variational Omni DELL
edgeX DELLUSDC
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
Phoenix DELL