Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against GRVT+0.081%83s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$428as 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−$4224.219% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.081%, 7d avg −0.023%
=Together, before fees−0.140%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.104% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT WDC_USDT_Perp | 448.15 | 0.0073 | pay 0.0073% / 8h | 3h 46m | $529 | $156K | 10x |
| Short | KuCoin WDCUSDTM | 448.51 | 0.0100 | get 0.0100% / 8h | 3h 46m | $275K | $45K | 20x |
GRVT WDC_USDT_Perp
KuCoin WDCUSDTMFunding 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
- $5.67
- Price spread: +0.081% → −0.023%
- $10.38
- Slippage, 4 orders
- −$400.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$405.84
- Costs to cover
- 4.219%
- Break-even
- 508.0 days
Slippage from GRVT: live order book, 1 min ago; KuCoin: live order book, 25 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, 1 min ago | 3.23 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 14.31 bp | 228.4 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 WDCUSDT | 0.0000% | 8h | 448.53 | +0.085% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.66 | +0.114% | $1.9M | $839K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.60 | +0.101% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.81 | +0.147% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0025% | 8h | 449.11 | +0.214% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.02 | −0.029% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.60 | +0.100% | $4K | $132K | 10x | as long as short |
| Binance WDCUSDT | +0.0034% | 8h | 448.70 | +0.123% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.52 | +0.083% | $1.1M | $3.4M | 10x | as long as short |
| edgeX WDCUSDC | +0.0043% | 4h | 448.31 | +0.037% | $50K | $230K | 10x | as long as short |
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDT
QFEX WDC-USD
edgeX WDCUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 448.24 | +0.020% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perplong | +0.0073% | 8h | 448.15 | long leg | $529 | $156K | 10x | |
| KuCoin WDCUSDTMshort | +0.0100% | 8h | 448.51 | +0.081% | $275K | $45K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.54 | +0.087% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.80 | +0.145% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | +0.161% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0143% | 8h | 448.80 | +0.145% | $2.1M | $3.9M | 20x | as long as short |
tradeXYZ xyz:WDC
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP