Funding you earn now, next payment 08:00 UTC−0.0704%/8h= −77.1% APRnext payment −$7.04 per $10,000 · paid last 24h −0.102%
Price spread now: KuCoin against GRVT+0.178%68s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6,675as 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−$6,64966.488% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.178%, 7d avg −0.020%
=Together, before fees−0.465%+ Points / potential airdropGRVT: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.197% dearer against GRVT than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of −0.020%): +$20 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.260% in total) that is about 5.3 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.260% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BRKB_USDT_Perp | 503.69 | 0.0804 | pay 0.0804% / 8h | 50m 30s | $3K | $233K | 10x |
| Short | KuCoin BRKBUSDTM | 504.58 | 0.0100 | get 0.0100% / 8h | 50m 30s | $46K | $1.4M | 20x |
GRVT BRKB_USDT_Perp
KuCoin BRKBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against GRVT. 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
- −$147.84
- Price spread: +0.178% → −0.020%
- $19.7
- Slippage, 4 orders
- −$6,627.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$6,776.9
- Costs to cover
- 66.488%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 52 min ago; KuCoin: live order book, 5 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 GRVT live order book, 52 min ago | 1.39 bp | 5319.8 bp −$5,320 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 49.64 bp | 548.5 bp −$548 | doesn't fit | doesn't fit | doesn't fit |
BRKB on 14 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 BRKBUSDT | 0.0000% | 8h | 503.47 | −0.043% | $297K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.88 | +0.237% | $98K | $40K | 25x | as long as short |
| Gate BRKB_USDT | 0.0000% | 8h | 503.80 | +0.023% | $541K | $33K | 20x | as long as short |
| Bitget BRKBUSDT | 0.0000% | 8h | 503.69 | +0.001% | $367K | $72K | 20x | as long as short |
| SunX BRKB-USDT | 0.0000% | 8h | 503.47 | −0.043% | $954 | $1.2M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 503.81 | +0.025% | $7K | $39K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.57 | −0.023% | $1.3M | $62K | 10x | as long as short |
| QFEX BRK.B-USD | +0.0012% | 1h | 502.96 | −0.144% | $1.1M | $3.2M | 10x | as long as short |
| KuCoin BRKBUSDTMshort | +0.0100% | 8h | 504.58 | +0.178% | $46K | $1.4M | 20x | |
| Variational Omni BRKB | +0.0152% | 8h | 503.41 | −0.055% | $427K | $20K | — | as long as short |
Aster BRKBUSDT
Bybit BRKBUSDT
Gate BRKB_USDT
Bitget BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
QFEX BRK.B-USD
Variational Omni BRKBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BRKB-USDT-SWAP | +0.0197% | 8h | 504.53 | +0.168% | $484K | $147K | 20x | as long as short |
| Binance BRKBUSDT | +0.0389% | 8h | 503.49 | −0.038% | $2.6M | $1.5M | 20x | as long as short |
| GRVT BRKB_USDT_Perplong | +0.0804% | 8h | 503.69 | long leg | $3K | $233K | 10x | |
| edgeX BRKBUSDC | +0.0975% | 4h | 503.40 | −0.057% | $26K | $248K | 10x | as long as short |
OKX BRKB-USDT-SWAP
Binance BRKBUSDT
edgeX BRKBUSDC