CSCO

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0261%/8h= −28.6% APRnext payment −$2.61 per $10,000 · paid last 24h −0.001%

Price spread now: SunX against GRVT−0.090%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$219as in the Price arb table

costs, in and out, $10k−$2072.071% of the position

Long on GRVT Short on SunX

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)+0.187%+$19 · spread now −0.090%, 7d avg +0.026%

Together, before fees+0.130%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.116% cheaper against GRVT than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.61 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 CSCO_USDT_Perp	111.31	0.0261	pay 0.0261% / 8h	7h 38m	$473	$160K	10x
Short	SunX CSCO-USDT	111.21	0	get 0.0000% / 8h	7h 38m	$1K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$54.81
Price spread: −0.090% → +0.026%: −$11.63
Slippage, 4 orders: −$190.05
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$273.49
Costs to cover: 2.071%
Break-even: never at this rate

Slippage from GRVT: live order book, 59 min ago; SunX: live order book, 6 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, 59 min ago	2.24 bp	41.8 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	46.69 bp	65.6 bp −$66	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	111.22	−0.082%	$4K	$6K	20x	as long as short
Binance CSCOUSDT	0.0000%	8h	111.21	−0.088%	$737K	$510K	20x	as long as short
Bybit CSCOUSDT	0.0000%	8h	111.21	−0.090%	$409K	$31K	25x	as long as short
OKX CSCO-USDT-SWAP	0.0000%	8h	111.06	−0.225%	$268K	$166K	20x	as long as short
Gate CSCO_USDT	0.0000%	8h	111.24	−0.063%	$304K	$9K	25x	as long as short
Bitget CSCOUSDT	0.0000%	8h	111.21	−0.090%	$319K	$85K	20x	as long as short
Variational Omni CSCO	0.0000%	8h	111.33	+0.019%	$36K	$44K	—	as long as short
SunX CSCO-USDTshort	0.0000%	8h	111.21	−0.090%	$1K	$1.4M	10x
HTX CSCO-USDT	0.0000%	8h	111.55	+0.215%	$6K	$3K	10x	as long as short
Phemex CSCOUSDT	0.0000%	8h	111.25	−0.054%	$1.3M	$40K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CSCOUSDTM	+0.0100%	8h	111.20	−0.099%	$328K	$880K	20x	as long as short
Extended CSCO_24_5-USD	+0.0104%	1h	111.27	−0.041%	$232K	$2K	10x	as long as short
GRVT CSCO_USDT_Perplong	+0.0261%	8h	111.31	long leg	$473	$160K	10x