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: GRVT against KuCoin+0.047%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$600as 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 KuCoin Short on GRVT

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	KuCoin BXUSDTM	126.63	0.1156	pay 0.1156% / 8h	7h 53m	$113K	$1.1M	20x
Short	GRVT BX_USDT_Perp	126.69	0.0826	get 0.0826% / 8h	7h 53m	$1K	$123K	10x

Funding 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 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 GRVTbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$69.3
Price spread: +0.047% → +0.048%: −$0.17
Slippage, 4 orders: −$563.93
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$654.41
Costs to cover: 5.849%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; GRVT: live order book, 14 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, 1 min ago	13.83 bp	290.7 bp −$291	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 14 min ago	3.16 bp	28.0 bp −$28	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	+0.016%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.90	+0.213%	$490K	$866K	25x	as long as short
QFEX BX-USD	0.0000%	1h	126.97	+0.268%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.90	+0.213%	$425K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.88	+0.197%	$901K	$45K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.87	+0.190%	$957	$312K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.95	+0.253%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.72	+9.548%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0286%	8h	126.81	+0.142%	$164K	$113K	20x	as long as short
tradeXYZ xyz:BX	+0.0711%	1h	126.73	+0.079%	$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_Perpshort	+0.0826%	8h	126.69	+0.047%	$1K	$123K	10x
KuCoin BXUSDTMlong	+0.1156%	8h	126.63	long leg	$113K	$1.1M	20x
Variational Omni BX	+0.1226%	8h	126.68	+0.042%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1606%	8h	126.89	+0.205%	$796K	$483K	20x	as long as short