Funding arb · Price arb /

CSCO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: GRVT against Gate−0.040%81s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$196as 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−$2012.014% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.040%, 7d avg +0.015%

Together, before fees+0.112%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.055% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 81 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	Gate CSCO_USDT	111.56	0	get 0.0000% / 8h	3h 58m	$305K	$7K	25x
Short	GRVT CSCO_USDT_Perp	111.52	0	get 0.0000% / 8h	3h 58m	$1K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → +0.015%: −$5.46
Slippage, 4 orders: −$177.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$206.84
Costs to cover: 2.014%
Break-even: never at this rate

Slippage from Gate: live order book, 57 min ago; GRVT: live order book, 59 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 Gate live order book, 57 min ago	18.38 bp	129.3 bp −$129	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 59 min ago	6.27 bp	23.1 bp −$23	doesn't fit	doesn't fit	doesn't fit

CSCO on 13 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 CSCOUSDT	0.0000%	8h	111.44	−0.111%	$4K	$6K	20x	as long as short
Binance CSCOUSDT	0.0000%	8h	111.57	+0.013%	$741K	$447K	20x	as long as short
Bybit CSCOUSDT	0.0000%	8h	111.44	−0.108%	$415K	$63K	25x	as long as short
OKX CSCO-USDT-SWAP	0.0000%	8h	111.34	−0.197%	$270K	$163K	20x	as long as short
Gate CSCO_USDTlong	0.0000%	8h	111.56	long leg	$305K	$7K	25x
Bitget CSCOUSDT	0.0000%	8h	111.55	−0.009%	$337K	$73K	20x	as long as short
Variational Omni CSCO	0.0000%	8h	111.56	0.000%	$39K	$8K	—	as long as short
GRVT CSCO_USDT_Perpshort	0.0000%	8h	111.52	−0.040%	$1K	$188K	10x
SunX CSCO-USDT	0.0000%	8h	111.58	+0.018%	$1K	$1.3M	10x	as long as short
HTX CSCO-USDT	0.0000%	8h	111.88	+0.287%	$6K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CSCOUSDT	0.0000%	8h	111.60	+0.036%	$1.3M	$35K	10x	as long as short
KuCoin CSCOUSDTM	+0.0100%	8h	111.20	−0.323%	$326K	$734K	20x	as long as short
Extended CSCO_24_5-USD	+0.0104%	1h	111.31	−0.229%	$232K	$2K	10x	as long as short