Funding you earn now, next payment 16:00 UTC−0.0421%/8h= −46.1% APRnext payment −$4.21 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against GRVT+0.063%113s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$431as 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−$4364.363% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.063%, 7d avg −0.025%
=Together, before fees−0.012%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.088% dearer against GRVT than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.025%): +$9 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 113 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 0.051% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.21 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CBRS_USDT_Perp | 207.67 | 0.0521 | pay 0.0521% / 8h | 5h 49m | $719 | $227K | 10x |
| Short | KuCoin CBRSUSDTM | 207.80 | 0.0100 | get 0.0100% / 8h | 5h 49m | $113K | $263K | 20x |
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTMFunding 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
- −$88.41
- Price spread: +0.063% → −0.025%
- $8.79
- Slippage, 4 orders
- −$415.34
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$515.96
- Costs to cover
- 4.363%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 60 min ago; KuCoin: live order book, 52 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, 60 min ago | 1.70 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 9.23 bp | 227.4 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | −0.0116% | 1h | 207.23 | −0.212% | $1K | $109K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.82 | +0.072% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.63 | −0.020% | $66K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.21 | +0.260% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.24 | +0.274% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.16 | +0.236% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.09 | +0.202% | $1K | $2.5M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.77 | +0.048% | $9K | $10K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0005% | 1h | 207.75 | +0.039% | $42.6M | $4.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0010% | 8h | 207.74 | +0.032% | $398K | $101K | — | as long as short |
Phoenix CBRS
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRS
Variational Omni CBRSShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0020% | 1h | 207.46 | −0.101% | — | $105K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.92 | +0.120% | $91K | $1.2M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.49 | −0.087% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.02 | +0.169% | $329K | $730K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0056% | 1h | 208.04 | +0.179% | $44K | $386K | 10x | as long as short |
| Binance CBRSUSDT | +0.0068% | 8h | 208.14 | +0.226% | $10.2M | $32.9M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0079% | 8h | 207.75 | +0.039% | $149K | $74K | 20x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.74 | +0.034% | $822 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 207.80 | +0.063% | $113K | $263K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.29 | −0.183% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.79 | +0.059% | $241 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.252% | $115K | $107K | 10x | as long as short |
| Gate CBRS_USDT | +0.0355% | 8h | 208.20 | +0.255% | $2.9M | $3.3M | 50x | as long as short |
| GRVT CBRS_USDT_Perplong | +0.0521% | 8h | 207.67 | long leg | $719 | $227K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0617% | 1h | 207.76 | +0.043% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0936% | 4h | 207.70 | +0.014% | $23K | $222K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Orderly PERP_CBRS_USDC_mythos
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC