Funding you earn now, next payment 08:00 UTC−0.1878%/8h= −205.6% APRnext payment −$9.39 per $10,000 · paid last 24h −0.046%
Price spread now: KuCoin against GRVT−0.007%83s7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.007%, 7d avg +0.013%
=Together, before fees−0.049%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$56 a day on $10k at the current rate. The two prices were read 83 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 -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.39 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 HANMI_USDT_Perp | 178.47 | 0 | get 0.0000% / 4h | 3h 46m | $489 | $145K | 10x |
| Short | KuCoin HANMIUSDTM | 178.46 | −0.1878 | pay 0.0939% / 4h | 3h 46m | $12K | $499K | 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
- −$394.38
- Price spread: −0.007% → +0.013%
- −$1.92
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$417.3
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; KuCoin: live order book, 27 min ago. Net counts fees only.
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 | 5.05 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 4.47 bp | 46.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
HANMI on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HANMIUSDT | −0.2438% | 8h | 178.46 | −0.007% | $40K | $2.0M | 20x | as long as short |
| Binance HANMIUSDT | −0.2030% | 4h | 178.19 | −0.155% | $108K | $1.4M | 20x | as long as short |
| KuCoin HANMIUSDTMshort | −0.1878% | 4h | 178.46 | −0.007% | $12K | $499K | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.50 | +0.016% | $36K | $68K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.040% | $15K | $205K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 178.73 | +0.145% | $52K | $27K | 20x | as long as short |
| GRVT HANMI_USDT_Perplong | 0.0000% | 4h | 178.47 | long leg | $489 | $145K | 10x | |
| HTX HANMI-USDT | 0.0000% | 4h | 178.22 | −0.141% | $7K | $350K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0117% | 4h | 178.18 | −0.163% | $18K | $261K | 10x | as long as short |
GRVT HANMI_USDT_Perp
KuCoin HANMIUSDTM
Bitget HANMIUSDT
Binance HANMIUSDT
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC