Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.017%
Price spread now: GRVT against KuCoin−0.019%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.019%, 7d avg −0.018%
=Together, before fees−0.014%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 271.51 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $9.2M | $8.0M | 75x |
| Short | GRVT BCH_USDT_Perp | 271.46 | 0.0014 | get 0.0014% / 8h | 1h 35m | $396K | $17K | 10x |
KuCoin BCHUSDTM
GRVT BCH_USDT_PerpFunding 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
- −$18.06
- Price spread: −0.019% → −0.018%
- −$0.02
- Slippage, 4 orders
- −$31.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$71.08
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; GRVT: live order book, 47 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, 3 min ago | 1.10 bp | 16.3 bp −$16 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 47 min ago | 0.56 bp | 9.2 bp −$9 | 26.8 bp −$268 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0805% | 1h | 271.62 | +0.041% | $460K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0204% | 8h | 271.53 | +0.007% | $5.0M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.482% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0100% | 1h | 271.29 | −0.081% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 271.12 | −0.144% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.41 | −0.036% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0061% | 8h | 271.36 | −0.056% | $75.5M | $232.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0060% | 8h | 271.93 | +0.155% | $71.5M | $6.4M | 200x | as long as short |
| Bybit BCHUSDT | −0.0018% | 8h | 271.20 | −0.114% | $39.7M | $32.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0013% | 8h | 271.51 | 0.000% | $8.4M | $14.7M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0006% | 8h | 271.37 | −0.052% | $20.1M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.46 | −0.017% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.88 | +0.136% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.66 | +0.054% | $5K | — | 150x | as long as short |
| GRVT BCH_USDT_Perpshort | +0.0014% | 8h | 271.46 | −0.019% | $396K | $17K | 10x | |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.59 | +0.029% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.47 | −0.015% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 271.39 | −0.044% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0063% | 8h | 271.35 | −0.059% | — | $30.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0068% | 8h | 271.30 | −0.077% | $26.2M | $78.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 271.44 | −0.027% | $379K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 271.25 | −0.094% | $446K | $427K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.84 | +0.122% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.70 | +0.071% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.28 | −0.085% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTMlong | +0.0100% | 8h | 271.51 | long leg | $9.2M | $8.0M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 271.59 | +0.028% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.90 | +0.144% | $74K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.21 | −0.110% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.34 | −0.063% | $785K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.52 | +0.005% | $810K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0343% / S −0.0467% | 1h | 271.93 | +0.153% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]