Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.047%
Price spread now: GRVT against KuCoin+0.122%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GRVT is 0.122% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.43 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 MINIMAXUSDTM | 38.030 | 0.0544 | pay 0.0272% / 4h | 13m 09s | $96K | $39K | 20x |
| Short | GRVT MINIMAX_USDT_Perp | 38.076 | 0.0830 | get 0.0415% / 4h | 13m 09s | $218 | $126K | 10x |
KuCoin MINIMAXUSDTM
GRVT MINIMAX_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
- $60.06
- Price spread: +0.122% → 0.000%
- $12.16
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $51.22
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: KuCoin: no order-book sample; GRVT: live order book, 39 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 no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 39 min ago | 5.21 bp | 21.5 bp −$22 | 48.3 bp −$483 | doesn't fit | doesn't fit |
KuCoin: 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.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 38.090 | +0.158% | $1.4M | $3.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.050 | +0.053% | $15 | $2.4M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.061 | +0.082% | $43K | $216K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.020 | −0.026% | $95K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.040 | +0.026% | $27K | $41K | 5x | as long as short |
| Lighter MINIMAX | +0.0120% | 1h | 38.038 | +0.021% | $43K | $25K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0160% | 1h | 38.038 | +0.022% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0303% | 8h | 38.050 | +0.053% | $928K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0384% | 8h | 38.061 | +0.082% | $34K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTMlong | +0.0544% | 4h | 38.030 | long leg | $96K | $39K | 20x |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perpshort | +0.0830% | 4h | 38.076 | +0.122% | $218 | $126K | 10x | |
| Bitget MINIMAXUSDT | +0.0862% | 8h | 38.060 | +0.079% | $1.3M | $2.6M | 20x | as long as short |
| Extended MINIMAX-USD | +0.0904% | 1h | 38.008 | −0.057% | $3K | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0905% | 1h | 38.023 | −0.018% | $4.4M | $3.0M | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0906% | 4h | 38.040 | +0.026% | $6.4M | $31.2M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1409% | 8h | 38.080 | +0.131% | $2.6M | $8.4M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1630% | 4h | 38.052 | +0.057% | $29K | $184K | 10x | as long as short |
Bitget MINIMAXUSDT
Extended MINIMAX-USD
tradeXYZ xyz:MINIMAX
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC