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: GRVT against KuCoin−0.080%83s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$416as 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)+0.082%+$8 · spread now −0.080%, 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.104% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you. 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 | KuCoin WDCUSDTM | 448.51 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $275K | $45K | 20x |
| Short | GRVT WDC_USDT_Perp | 448.15 | 0.0073 | get 0.0073% / 8h | 3h 46m | $529 | $156K | 10x |
KuCoin WDCUSDTM
GRVT WDC_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
- −$5.67
- Price spread: −0.080% → +0.023%
- −$10.37
- Slippage, 4 orders
- −$400.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$437.94
- Costs to cover
- 4.219%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; GRVT: live order book, 2 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, 25 min ago | 14.31 bp | 160.7 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 3.23 bp | 19.5 bp −$20 | 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 | +0.004% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.52 | +0.002% | $1.9M | $839K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.50 | −0.002% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.78 | +0.060% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0025% | 8h | 449.11 | +0.134% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.02 | −0.109% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.60 | +0.020% | $4K | $132K | 10x | as long as short |
| Binance WDCUSDT | +0.0034% | 8h | 448.58 | +0.016% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.52 | +0.002% | $1.1M | $3.4M | 10x | as long as short |
| edgeX WDCUSDC | +0.0043% | 4h | 448.31 | −0.044% | $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 | 448.19 | −0.071% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perpshort | +0.0073% | 8h | 448.15 | −0.080% | $529 | $156K | 10x | |
| KuCoin WDCUSDTMlong | +0.0100% | 8h | 448.51 | long leg | $275K | $45K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.54 | +0.007% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.80 | +0.065% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | +0.080% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0143% | 8h | 448.80 | +0.065% | $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