Funding you earn now, next payment 08:00 UTC−0.0370%/8h= −40.5% APRnext payment −$3.70 per $10,000 · paid last 24h −0.078%
Price spread now: KuCoin against GRVT+0.177%98s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$853as 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−$8428.415% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.177%, 7d avg +0.006%
=Together, before fees−0.228%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.171% dearer against GRVT than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.006%): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.111% in total) that is about 11 days. The two prices were read 98 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 -0.111% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.70 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 UVXY_USDT_Perp | 17.259 | 0.0470 | pay 0.0470% / 8h | 1h 26m | $6K | $155K | 10x |
| Short | KuCoin UVXYUSDTM | 17.290 | 0.0100 | get 0.0100% / 8h | 1h 26m | $167K | $777K | 20x |
GRVT UVXY_USDT_Perp
KuCoin UVXYUSDTMFunding 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
- −$77.7
- Price spread: +0.177% → +0.006%
- $17.13
- Slippage, 4 orders
- −$820.52
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$902.08
- Costs to cover
- 8.415%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 16 min ago; KuCoin: live order book, 28 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, 16 min ago | 5.79 bp | 10.3 bp −$10 | 121.1 bp −$1,211 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 11.55 bp | 427.7 bp −$428 | doesn't fit | doesn't fit | doesn't fit |
UVXY on 14 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 UVXYUSDT | 0.0000% | 8h | 17.243 | −0.096% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.280 | +0.119% | $1.1M | $195K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | 0.0000% | 8h | 17.260 | +0.003% | $360K | $322K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.260 | +0.003% | $374K | $205K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.241 | −0.107% | $786K | $248K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.250 | −0.055% | $1K | $291K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.280 | +0.119% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.250 | −0.055% | $1.3M | $93K | 10x | as long as short |
| Variational Omni UVXY | +0.0001% | 8h | 17.252 | −0.043% | $97K | $9K | — | as long as short |
| BloFin UVXY-USDT | +0.0095% | 8h | 17.260 | +0.003% | $60K | $3K | 20x | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
Phemex UVXYUSDT
Variational Omni UVXY
BloFin UVXY-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UVXYUSDTMshort | +0.0100% | 8h | 17.290 | +0.177% | $167K | $777K | 20x | |
| MEXC UVXY_USDT | +0.0119% | 8h | 17.240 | −0.113% | $885K | $148K | 20x | as long as short |
| Binance UVXYUSDT | +0.0121% | 8h | 17.255 | −0.029% | $1.8M | $1.2M | 20x | as long as short |
| GRVT UVXY_USDT_Perplong | +0.0470% | 8h | 17.259 | long leg | $6K | $155K | 10x |
MEXC UVXY_USDT
Binance UVXYUSDT