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: GRVT against KuCoin+0.120%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,007as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,011as in the Price arb table
costs, in and out, $10k−$2,01320.126% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.120%, 7d avg +0.100%
=Together, before fees−0.009%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.100%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WMTUSDTM | 107.88 | 0.0100 | pay 0.0100% / 8h | 15m 04s | $34K | $516K | 20x |
| Short | GRVT WMT_USDT_Perp | 108.01 | 0 | get 0.0000% / 8h | 15m 04s | $862 | $136K | 10x |
Funding 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
- −$21
- Price spread: +0.120% → +0.100%
- $1.96
- Slippage, 4 orders
- −$1,991.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$2,031.59
- Costs to cover
- 20.126%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; GRVT: live order book, 17 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, 19 min ago | 7.88 bp | 1155.4 bp −$1,155 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 17 min ago | 2.31 bp | 24.3 bp −$24 | 70.4 bp −$704 | 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 | −0.0461% | 4h | 107.99 | +0.099% | $15K | $256K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.89 | +0.013% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.97 | +0.087% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 108.01 | +0.121% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 108.06 | +0.167% | $120K | $15K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 108.12 | +0.222% | $81K | $34K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.93 | +0.046% | $809K | $28K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.96 | +0.074% | $545K | $95K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.99 | +0.099% | $61K | $75K | — | as long as short |
| GRVT WMT_USDT_Perpshort | 0.0000% | 8h | 108.01 | +0.120% | $862 | $136K | 10x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX WMT-USDT | 0.0000% | 8h | 108.21 | +0.306% | $5K | $345K | 20x | as long as short |
| QFEX WMT-USD | +0.0013% | 1h | 107.97 | +0.083% | $1.1M | $2.6M | 10x | as long as short |
| Injective WMT/USDC PERP | +0.0033% | 1h | 106.82 | −0.983% | $3K | $26K | 12x | as long as short |
| KuCoin WMTUSDTMlong | +0.0100% | 8h | 107.88 | long leg | $34K | $516K | 20x | |
| SunX WMT-USDT | +0.0100% | 8h | 107.99 | +0.102% | $1K | $2.9M | 10x | as long as short |
KuCoin WMTUSDTM
GRVT WMT_USDT_Perp
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
HTX WMT-USDT
Injective WMT/USDC PERP
SunX WMT-USDT