Settings8H · net · $10k
Funding arb · Price arb /

HD

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.028%
Price spread now: GRVT against KuCoin+0.267%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.267% dearer against KuCoin than usual: you sell high and buy low (spread +0.267% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 7 days (−0.010% in total) that is about 7 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HDUSDTM296.880.0100pay 0.0100% / 8h3h 48m$123K$547K20x
ShortGRVT HD_USDT_Perp297.670get 0.0000% / 8h3h 48m$86$99K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.267% → 0.000%
$26.72
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$15.28
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 25 min ago; GRVT: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 25 min ago55.44 bp1054.0 bp −$1,054doesn't fitdoesn't fitdoesn't fit
Sell GRVT no order-book sample
GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HD on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HDUSDT0.0000%8h297.84+0.323%$3K$29220xas long as short
Binance HDUSDT0.0000%8h297.87+0.332%$350K$338K20xas long as short
Bybit HDUSDT0.0000%8h298.16+0.431%$58K$2K25xas long as short
Gate HD_USDT0.0000%8h297.70+0.276%$128K$2K20xas long as short
Variational Omni HD0.0000%8h297.76+0.297%$40K$52Kas long as short
GRVT HD_USDT_Perpshort0.0000%8h297.67+0.267%$86$99K10x
SunX HD-USDT0.0000%8h297.61+0.246%$1K$828K10xas long as short
HTX HD-USDT0.0000%8h297.75+0.293%$5K$14K10xas long as short
KuCoin HDUSDTMlong+0.0100%8h296.88long leg$123K$547K20x