Funding you earn now, next payment 08:00 UTC+0.0267%/8h= +29.2% APRnext payment +$2.67 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against GRVT−0.033%68s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as 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−$4274.274% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.033%, 7d avg +0.007%
=Together, before fees−0.005%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.040% cheaper against GRVT than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 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 STXX_USDT_Perp | 864.82 | −0.0167 | get 0.0167% / 8h | 10m 21s | $17 | $129K | 10x |
| Short | KuCoin STXXUSDTM | 864.53 | 0.0100 | get 0.0100% / 8h | 10m 21s | $102K | $113K | 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
- $56.07
- Price spread: −0.033% → +0.007%
- −$4.04
- Slippage, 4 orders
- −$406.36
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$375.33
- Costs to cover
- 4.274%
- Break-even
- 53.9 days
Slippage from GRVT: live order book, 27 min ago; KuCoin: live order book, 14 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, 27 min ago | 3.06 bp | 11.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 13.44 bp | 196.9 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
STXX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT STXX_USDT_Perplong | −0.0167% | 8h | 864.82 | long leg | $17 | $129K | 10x | |
| Variational Omni STXX | −0.0001% | 8h | 864.04 | −0.090% | $115K | $411 | — | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 866.53 | +0.198% | $18K | $30K | 20x | as long as short |
| Extended STXX-USD | 0.0000% | 1h | 864.64 | −0.021% | $43K | $241K | 10x | as long as short |
| Binance STXXUSDT | 0.0000% | 8h | 864.85 | +0.004% | $1.4M | $3.8M | 20x | as long as short |
| Bybit STXXUSDT | 0.0000% | 8h | 865.00 | +0.021% | $249K | $162K | 25x | as long as short |
| BloFin STXX-USDT | +0.0004% | 8h | 864.30 | −0.060% | $26K | $76K | 20x | as long as short |
| KuCoin STXXUSDTMshort | +0.0100% | 8h | 864.53 | −0.033% | $102K | $113K | 20x | |
| HTX STXX-USDT | +0.0100% | 8h | 865.15 | +0.038% | $10K | $35K | 10x | as long as short |
GRVT STXX_USDT_Perp
KuCoin STXXUSDTM
Variational Omni STXX
Aster STXXUSDT
Extended STXX-USD
Binance STXXUSDT
Bybit STXXUSDT
BloFin STXX-USDT
HTX STXX-USDT