Funding you earn now, next payment 08:00 UTC+0.1603%/8h= +175.5% APRnext payment +$16.03 per $10,000 · paid last 24h +0.116%
Price spread now: GRVT against KuCoin+0.254%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,635as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,636as in the Price arb table
costs, in and out, $10k−$1,65716.570% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)−0.165%−$17 · spread now +0.254%, 7d avg +0.046%
=Together, before fees+0.059%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and GRVT is 0.208% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.224% in total (about 11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.03 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 VUSDTM | 368.96 | −0.1099 | get 0.1099% / 8h | 7h 05m | $289K | $706K | 20x |
| Short | GRVT V_USDT_Perp | 369.90 | 0.0504 | get 0.0504% / 8h | 7h 05m | $11K | $149K | 10x |
KuCoin VUSDTM
GRVT V_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
- $336.63
- Price spread: +0.254% → +0.046%
- $20.85
- Slippage, 4 orders
- −$1,635.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,299.51
- Costs to cover
- 16.570%
- Break-even
- 34.0 days
Slippage from KuCoin: live order book, 48 min ago; GRVT: live order book, 62 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, 48 min ago | 27.51 bp | 623.4 bp −$623 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 62 min ago | 2.03 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
V on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTMlong | −0.1099% | 8h | 368.96 | long leg | $289K | $706K | 20x | |
| Injective V/USDC PERP | −0.0220% | 1h | 332.23 | −9.955% | $16K | $30K | 12x | as long as short |
| edgeX VUSDC | −0.0122% | 4h | 369.85 | +0.242% | $193K | $180K | 10x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.37 | +0.112% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.94 | +0.266% | $598K | $273K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 369.49 | +0.144% | $127K | $12K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.70 | +0.201% | $190K | $4K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.78 | +0.222% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 369.92 | +0.260% | $788 | $735K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 370.20 | +0.336% | $6K | $33K | 20x | as long as short |
Injective V/USDC PERP
edgeX VUSDC
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT V_USDT_Perpshort | +0.0504% | 8h | 369.90 | +0.254% | $11K | $149K | 10x |