Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.048%
Price spread now: KuCoin against Bitget−0.181%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5765.759% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.181%, 7d avg −0.081%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.101% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.201%, 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 | Bitget GRVTUSDT | 0.1876 | 0.0124 | pay 0.0062% / 4h | 1h 57m | $669K | $651K | 20x |
| Short | KuCoin GRVTUSDTM | 0.1872 | 0.0100 | get 0.0050% / 4h | 1h 57m | $228K | $628K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$5.04
- Price spread: −0.181% → −0.081%
- −$10.07
- Slippage, 4 orders
- −$551.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$591
- Costs to cover
- 5.759%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 42 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 Bitget live order book, 3 min ago | 6.11 bp | 29.8 bp −$30 | 524.0 bp −$5,240 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 6.59 bp | 268.3 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDT | −0.0162% | 4h | 0.1872 | −0.208% | $330K | $62K | 20x | as long as short |
| edgeX GRVTUSDC | −0.0046% | 4h | 0.1880 | +0.233% | $10K | $283K | 10x | as long as short |
| OKX GRVT-USDT-SWAP | −0.0030% | 4h | 0.1874 | −0.091% | $2.0M | $1.9M | 20x | as long as short |
| MEXC GRVT_USDT | −0.0030% | 4h | 0.1873 | −0.160% | $3.5M | $133K | 20x | as long as short |
| Aster GRVTUSDT | +0.0100% | 4h | 0.1875 | −0.054% | $23K | $29K | 5x | as long as short |
| Binance GRVTUSDT | +0.0100% | 4h | 0.1874 | −0.087% | $5.1M | $2.8M | 25x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1875 | −0.048% | $2.8M | $793K | 20x | as long as short |
| KuCoin GRVTUSDTMshort | +0.0100% | 4h | 0.1872 | −0.181% | $228K | $628K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1880 | +0.241% | $263K | $16K | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1879 | +0.190% | $290K | $193K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRVT-USD | +0.0104% | 1h | 0.1874 | −0.099% | $102K | $425K | 5x | as long as short |
| Bitget GRVTUSDTlong | +0.0124% | 4h | 0.1876 | long leg | $669K | $651K | 20x | |
| BingX GRVT-USDT | +0.0148% | 4h | 0.1874 | −0.101% | — | $1.6M | — | as long as short |
Bitget GRVTUSDT
KuCoin GRVTUSDTM
Gate GRVT_USDT
edgeX GRVTUSDC
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Aster GRVTUSDT
Binance GRVTUSDT
Bybit GRVTUSDT
Variational Omni GRVT
GRVT GRVT_USDT_Perp
Extended GRVT-USD
BingX GRVT-USDT