GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.78 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against KuCoin+0.101%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$576as in the Funding arb table

Net, price: spread back to 7d avg − costs−$564as in the Price arb table

costs, in and out, $10k−$5715.710% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days−0.137%−$14 · spread now +0.101%, 7d avg +0.029%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.029%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.051% in total) that is about 10.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRVTUSDTM	0.1889	0.0100	pay 0.0050% / 4h	2h 15m	$230K	$691K	20x
Short	OKX GRVT-USDT-SWAP	0.1891	−0.0056	pay 0.0028% / 4h	2h 15m	$2.0M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$32.75
Price spread: +0.101% → +0.029%: $7.2
Slippage, 4 orders: −$549
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$596.55
Costs to cover: 5.710%
Break-even: never at this rate

Slippage from KuCoin: live order book, 23 min ago; OKX: live order book, 1 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, 23 min ago	6.59 bp	243.8 bp −$244	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	7.41 bp	31.1 bp −$31	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	−0.0346%	4h	0.1889	−0.005%	$334K	$56K	20x	as long as short
OKX GRVT-USDT-SWAPshort	−0.0056%	4h	0.1891	+0.101%	$2.0M	$1.8M	20x
MEXC GRVT_USDT	−0.0054%	4h	0.1891	+0.095%	$3.6M	$135K	20x	as long as short
edgeX GRVTUSDC	+0.0024%	4h	0.1897	+0.439%	$10K	$283K	10x	as long as short
Bybit GRVTUSDT	+0.0100%	4h	0.1892	+0.138%	$2.8M	$758K	20x	as long as short
KuCoin GRVTUSDTMlong	+0.0100%	4h	0.1889	long leg	$230K	$691K	20x
Variational Omni GRVT	+0.0100%	4h	0.1892	+0.156%	$265K	$16K	—	as long as short
GRVT GRVT_USDT_Perp	+0.0100%	4h	0.1897	+0.439%	$293K	$203K	10x	as long as short
Extended GRVT-USD	+0.0144%	1h	0.1890	+0.045%	$101K	$426K	5x	as long as short
Binance GRVTUSDT	+0.0148%	4h	0.1891	+0.080%	$5.1M	$2.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRVTUSDT	+0.0188%	4h	0.1889	−0.005%	$667K	$623K	20x	as long as short
Aster GRVTUSDT	+0.0190%	4h	0.1890	+0.033%	$23K	$31K	5x	as long as short
BingX GRVT-USDT	+0.0194%	4h	0.1891	+0.101%	—	$1.6M	—	as long as short