Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against GRVT+0.146%83s7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.146%, 7d avg −0.050%
=Together, before fees−0.398%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.196% dearer against GRVT than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHYNIX_USDT_Perp | 1,358.5 | 0.0016 | pay 0.0008% / 4h | 2h 24m | $97K | $210K | 10x |
| Short | KuCoin SKHYNIXUSDTM | 1,360.4 | 0.0100 | get 0.0050% / 4h | 2h 24m | $5.0M | $8.2M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.64
- Price spread: +0.146% → −0.050%
- $19.61
- Slippage, 4 orders
- −$30.34
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.08
- Costs to cover
- 0.513%
- Break-even
- 12.6 days
Slippage from GRVT: live order book, 23 min ago; KuCoin: live order book, 4 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, 23 min ago | 1.05 bp | 6.5 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.55 bp | 20.7 bp −$21 | 38.2 bp −$382 | doesn't fit | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0331% | 4h | 1,354.3 | −0.310% | $3.3M | $420K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0003% | 4h | 1,359.1 | +0.047% | $2.6M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,361.2 | +0.202% | $18.4M | $37.3M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,359.9 | +0.104% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,361.1 | +0.195% | $335.4M | $863.0M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,361.9 | +0.251% | $19.5M | $31.3M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,361.6 | +0.233% | $143.5M | $75.1M | 75x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,361.3 | +0.212% | $1K | $543K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,361.5 | +0.222% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,360.8 | +0.175% | $1.2M | $776K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perplong | +0.0016% | 4h | 1,358.5 | long leg | $97K | $210K | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,360.9 | +0.180% | $724 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,358.1 | −0.023% | $103K | $422K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,360.4 | +0.146% | $5.0M | $8.2M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,355.2 | −0.243% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,360.5 | +0.149% | $4K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,361.7 | +0.237% | $32K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0111% | 1h | 1,360.2 | +0.128% | $295.6M | $244.6M | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0231% | 1h | 1,359 | +0.039% | $686 | $37K | 5x | as long as short |
| Bullet SKHYNIX-USD | +0.0232% | 1h | 1,359.1 | +0.050% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0238% | 1h | 1,359.7 | +0.091% | $263K | $997K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0240% | 4h | 1,361.2 | +0.199% | $22.1M | $31.3M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0381% | 8h | 1,361.5 | +0.224% | $53.4M | $124.5M | 50x | as long as short |
GRVT SKHYNIX_USDT_Perp
KuCoin SKHYNIXUSDTM
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Aftermath Perps SKHYNIXUSD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP