Funding you earn now, next payment 08:00 UTC−0.0306%/8h= −33.5% APRnext payment −$3.06 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against GRVT−0.096%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2342.336% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.096%, 7d avg −0.070%
=Together, before fees+0.098%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.025% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.06 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 | GRVT QCOM_USDT_Perp | 196.00 | 0.0406 | pay 0.0406% / 8h | 7h 55m | $6K | $209K | 10x |
| Short | KuCoin QCOMUSDTM | 195.81 | 0.0100 | get 0.0100% / 8h | 7h 55m | $319K | $512K | 20x |
GRVT QCOM_USDT_Perp
KuCoin QCOMUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$64.26
- Price spread: −0.096% → −0.070%
- −$2.54
- Slippage, 4 orders
- −$212.56
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$300.36
- Costs to cover
- 2.336%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 17 min ago; KuCoin: live order book, 67 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, 17 min ago | 1.53 bp | 12.4 bp −$12 | 836.7 bp −$8,367 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 13.36 bp | 90.9 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
QCOM on 21 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 QCOMUSDT | 0.0000% | 8h | 195.72 | −0.144% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.99 | −0.004% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.97 | −0.014% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.03 | +0.016% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.76 | −0.121% | $695 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.81 | −0.096% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 196.06 | +0.032% | $1.6M | $967K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.84 | −0.081% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.86 | −0.070% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0062% | 1h | 195.97 | −0.014% | $85K | $890K | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin QCOMUSDTMshort | +0.0100% | 8h | 195.81 | −0.096% | $319K | $512K | 20x | |
| Bybit QCOMUSDT | +0.0137% | 8h | 195.99 | −0.004% | $2.0M | $1.7M | 25x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.863% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0284% | 8h | 195.93 | −0.035% | $322K | $75K | — | as long as short |
| BloFin QCOM-USDT | +0.0318% | 8h | 195.89 | −0.055% | $126K | $50K | 20x | as long as short |
| Extended QCOM-USD | +0.0328% | 1h | 195.88 | −0.058% | $105K | $262K | 10x | as long as short |
| Binance QCOMUSDT | +0.0328% | 8h | 195.92 | −0.040% | $10.9M | $22.9M | 20x | as long as short |
| GRVT QCOM_USDT_Perplong | +0.0406% | 8h | 196.00 | long leg | $6K | $209K | 10x | |
| Phoenix QCOM | +0.0410% | 1h | 196.06 | +0.032% | $98K | $249K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0438% | 1h | 196.06 | +0.032% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0600% | 4h | 195.99 | −0.003% | $82K | $266K | 10x | as long as short |
Bybit QCOMUSDT
Injective QCOM/USDC PERP
Variational Omni QCOM
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC