CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0384%/8h= +42.0% APRnext payment +$1.92 per $10,000 · paid last 24h +0.053%

Price spread now: KuCoin against GRVT+0.078%83s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as 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−$330.332% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.323%+$32 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.078%, 7d avg +0.003%

Together, before fees+0.242%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.074% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 83 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	GRVT CL_USDT_Perp	93.298	−0.0330	get 0.0165% / 4h	2h 30m	$58K	$639K	25x
Short	KuCoin CLUSDTM	93.370	0.0054	get 0.0027% / 4h	2h 30m	$7.1M	$2.4M	50x

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 +0.078%Rate

Funding earned: $80.64
Price spread: +0.078% → +0.003%: $7.43
Slippage, 4 orders: −$12.18
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $54.89
Costs to cover: 0.332%
Break-even: 2.2 days

Slippage from GRVT: live order book, 18 min ago; KuCoin: live order book, 3 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, 18 min ago	0.54 bp	10.7 bp −$11	13.8 bp −$138	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	0.91 bp	8.6 bp −$9	doesn't fit	doesn't fit	doesn't fit

CL on 36 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0500%	1h	93.320	+0.024%	$197K	$373K	15x	as long as short
GRVT CL_USDT_Perplong	−0.0330%	4h	93.298	long leg	$58K	$639K	25x
Aster CLUSD1	−0.0305%	4h	93.380	+0.088%	$24.4M	$65.2M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.355	+0.062%	$284K	$959K	25x	as long as short
Binance CLUSDT	−0.0193%	4h	93.346	+0.052%	$246.3M	$930.6M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.331	+0.035%	$13.3M	$10.8M	—	as long as short
Aftermath Perps WTIUSD	−0.0150%	1h	93.333	+0.038%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0134%	1h	93.404	+0.114%	$966K	$617K	10x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.335	+0.040%	$42.1M	$42.8M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0122%	1h	93.260	−0.040%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0078%	4h	93.321	+0.025%	$525K	$306K	30x	as long as short
Gate CL_USDT	−0.0075%	8h	93.290	−0.008%	$21.8M	$49.6M	100x	as long as short
tradeXYZ xyz:CL	−0.0068%	1h	93.358	+0.065%	$184.5M	$214.4M	20x	as long as short
OKX CL-USDT-SWAP	−0.0063%	4h	93.360	+0.067%	$42.7M	$102.5M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.148%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.370	+0.078%	$2.3M	$2.3M	10x	as long as short
Lighter WTI	0.0000%	1h	93.344	+0.050%	$11.2M	$9.9M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.410	+0.120%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.380	+0.088%	$27.1M	$79.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.404	+0.114%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.380	+0.088%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.346	+0.052%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.901	−0.425%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0002%	8h	93.335	+0.040%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.385	+0.094%	$2.0M	$17.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.330	+0.035%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.350	+0.056%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.364	+0.071%	$332K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.342	+0.048%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.355	+0.061%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTMshort	+0.0054%	4h	93.370	+0.078%	$7.1M	$2.4M	50x
ApeX Omni CLUSDT	+0.0100%	1h	93.400	+0.110%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.312	+0.016%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0175%	4h	93.350	+0.056%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.60	+9.974%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0236% / S −0.0168%	1h	93.345	+0.051%	$84K	—	111x	as long as short