Funding you earn now, next payment 00:00 UTC−0.0388%/8h= −42.5% APRnext payment −$1.94 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against GRVT+0.065%83s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as 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−$1521.522% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.065%, 7d avg +0.014%
=Together, before fees−0.335%+ Points / potential airdropGRVT: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.051% dearer against GRVT than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.288% in total) that is about 30 hours. 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 XPD_USDT_Perp | 1,316.2 | 0.0488 | pay 0.0244% / 4h | 18m 08s | $338K | $944K | 25x |
| Short | KuCoin XPDUSDTM | 1,317.1 | 0.0100 | get 0.0050% / 4h | 18m 08s | $171K | $4K | 75x |
GRVT XPD_USDT_Perp
KuCoin XPDUSDTMFunding 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
- −$81.48
- Price spread: +0.065% → +0.014%
- $5.15
- Slippage, 4 orders
- −$131.18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$228.52
- Costs to cover
- 1.522%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 20 min ago; KuCoin: live order book, 36 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, 20 min ago | 0.87 bp | 8.6 bp −$9 | 11820.8 bp −$118.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 19.05 bp | 52.6 bp −$53 | 476.4 bp −$4,764 | doesn't fit | doesn't fit |
XPD 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0047% | 4h | 1,316.7 | +0.035% | $30K | $19K | 100x | as long as short |
| edgeX XPDUSDC | −0.0014% | 4h | 1,316.5 | +0.020% | $38K | $205K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,318 | +0.133% | $3.8M | $4.3M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,318 | +0.130% | $2.0M | $416K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,317.7 | +0.111% | $13.2M | $339K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,317 | +0.055% | $542K | $12K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,316.3 | +0.004% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,317 | +0.058% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,316.7 | +0.038% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,318.4 | +0.165% | $404K | $153K | 20x | as long as short |
BloFin XPD-USDT
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.259% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0042% | 1h | 1,315.8 | −0.033% | $2.7M | $524K | 20x | as long as short |
| Bitget XPDUSDT | +0.0044% | 4h | 1,316.5 | +0.019% | $5.0M | $219K | 100x | as long as short |
| Aster XPDUSDT | +0.0096% | 4h | 1,317.3 | +0.080% | $27K | $12K | 20x | as long as short |
| KuCoin XPDUSDTMshort | +0.0100% | 4h | 1,317.1 | +0.065% | $171K | $4K | 75x | |
| OKX XPD-USDT-SWAP | +0.0167% | 8h | 1,317.2 | +0.073% | $321K | $486K | 50x | as long as short |
| GRVT XPD_USDT_Perplong | +0.0488% | 4h | 1,316.2 | long leg | $338K | $944K | 25x |
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Bitget XPDUSDT
Aster XPDUSDT
OKX XPD-USDT-SWAP