Funding you earn now, next payment 00:00 UTC+0.0556%/8h= +60.9% APRnext payment +$5.56 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against KuCoin+0.111%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3523.522% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.111%, 7d avg +0.042%
=Together, before fees−0.118%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and GRVT is 0.068% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.56 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 EWYUSDTM | 189.70 | 0.0100 | pay 0.0100% / 8h | 16m 48s | $966K | $688K | 20x |
| Short | GRVT EWY_USDT_Perp | 189.91 | 0.0656 | get 0.0656% / 8h | 16m 48s | $751K | $395K | 10x |
Funding 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
- $116.76
- Price spread: +0.111% → +0.042%
- $6.82
- Slippage, 4 orders
- −$331.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$228.62
- Costs to cover
- 3.522%
- Break-even
- 20.7 days
Slippage from KuCoin: live order book, 53 min ago; GRVT: live order book, 61 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, 53 min ago | 3.44 bp | 156.1 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 61 min ago | 1.59 bp | 6.6 bp −$7 | 12.1 bp −$121 | doesn't fit | doesn't fit |
EWY on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWY_USDT | 0.0000% | 8h | 189.89 | +0.100% | $3.6M | $3.1M | 50x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 189.65 | −0.026% | — | $2.7M | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 189.89 | +0.100% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 189.74 | +0.021% | $377K | $62K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 189.95 | +0.132% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 189.92 | +0.116% | $195K | $138K | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 189.74 | +0.021% | $51K | $59K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 189.74 | +0.021% | $4K | $81 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 189.87 | +0.090% | $774 | $3K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 189.73 | +0.016% | $243K | $207K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWYUSDTMlong | +0.0100% | 8h | 189.70 | long leg | $966K | $688K | 20x | |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 189.86 | +0.084% | $13K | $262K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 189.88 | +0.095% | $2K | $1K | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0138% | 8h | 190.04 | +0.180% | $23 | — | 5x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0144% | 1h | 189.88 | +0.095% | $527K | $342K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0151% | 1h | 189.82 | +0.063% | $6.7M | $14.7M | 20x | as long as short |
| Bybit EWYUSDT | +0.0170% | 8h | 189.96 | +0.137% | $5.3M | $4.2M | 100x | as long as short |
| HTX EWY-USDT | +0.0223% | 8h | 189.99 | +0.153% | $36K | $8K | 20x | as long as short |
| Bitget EWYUSDT | +0.0224% | 8h | 189.89 | +0.100% | $2.6M | $1.5M | 20x | as long as short |
| Hotstuff EWY-PERP | +0.0232% | 1h | 189.88 | +0.095% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0306% | 4h | 189.83 | +0.066% | $425K | $276K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0325% | 8h | 189.96 | +0.137% | $4.0M | $4.0M | 50x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0435% | 1h | 189.90 | +0.105% | $2K | $13K | 20x | as long as short |
| Aster EWYUSDT | +0.0562% | 8h | 189.75 | +0.027% | $294K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0645% | 8h | 189.77 | +0.037% | $1.5M | $991K | — | as long as short |
| GRVT EWY_USDT_Perpshort | +0.0656% | 8h | 189.91 | +0.111% | $751K | $395K | 10x | |
| MEXC EWY_USDT | +0.0682% | 8h | 189.85 | +0.079% | $7.5M | $4.5M | 100x | as long as short |
| Binance EWYUSDT | +0.0687% | 8h | 189.85 | +0.079% | $28.6M | $79.7M | 50x | as long as short |
| Extended EWY_24_5-USD | +0.0688% | 1h | 189.81 | +0.060% | $298K | $396K | 10x | as long as short |
| BloFin EWY-USDT | +0.0705% | 8h | 189.90 | +0.105% | $47K | $214K | 50x | as long as short |
KuCoin EWYUSDTM
GRVT EWY_USDT_Perp
Gate EWY_USDT
SunX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Polymarket Perps EWY-USD
SoDEX EWY-USD
ApeX Omni EWYUSDT
Paradex EWY-USD-PERP
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Bybit EWYUSDT
HTX EWY-USDT
Bitget EWYUSDT
edgeX EWYUSDC
OKX EWY-USDT-SWAP
Deribit EWY_USDC-PERPETUAL
Aster EWYUSDT
Variational Omni EWY
MEXC EWY_USDT
Binance EWYUSDT
Extended EWY_24_5-USD
BloFin EWY-USDT