Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against KuCoin+0.053%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1341.340% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.053%, 7d avg +0.021%
=Together, before fees+0.019%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 122.77 | 0.0100 | pay 0.0100% / 8h | 15m 09s | $1.3M | $1.1M | 20x |
| Short | GRVT HOOD_USDT_Perp | 122.83 | 0 | get 0.0000% / 8h | 15m 09s | $861K | $2.0M | 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
- −$21
- Price spread: +0.053% → +0.021%
- $3.14
- Slippage, 4 orders
- −$113
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$151.86
- Costs to cover
- 1.340%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: live order book, 3 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, 5 min ago | 2.44 bp | 74.2 bp −$74 | 334.5 bp −$3,345 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.81 bp | 11.5 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
HOOD 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0039% | 1h | 122.68 | −0.073% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.78 | +0.010% | $108K | $263K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.73 | −0.030% | $411K | $1.1M | 10x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.75 | −0.016% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.84 | +0.057% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.81 | +0.032% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.84 | +0.057% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.83 | +0.049% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | +0.063% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perpshort | 0.0000% | 8h | 122.83 | +0.053% | $861K | $2.0M | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.82 | +0.041% | $1.0M | $8K | 10x | as long as short |
| Binance HOODUSDT | +0.0003% | 8h | 122.78 | +0.008% | $21.9M | $88.7M | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.098% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.057% | $199K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0013% | 8h | 122.83 | +0.049% | $183K | $126K | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.82 | +0.041% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.76 | −0.010% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.72 | −0.041% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.74 | −0.024% | — | $63K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.77 | 0.000% | $52.6M | $29.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.81 | +0.033% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.75 | −0.016% | $1.2M | $1.7M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.83 | +0.046% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 122.77 | long leg | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.86 | +0.073% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.74 | −0.024% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.70 | −0.060% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.84 | +0.057% | $28K | $239K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0239% | 1h | 122.79 | +0.016% | $8K | $70K | 10x | as long as short |
| edgeX HOODUSDC | +0.0841% | 4h | 122.82 | +0.040% | $370K | $309K | 10x | as long as short |
KuCoin HOODUSDTM
GRVT HOOD_USDT_Perp
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Binance HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
ApeX Omni HOODUSDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC