Funding you earn now, next payment 12:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.43 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against KuCoin+0.208%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$885as in the Price arb table
costs, in and out, $10k−$8988.982% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.208%, 7d avg +0.080%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.128% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, 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 | KuCoin GRVTUSDTM | 0.1875 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $186K | $766K | 20x |
| Short | Bybit GRVTUSDT | 0.1879 | 0.0185 | get 0.0093% / 4h | 1h 06m | $2.8M | $768K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $17.88
- Price spread: +0.208% → +0.080%
- $12.79
- Slippage, 4 orders
- −$875.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$867.54
- Costs to cover
- 8.982%
- Break-even
- 346.7 days
Slippage from KuCoin: live order book, 30 min ago; Bybit: live order book, 3 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, 30 min ago | 6.39 bp | 259.2 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 8.25 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1876 | +0.064% | $2.0M | $2.0M | 20x | as long as short |
| Gate GRVT_USDT | +0.0100% | 4h | 0.1872 | −0.165% | $325K | $85K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1875 | +0.016% | $3.5M | $133K | 20x | as long as short |
| KuCoin GRVTUSDTMlong | +0.0100% | 4h | 0.1875 | long leg | $186K | $766K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1877 | +0.113% | $262K | $15K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1875 | −0.017% | $10K | $281K | 10x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1874 | −0.045% | $280K | $171K | 10x | as long as short |
| Bitget GRVTUSDT | +0.0138% | 4h | 0.1877 | +0.080% | $665K | $853K | 20x | as long as short |
| BloFin GRVT-USDT | +0.0141% | 4h | 0.1875 | +0.021% | $196K | $39K | 20x | as long as short |
| Bybit GRVTUSDTshort | +0.0185% | 4h | 0.1879 | +0.208% | $2.8M | $768K | 20x |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRVT-USD | +0.0360% | 1h | 0.1876 | +0.042% | $100K | $459K | 5x | as long as short |
| BingX GRVT-USDT | +0.0360% | 4h | 0.1871 | −0.219% | — | $1.7M | — | as long as short |
| Binance GRVTUSDT | +0.0360% | 4h | 0.1876 | +0.074% | $5.1M | $2.6M | 25x | as long as short |
| Aster GRVTUSDT | +0.0543% | 4h | 0.1876 | +0.043% | $21K | $23K | 5x | as long as short |
KuCoin GRVTUSDTM
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Gate GRVT_USDT
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
GRVT GRVT_USDT_Perp
Bitget GRVTUSDT
BloFin GRVT-USDT
Extended GRVT-USD
BingX GRVT-USDT
Binance GRVTUSDT
Aster GRVTUSDT