Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against GRVT−11.418%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 11.418% cheaper against GRVT than usual: you would sell low and buy high (spread −11.418% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,142 on $10k: about 13 months of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SPCX_USDT_Perp | 172.53 | 0 | get 0.0000% / 8h | 3h 47m | $4K | $882 | 10x |
| Short | KuCoin SPCXUSDTM | 152.83 | 0.0100 | get 0.0100% / 8h | 3h 47m | $13.0M | $5.5M | 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
- $21
- Price spread: −11.418% → 0.000%
- −$1,141.75
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,141.75
- Costs to cover
- 0.210%
- Break-even
- 387.6 days
Slippage unknown: GRVT: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 1 min ago | 0.65 bp | 16.9 bp −$17 | 43.4 bp −$434 | doesn't fit | doesn't fit |
GRVT: 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.
SPCX on 39 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 SPCX/USD [ETH-USDC] | L −0.0214% / S +0.0456% | 1h | 152.88 | −11.391% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.89 | −11.383% | $96.3M | $31.2M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.95 | −11.348% | $31.8M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perplong | 0.0000% | 8h | 172.53 | long leg | $4K | $882 | 10x | |
| StandX SPCX-USD | 0.0000% | 1h | 152.89 | −11.383% | $301K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.14 | −11.238% | $8K | $934K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.96 | −11.342% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0012% | 8h | 152.94 | −11.354% | $30.7M | $42.6M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0031% | 1h | 152.86 | −11.399% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.84 | −11.412% | $2.5M | $7.2M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPCX-USDT | +0.0034% | 8h | 152.91 | −11.371% | $1.9M | $1.3M | 75x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.82 | −11.423% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.86 | −11.400% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.86 | −11.400% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.87 | −11.394% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.90 | −11.377% | $532K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.72 | −11.481% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.90 | −11.377% | $1.2M | $5.8M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0098% | 8h | 152.92 | −11.365% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.80 | −11.435% | $169K | $121K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.83 | −11.418% | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.77 | −11.452% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.90 | −11.377% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.90 | −11.376% | $89 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0114% | 4h | 152.86 | −11.402% | $1.7M | $893K | 20x | as long as short |
| Variational Omni SPCX | +0.0138% | 8h | 152.91 | −11.372% | $6.0M | $2.9M | — | as long as short |
| Lighter SPCX | +0.0152% | 1h | 152.87 | −11.394% | $1.6M | $7.3M | 20x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 152.88 | −11.390% | $738K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0154% | 8h | 152.92 | −11.365% | $248.6M | $1.36B | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0156% | 8h | 152.92 | −11.365% | $39.7M | $166.1M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.94 | −11.357% | $409K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.90 | −11.377% | $741K | $939K | 10x | as long as short |
| Nado SPCX-PERP | +0.0254% | 1h | 152.78 | −11.445% | $615K | $810K | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.90 | −11.377% | $444K | $264K | 15x | as long as short |
| Bullet SPCX-USD | +0.0281% | 1h | 152.93 | −11.360% | $12K | $192K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0293% | 1h | 152.87 | −11.394% | $141.3M | $119.2M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0404% | 1h | 152.89 | −11.383% | $84K | $1.2M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0426% | 8h | 153.02 | −11.309% | $18.9M | $22.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.24 | −11.180% | $9K | $28K | 5.5x | as long as short |
GRVT SPCX_USDT_Perp
KuCoin SPCXUSDTM
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
BloFin SPCX-USDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
ApeX Omni SPCXUSDT
edgeX SPCXUSDC
Variational Omni SPCX
Lighter SPCX
Extended SPCX-USD
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP