Funding you earn now, next payment 08:00 UTC+0.0439%/8h= +48.1% APRnext payment +$4.39 per $10,000 · paid last 24h −0.029%
Price spread now: GRVT against KuCoin+0.160%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6,055as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6,048as in the Price arb table
costs, in and out, $10k−$6,05160.510% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.160%, 7d avg +0.127%
=Together, before fees−0.178%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and GRVT is 0.033% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.127%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.39 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 NOWUSDTM | 137.73 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $318K | $630K | 20x |
| Short | GRVT NOW_USDT_Perp | 137.95 | 0.0539 | get 0.0539% / 8h | 5h 04m | $717 | $150K | 10x |
KuCoin NOWUSDTM
GRVT NOW_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
- $92.19
- Price spread: +0.160% → +0.127%
- $3.28
- Slippage, 4 orders
- −$6,029.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$5,955.49
- Costs to cover
- 60.510%
- Break-even
- 459.2 days
Slippage from KuCoin: live order book, 19 min ago; GRVT: live order book, 53 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, 19 min ago | 10.54 bp | 5889.1 bp −$5,889 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 2.90 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
NOW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.22 | +0.357% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.99 | +0.189% | $492K | $232K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.82 | +0.065% | $1.1M | $1.8M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.97 | +0.174% | $248K | $371K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.92 | +0.138% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.92 | +0.138% | $552 | $386K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.18 | +0.327% | $5K | $31K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.85 | +0.087% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.503% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.83 | +0.073% | — | — | 25x | as long as short |
Aster NOWUSDT
OKX NOW-USDT-SWAP
QFEX NOW-USD
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTMlong | +0.0100% | 8h | 137.73 | long leg | $318K | $630K | 20x | |
| Bybit NOWUSDT | +0.0180% | 8h | 137.94 | +0.152% | $1.6M | $4.8M | 25x | as long as short |
| BloFin NOW-USDT | +0.0203% | 8h | 137.98 | +0.182% | $229 | $17K | 20x | as long as short |
| Binance NOWUSDT | +0.0204% | 8h | 137.97 | +0.174% | $1.8M | $1.4M | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.0344% | 1h | 137.82 | +0.065% | $2.1M | $229K | 10x | as long as short |
| GRVT NOW_USDT_Perpshort | +0.0539% | 8h | 137.95 | +0.160% | $717 | $150K | 10x |
Bybit NOWUSDT
BloFin NOW-USDT
Binance NOWUSDT
tradeXYZ xyz:NOW