Settings8H · net · $10k
Funding arb · Price arb /

PAYP

RWAall PAYP markets
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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 +0.039%
Price spread now: KuCoin against GRVT+0.113%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.276%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.113% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT PAYP_USDT_Perp17.6600get 0.0000% / 8h1h 40m$130K$528K10x
ShortKuCoin PAYPUSDTM17.6800.0100get 0.0100% / 8h1h 40m$62K$68K20x

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

Funding earned
$21
Price spread: +0.113% → 0.000%
$11.31
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$11.31
Costs to cover
0.210%
Break-even
3.2 days
Slippage unknown: GRVT: live order book, 2 min ago; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 2 min ago5.66 bp55.5 bp −$561328.7 bp −$13.3Kdoesn't fitdoesn't fit
Sell KuCoin no order-book sample
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.

PAYP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAYPUSDT0.0000%8h17.678+0.103%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.670+0.056%$250K$410K20xas long as short
Gate PAYP_USDT0.0000%8h17.670+0.056%$82K$7K25xas long as short
Variational Omni PAYP0.0000%8h17.662+0.011%$69K$32Kas long as short
GRVT PAYP_USDT_Perplong0.0000%8h17.660long leg$130K$528K10x
SunX PAYP-USDT0.0000%8h17.6600.000%$2K$1.9M10xas long as short
HTX PAYP-USDT0.0000%8h17.620−0.227%$8K$3K10xas long as short
KuCoin PAYPUSDTMshort+0.0100%8h17.680+0.113%$62K$68K20x