Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.038%
Price spread now: GRVT against KuCoin+0.082%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.082%, 7d avg +0.092%
=Together, before fees+0.126%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 742.69 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $3.4M | $365K | 20x |
| Short | GRVT QQQ_USDT_Perp | 743.30 | 0.0097 | get 0.0097% / 8h | 2h 04m | $315K | $2.0M | 10x |
KuCoin QQQUSDTM
GRVT QQQ_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
- −$0.63
- Price spread: +0.082% → +0.092%
- −$1.02
- Slippage, 4 orders
- −$11.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$34.19
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; GRVT: live order book, 3 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, 2 min ago | 2.09 bp | 8.4 bp −$8 | 81.0 bp −$810 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.54 bp | 5.0 bp −$5 | 5.3 bp −$53 | doesn't fit | doesn't fit |
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0153% / S +0.0246% | 1h | 743.11 | +0.056% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0008% | 1h | 741.84 | −0.114% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.64 | −0.006% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.97 | +0.038% | $70.3M | $145.1M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.03 | +0.046% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.80 | +0.015% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.00 | +0.042% | $5.4M | $6.6M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.31 | −0.051% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.15 | +0.062% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.98 | +0.040% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.58 | +0.120% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.63 | −0.008% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.32 | +0.085% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.59 | +0.121% | $362K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0027% | 8h | 742.82 | +0.018% | $1.1M | $278K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.82 | +0.018% | $7.6M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.23 | +0.073% | $37.0M | $81.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.18 | −0.069% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.00 | +0.176% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0097% | 8h | 743.30 | +0.082% | $315K | $2.0M | 10x | |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 742.69 | long leg | $3.4M | $365K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.73 | +0.005% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.75 | +0.008% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.28 | −0.055% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0122% | 1h | 742.66 | −0.004% | $1.5M | $750K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.79 | +0.013% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0262% | 1h | 742.92 | +0.031% | $424K | $153K | 20x | as long as short |
| edgeX QQQUSDC | +0.0567% | 4h | 743.11 | +0.056% | $760K | $335K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC