Settings8H · net · $10k
Funding arb · Price arb /

V

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against GRVT−0.260%53s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,689as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4,66646.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.224%−$22 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.260%, 7d avg −0.061%
Together, before fees−0.068%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.199% cheaper against GRVT than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.061%). If the spread goes back, that is −$20 on $10k: about 6.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.224%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT V_USDT_Perp369.280get 0.0000% / 8h2h 28m$11K$156K10x
ShortKuCoin VUSDTM368.320.0100get 0.0100% / 8h2h 28m$291K$829K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.260% → −0.061%
−$19.91
Slippage, 4 orders
−$4,645.4
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$4,665.31
Costs to cover
46.664%
Break-even
1562.1 days
Slippage from GRVT: live order book, 14 min ago; KuCoin: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 14 min ago4.34 bp2814.0 bp −$2,814doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 46 min ago53.20 bp774.6 bp −$775doesn't fitdoesn't fitdoesn't fit

V on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX VUSDC−0.0361%4h369.22−0.017%$192K$181K10xas long as short
Injective V/USDC PERP−0.0220%1h332.12−10.063%$16K$30K12xas long as short
Aster VUSDT0.0000%8h369.66+0.102%$17K$6K20xas long as short
Binance VUSDT0.0000%8h369.34+0.016%$607K$281K20xas long as short
Bybit VUSDT0.0000%8h369.23−0.014%$124K$14K25xas long as short
Gate V_USDT0.0000%8h368.90−0.103%$190K$5K20xas long as short
Bitget VUSDT0.0000%8h369.41+0.035%$122K$11K20xas long as short
GRVT V_USDT_Perplong0.0000%8h369.28long leg$11K$156K10x
SunX V-USDT0.0000%8h366.87−0.653%$1K$601K10xas long as short
HTX V-USDT0.0000%8h369.46+0.049%$6K$32K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin VUSDTMshort+0.0100%8h368.32−0.260%$291K$829K20x