Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against KuCoin−0.349%113s7-day average +0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$690as 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−$6686.685% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)+0.441%+$44 · spread now −0.349%, 7d avg +0.134%
=Together, before fees+0.229%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.483% cheaper against KuCoin than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of +0.134%). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BBXUSDTM | 8.6000 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $138K | $391K | 20x |
| Short | GRVT BBX_USDT_Perp | 8.5700 | 0 | get 0.0000% / 8h | 2h 11m | $442 | $133K | 10x |
KuCoin BBXUSDTM
GRVT BBX_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
- −$21
- Price spread: −0.349% → +0.134%
- −$48.28
- Slippage, 4 orders
- −$647.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$737.78
- Costs to cover
- 6.685%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 46 min ago; GRVT: live order book, 31 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, 46 min ago | 5.82 bp | 238.8 bp −$239 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 5.83 bp | 102.7 bp −$103 | 156.3 bp −$1,563 | doesn't fit | doesn't fit |
BBX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBXUSDT | 0.0000% | 8h | 8.5724 | −0.320% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perpshort | 0.0000% | 8h | 8.5700 | −0.349% | $442 | $133K | 10x | |
| SunX BBX-USDT | 0.0000% | 8h | 8.5900 | −0.116% | $1K | $634K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.6000 | 0.000% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTMlong | +0.0100% | 8h | 8.6000 | long leg | $138K | $391K | 20x | |
| Variational Omni BBX | +0.0257% | 8h | 8.5766 | −0.272% | $146K | $11K | — | as long as short |
| Binance BBXUSDT | +0.0483% | 8h | 8.6024 | +0.028% | $1.2M | $2.0M | 20x | as long as short |
| Bybit BBXUSDT | +0.0701% | 8h | 8.5830 | −0.198% | $440K | $268K | 25x | as long as short |
| Nado BBX-PERP | +0.0754% | 1h | 8.5424 | −0.670% | $59K | $13K | 3x | as long as short |
Aster BBXUSDT
SunX BBX-USDT
HTX BBX-USDT
Variational Omni BBX
Binance BBXUSDT
Bybit BBXUSDT
Nado BBX-PERP