Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against KuCoin+0.081%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$937as in the Funding arb table
Net, price: spread back to 7d avg − costs−$919as in the Price arb table
costs, in and out, $10k−$9169.161% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now +0.081%, 7d avg +0.108%
=Together, before fees+0.181%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.027% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONDSUSDTM | 7.3100 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $78K | $458K | 20x |
| Short | GRVT ONDS_USDT_Perp | 7.3159 | 0 | get 0.0000% / 8h | 7h 43m | $2K | $153K | 10x |
KuCoin ONDSUSDTM
GRVT ONDS_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
- −$21
- Price spread: +0.081% → +0.108%
- −$2.72
- Slippage, 4 orders
- −$895.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$939.83
- Costs to cover
- 9.161%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; GRVT: live order book, 49 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, 50 min ago | 6.80 bp | 432.9 bp −$433 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 49 min ago | 6.80 bp | 91.1 bp −$91 | 140.4 bp −$1,404 | doesn't fit | doesn't fit |
ONDS on 11 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 ONDSUSDT | 0.0000% | 8h | 7.3220 | +0.164% | $2K | $5K | 20x | as long as short |
| Binance ONDSUSDT | 0.0000% | 8h | 7.3157 | +0.079% | $1.5M | $1.4M | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.3120 | +0.027% | $503K | $168K | 25x | as long as short |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.3100 | 0.000% | $185K | $129K | 10x | as long as short |
| Gate ONDS_USDT | 0.0000% | 8h | 7.3130 | +0.041% | $365K | $183K | 20x | as long as short |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.3110 | +0.014% | $881K | $418K | 20x | as long as short |
| GRVT ONDS_USDT_Perpshort | 0.0000% | 8h | 7.3159 | +0.081% | $2K | $153K | 10x | |
| SunX ONDS-USDT | 0.0000% | 8h | 7.3100 | 0.000% | $526 | $449K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.2900 | −0.274% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.3100 | 0.000% | — | — | 5x | as long as short |
Aster ONDSUSDT
Binance ONDSUSDT
Bybit ONDSUSDT
OKX ONDS-USDT-SWAP
Gate ONDS_USDT
Bitget ONDSUSDT
SunX ONDS-USDT
HTX ONDS-USDT
Vest ONDS-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTMlong | +0.0100% | 8h | 7.3100 | long leg | $78K | $458K | 20x |