Funding you earn now, next payment 08:00 UTC+0.0712%/8h= +78.0% APRnext payment +$3.56 per $10,000 · paid last 24h +0.119%
Price spread now: GRVT against KuCoin−0.007%53s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as 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−$630.629% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.007%, 7d avg +0.003%
=Together, before fees+0.285%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPTUSDTM | 1,784.1 | 0.0418 | pay 0.0209% / 4h | 1h 28m | $238K | $42K | 75x |
| Short | GRVT XPT_USDT_Perp | 1,783.9 | 0.1130 | get 0.0565% / 4h | 1h 28m | $205K | $786K | 25x |
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
- $149.52
- Price spread: −0.007% → +0.003%
- −$0.94
- Slippage, 4 orders
- −$41.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $85.68
- Costs to cover
- 0.629%
- Break-even
- 3.0 days
Slippage from KuCoin: live order book, 13 min ago; GRVT: live order book, 9 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, 13 min ago | 9.16 bp | 22.5 bp −$22 | 206.3 bp −$2,063 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 9 min ago | 0.03 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,784.6 | +0.033% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,781.9 | −0.122% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,781.2 | −0.160% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,782 | −0.115% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0125% | 1h | 1,782.3 | −0.098% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,801.4 | +0.972% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTMlong | +0.0418% | 4h | 1,784.1 | long leg | $238K | $42K | 75x | |
| Paradex XPT-USD-PERP | +0.0494% | 8h | 1,783.6 | −0.026% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0520% | 1h | 1,784.5 | +0.027% | $303 | — | 10x | as long as short |
| Extended XPT-USD | +0.0640% | 1h | 1,780.9 | −0.175% | $201K | $628K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0648% | 1h | 1,785.7 | +0.092% | $353K | $18K | 20x | as long as short |
| Gate XPT_USDT | +0.0740% | 4h | 1,785.4 | +0.075% | $717K | $538K | 100x | as long as short |
| Aster XPTUSDT | +0.0955% | 4h | 1,783.2 | −0.049% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0984% | 4h | 1,784.2 | +0.006% | $260K | $189K | — | as long as short |
| BloFin XPT-USDT | +0.0987% | 4h | 1,784.7 | +0.038% | $96K | $69K | 100x | as long as short |
| Binance XPTUSDT | +0.1017% | 4h | 1,783.2 | −0.046% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDT | +0.1028% | 4h | 1,784.1 | +0.001% | $23.3M | $637K | 100x | as long as short |
| edgeX XPTUSDC | +0.1048% | 4h | 1,784.3 | +0.014% | $39K | $283K | 10x | as long as short |
| Bitget XPTUSDT | +0.1064% | 4h | 1,783.3 | −0.042% | $1.4M | $510K | 100x | as long as short |
| GRVT XPT_USDT_Perpshort | +0.1130% | 4h | 1,783.9 | −0.007% | $205K | $786K | 25x | |
| OKX XPT-USDT-SWAP | +0.1254% | 8h | 1,784 | −0.003% | $1.0M | $741K | 50x | as long as short |
KuCoin XPTUSDTM
GRVT XPT_USDT_Perp
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Extended XPT-USD
Lighter XPT
Gate XPT_USDT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Bitget XPTUSDT
OKX XPT-USDT-SWAP