BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0330%/8h= +36.1% APRnext payment +$3.30 per $10,000 · paid last 24h −0.092%

Price spread now: KuCoin against GRVT−0.047%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$570as in the Funding arb table

Net, price: spread back to 7d avg − costs−$585as in the Price arb table

costs, in and out, $10k−$5855.849% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.047%, 7d avg −0.048%

Together, before fees+0.159%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.30 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 BX_USDT_Perp	126.69	0.0826	pay 0.0826% / 8h	7h 53m	$1K	$123K	10x
Short	KuCoin BXUSDTM	126.63	0.1156	get 0.1156% / 8h	7h 53m	$113K	$1.1M	20x

Funding 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 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 GRVTbpFee KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: $69.3
Price spread: −0.047% → −0.048%: $0.18
Slippage, 4 orders: −$563.93
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$515.46
Costs to cover: 5.849%
Break-even: 59.1 days

Slippage from GRVT: live order book, 14 min ago; KuCoin: 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 GRVT live order book, 14 min ago	3.16 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	13.83 bp	242.3 bp −$242	doesn't fit	doesn't fit	doesn't fit

BX 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 BXUSDT	0.0000%	8h	126.65	−0.030%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.90	+0.167%	$490K	$866K	25x	as long as short
QFEX BX-USD	0.0000%	1h	126.97	+0.222%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.90	+0.167%	$425K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.88	+0.151%	$901K	$45K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.87	+0.143%	$957	$312K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.95	+0.206%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.72	+9.496%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0286%	8h	126.81	+0.095%	$164K	$113K	20x	as long as short
tradeXYZ xyz:BX	+0.0711%	1h	126.73	+0.032%	$670K	$195K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BX_USDT_Perplong	+0.0826%	8h	126.69	long leg	$1K	$123K	10x
KuCoin BXUSDTMshort	+0.1156%	8h	126.63	−0.047%	$113K	$1.1M	20x
Variational Omni BX	+0.1226%	8h	126.68	−0.005%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1606%	8h	126.89	+0.158%	$796K	$483K	20x	as long as short