Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against KuCoin+0.264%113s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,484as 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−$1,47214.719% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.264%, 7d avg +0.050%
=Together, before fees−0.308%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.214% dearer against KuCoin than usual: you sell high and buy low (spread +0.264% now, against its 7-day average of +0.050%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.1 days. The two prices were read 113 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 | KuCoin CSCOUSDTM | 111.23 | 0.0100 | pay 0.0100% / 8h | 3h 47m | $327K | $740K | 20x |
| Short | GRVT CSCO_USDT_Perp | 111.52 | 0 | get 0.0000% / 8h | 3h 47m | $1K | $188K | 10x |
KuCoin CSCOUSDTM
GRVT CSCO_USDT_PerpFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.264% → +0.050%
- $21.43
- Slippage, 4 orders
- −$1,450.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,471.44
- Costs to cover
- 14.719%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; GRVT: live order book, 5 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, 27 min ago | 17.11 bp | 431.0 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 4.04 bp | 16.1 bp −$16 | 59.4 bp −$594 | 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 | 111.48 | +0.221% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.48 | +0.222% | $739K | $443K | 20x | as long as short |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.46 | +0.207% | $416K | $64K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.44 | +0.189% | $270K | $162K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.46 | +0.207% | $305K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.44 | +0.189% | $329K | $77K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.45 | +0.194% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perpshort | 0.0000% | 8h | 111.52 | +0.264% | $1K | $188K | 10x | |
| SunX CSCO-USDT | 0.0000% | 8h | 111.47 | +0.216% | $1K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.64 | +0.369% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | 0.0000% | 8h | 111.46 | +0.207% | $1.3M | $35K | 10x | as long as short |
| KuCoin CSCOUSDTMlong | +0.0100% | 8h | 111.23 | long leg | $327K | $740K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.38 | +0.130% | $232K | $2K | 10x | as long as short |
Phemex CSCOUSDT
Extended CSCO_24_5-USD