META

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 +0.008%

Price spread now: KuCoin against GRVT−0.020%113s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as 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−$990.989% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.020%, 7d avg −0.031%

Together, before fees+0.195%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 113 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 META_USDT_Perp	744.65	0	get 0.0000% / 8h	3h 47m	$12K	$452K	10x
Short	KuCoin METAUSDTM	744.50	0.0100	get 0.0100% / 8h	3h 47m	$1.6M	$601K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee KuCoinbpOrdersPrice spread, now −0.020%Rate

Funding earned: $21
Price spread: −0.020% → −0.031%: $1.06
Slippage, 4 orders: −$77.87
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$76.81
Costs to cover: 0.989%
Break-even: 32.6 days

Slippage from GRVT: live order book, 5 min ago; KuCoin: 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 GRVT live order book, 5 min ago	1.14 bp	7.1 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	4.03 bp	54.5 bp −$55	doesn't fit	doesn't fit	doesn't fit

META on 36 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
BloFin META-USDT	−0.0120%	8h	743.96	−0.092%	$328K	$1.1M	20x	as long as short
Nado META-PERP	−0.0015%	1h	743.63	−0.136%	$481K	$553K	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.43	−0.029%	$469K	$554K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.82	+0.022%	$550K	$2.7M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.03	+0.051%	$28.4M	$182.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.55	−0.013%	$7.5M	$14.5M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.71	+0.008%	$6.0M	$13.6M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.49	−0.021%	$364K	$5.8M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.83	+0.024%	$5.4M	$11.8M	100x	as long as short
Variational Omni META	0.0000%	8h	744.05	−0.080%	$2.4M	$3.2M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT META_USDT_Perplong	0.0000%	8h	744.65	long leg	$12K	$452K	10x
SunX META-USDT	0.0000%	8h	744.57	−0.011%	$800	$9.1M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.18	−0.063%	$31K	$246K	10x	as long as short
HTX META-USDT	0.0000%	8h	744.66	+0.002%	$106K	$302K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	744.69	+0.006%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.02	+0.050%	$782K	$2.9M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.05	−0.080%	$111K	$330K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.44	−0.028%	—	$10K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.90	+0.034%	$179K	$200K	20x	as long as short
Polymarket Perps META-USD	+0.0050%	1h	744.28	−0.050%	$586K	$565K	10x	as long as short
SoDEX META-USD	+0.0050%	1h	744.32	−0.044%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	743.23	−0.191%	$800K	$4.6M	10x	as long as short
QFEX META-USD	+0.0058%	1h	744.76	+0.015%	$2.2M	$13.7M	10x	as long as short
Aftermath Perps METAUSD	+0.0085%	1h	744.94	+0.039%	$52K	$82K	10x	as long as short
Paradex META-USD-PERP	+0.0098%	8h	744.82	+0.022%	—	—	5x	as long as short
KuCoin METAUSDTMshort	+0.0100%	8h	744.50	−0.020%	$1.6M	$601K	20x
ApeX Omni METAUSDT	+0.0100%	1h	743.72	−0.125%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.64	−0.001%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.53	−0.016%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0128%	1h	744.02	−0.084%	$617K	$7.4M	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.56	+0.257%	$172K	$48K	30x	as long as short
Hotstuff META-PERP	+0.0232%	1h	744.67	+0.003%	$33K	$105	20x	as long as short
Lighter META	+0.0264%	1h	745.16	+0.069%	$863K	$2.4M	20x	as long as short
tradeXYZ xyz:META	+0.0330%	1h	745.07	+0.057%	$70.1M	$121.0M	20x	as long as short
edgeX METAUSDC	+0.0578%	4h	744.50	−0.020%	$62K	$337K	10x	as long as short
Phoenix META	+0.0633%	1h	745.49	+0.113%	$758K	$1.4M	20x	as long as short