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: GRVT against KuCoin+0.018%98s7-day average −0.013% · you sell dearer than you buy
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)+0.028%+$3 · spread now +0.018%, 7d avg −0.013%
=Together, before fees+0.038%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and GRVT is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 98 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 | KuCoin HANMIUSDTM | 178.44 | −0.1878 | get 0.0939% / 4h | 3h 45m | $12K | $499K | 20x |
| Short | GRVT HANMI_USDT_Perp | 178.47 | 0 | get 0.0000% / 4h | 3h 45m | $489 | $145K | 10x |
KuCoin HANMIUSDTM
GRVT HANMI_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
- $394.38
- Price spread: +0.018% → −0.013%
- $3.04
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $376.42
- Costs to cover
- 0.210%
- Break-even
- 0.3 days
Slippage unknown: KuCoin: live order book, 27 min ago; GRVT: live order book, 2 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 KuCoin live order book, 27 min ago | 4.47 bp | 145.4 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 5.05 bp | doesn't fit | 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 | 178.28 | −0.090% | $40K | $2.0M | 20x | as long as short |
| Binance HANMIUSDT | −0.2030% | 4h | 177.95 | −0.277% | $108K | $1.4M | 20x | as long as short |
| KuCoin HANMIUSDTMlong | −0.1878% | 4h | 178.44 | long leg | $12K | $499K | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.31 | −0.073% | $36K | $68K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.022% | $15K | $205K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 178.72 | +0.157% | $52K | $27K | 20x | as long as short |
| GRVT HANMI_USDT_Perpshort | 0.0000% | 4h | 178.47 | +0.018% | $489 | $145K | 10x | |
| HTX HANMI-USDT | 0.0000% | 4h | 178.22 | −0.123% | $7K | $350K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0117% | 4h | 178.18 | −0.146% | $18K | $261K | 10x | as long as short |
Bitget HANMIUSDT
Binance HANMIUSDT
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC