Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.112%
Price spread now: KuCoin against GRVT+0.038%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,543as in the Price arb table
costs, in and out, $10k−$1,55715.567% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.038%, 7d avg −0.102%
=Together, before fees−0.186%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.140% dearer against GRVT than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT WMT_USDT_Perp | 107.50 | 0 | get 0.0000% / 8h | 3h 47m | $829 | $129K | 10x |
| Short | KuCoin WMTUSDTM | 107.54 | 0.0100 | get 0.0100% / 8h | 3h 47m | $33K | $629K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.038% → −0.102%
- $14
- Slippage, 4 orders
- −$1,535.74
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,521.74
- Costs to cover
- 15.567%
- Break-even
- 514.2 days
Slippage from GRVT: live order book, 65 min ago; KuCoin: live order book, 27 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, 65 min ago | 3.26 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 13.97 bp | 857.9 bp −$858 | doesn't fit | doesn't fit | doesn't fit |
WMT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | −0.0404% | 4h | 107.50 | +0.004% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.46 | −0.034% | $4K | $71 | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.65 | +0.140% | $118K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.55 | +0.047% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.45 | −0.046% | $814K | $26K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.44 | −0.055% | $540K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.48 | −0.022% | $61K | $74K | — | as long as short |
| GRVT WMT_USDT_Perplong | 0.0000% | 8h | 107.50 | long leg | $829 | $129K | 10x | |
| HTX WMT-USDT | 0.0000% | 8h | 107.78 | +0.261% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USD | +0.0008% | 1h | 107.56 | +0.056% | $1.1M | $2.6M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended WMT-USD | +0.0032% | 1h | 107.57 | +0.065% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | +0.0033% | 8h | 107.60 | +0.092% | $1.6M | $1.1M | 20x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.632% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTMshort | +0.0100% | 8h | 107.54 | +0.038% | $33K | $629K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.57 | +0.066% | $2K | $2.9M | 10x | as long as short |
GRVT WMT_USDT_Perp
KuCoin WMTUSDTM
edgeX WMTUSDC
Aster WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
HTX WMT-USDT
Extended WMT-USD
Binance WMTUSDT
Injective WMT/USDC PERP
SunX WMT-USDT