Funding you earn now, next payment 16:00 UTC+0.2347%/8h= +257.0% APRnext payment +$23.47 per $10,000 · paid last 24h +0.065%
Price spread now: GRVT against KuCoin−0.132%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$906as in the Funding arb table
Net, price: spread back to 7d avg − costs−$936as in the Price arb table
costs, in and out, $10k−$9239.234% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.132%, 7d avg −0.009%
=Together, before fees+0.018%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.123% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.009%). If the spread goes back, that is −$12 on $10k: about 4 hours of funding at the current rate (+$70 a day). At the pace of the last 7 days (+0.169% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.47 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 | KuCoin UVXYUSDTM | 17.270 | 0.0791 | pay 0.0791% / 8h | 7h 37m | $161K | $837K | 20x |
| Short | GRVT UVXY_USDT_Perp | 17.247 | 0.3138 | get 0.3138% / 8h | 7h 37m | $6K | $151K | 10x |
KuCoin UVXYUSDTM
GRVT UVXY_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
- $492.87
- Price spread: −0.132% → −0.009%
- −$12.28
- Slippage, 4 orders
- −$902.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$442.82
- Costs to cover
- 9.234%
- Break-even
- 13.3 days
Slippage from KuCoin: live order book, 67 min ago; GRVT: live order book, 60 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, 67 min ago | 11.60 bp | 381.9 bp −$382 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 60 min ago | 5.81 bp | 21.3 bp −$21 | 55.4 bp −$554 | 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 | 17.240 | −0.176% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.280 | +0.058% | $1.1M | $183K | 25x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.240 | −0.174% | $394K | $227K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.230 | −0.232% | $796K | $238K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.250 | −0.116% | $983 | $315K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.270 | 0.000% | $1.2M | $117K | 10x | as long as short |
| HTX UVXY-USDT | +0.0375% | 8h | 17.260 | −0.058% | $11K | $3K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0644% | 8h | 17.300 | +0.174% | $390K | $364K | 20x | as long as short |
| KuCoin UVXYUSDTMlong | +0.0791% | 8h | 17.270 | long leg | $161K | $837K | 20x | |
| Variational Omni UVXY | +0.0939% | 8h | 17.257 | −0.074% | $97K | $7K | — | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
Variational Omni UVXYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDT | +0.1044% | 8h | 17.240 | −0.174% | $884K | $86K | 20x | as long as short |
| Binance UVXYUSDT | +0.1050% | 8h | 17.268 | −0.011% | $2.1M | $1.5M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1072% | 8h | 17.280 | +0.058% | $62K | $4K | 20x | as long as short |
| GRVT UVXY_USDT_Perpshort | +0.3138% | 8h | 17.247 | −0.132% | $6K | $151K | 10x |
MEXC UVXY_USDT
Binance UVXYUSDT
BloFin UVXY-USDT