Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.033%
Price spread now: KuCoin against GRVT+0.006%53s7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$837as 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−$8348.344% of the position
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.006%, 7d avg −0.122%
=Together, before fees−0.245%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.128% dearer against GRVT than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.122%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.025% in total) that is about 35 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GLW_USDT_Perp | 161.96 | 0.0182 | pay 0.0182% / 8h | 7h 04m | $100 | $168K | 10x |
| Short | KuCoin GLWUSDTM | 161.97 | 0.0100 | get 0.0100% / 8h | 7h 04m | $325K | $988K | 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
- −$17.22
- Price spread: +0.006% → −0.122%
- $12.83
- Slippage, 4 orders
- −$813.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$838.77
- Costs to cover
- 8.344%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 63 min ago; KuCoin: live order book, 25 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, 63 min ago | 1.86 bp | 12.5 bp −$13 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 3.72 bp | 351.5 bp −$352 | doesn't fit | doesn't fit | doesn't fit |
GLW on 17 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 GLWUSDT | 0.0000% | 8h | 162.14 | +0.114% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 162.00 | +0.025% | $934K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 162.01 | +0.031% | $2.2M | $4.3M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 162.05 | +0.056% | $964 | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 162.03 | +0.043% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 162.04 | +0.049% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.90 | −0.037% | $303K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 162.20 | +0.148% | $1.2M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.97 | +0.003% | $322K | $38K | 10x | as long as short |
| KuCoin GLWUSDTMshort | +0.0100% | 8h | 161.97 | +0.006% | $325K | $988K | 20x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 162.15 | +0.117% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0182% | 8h | 161.96 | long leg | $100 | $168K | 10x | |
| OKX GLW-USDT-SWAP | +0.0228% | 8h | 162.21 | +0.154% | $2.3M | $4.4M | 20x | as long as short |
| Bitget GLWUSDT | +0.0389% | 8h | 162.15 | +0.117% | $2.2M | $806K | 20x | as long as short |
| BloFin GLW-USDT | +0.0529% | 8h | 162.12 | +0.099% | $151K | $36K | 20x | as long as short |
| Extended GLW-USD | +0.0544% | 1h | 162.19 | +0.145% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0552% | 8h | 162.24 | +0.173% | $10.8M | $21.6M | 20x | as long as short |
GRVT GLW_USDT_Perp
KuCoin GLWUSDTM
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Paragon para:GLW
OKX GLW-USDT-SWAP
Bitget GLWUSDT
BloFin GLW-USDT
Extended GLW-USD
Binance GLWUSDT