STXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0267%/8h= −29.2% APRnext payment −$2.67 per $10,000 · paid last 24h −0.068%

Price spread now: GRVT against KuCoin+0.033%68s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$420as 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−$4274.274% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.033%, 7d avg −0.007%

Together, before fees+0.005%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.007%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you. The two prices were read 68 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 0.072% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.67 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	KuCoin STXXUSDTM	864.53	0.0100	pay 0.0100% / 8h	10m 21s	$102K	$113K	20x
Short	GRVT STXX_USDT_Perp	864.82	−0.0167	pay 0.0167% / 8h	10m 21s	$17	$129K	10x

Funding 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 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 KuCoinbpFee GRVTbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$56.07
Price spread: +0.033% → −0.007%: $4.04
Slippage, 4 orders: −$406.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$479.39
Costs to cover: 4.274%
Break-even: never at this rate

Slippage from KuCoin: live order book, 14 min ago; GRVT: live order book, 27 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, 14 min ago	13.44 bp	204.2 bp −$204	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 27 min ago	3.06 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit

STXX on 9 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
GRVT STXX_USDT_Perpshort	−0.0167%	8h	864.82	+0.033%	$17	$129K	10x
Variational Omni STXX	−0.0001%	8h	864.04	−0.056%	$115K	$411	—	as long as short
Aster STXXUSDT	0.0000%	8h	866.53	+0.231%	$18K	$30K	20x	as long as short
Extended STXX-USD	0.0000%	1h	864.64	+0.013%	$43K	$241K	10x	as long as short
Binance STXXUSDT	0.0000%	8h	864.85	+0.037%	$1.4M	$3.8M	20x	as long as short
Bybit STXXUSDT	0.0000%	8h	865.00	+0.054%	$249K	$162K	25x	as long as short
BloFin STXX-USDT	+0.0004%	8h	864.30	−0.027%	$26K	$76K	20x	as long as short
KuCoin STXXUSDTMlong	+0.0100%	8h	864.53	long leg	$102K	$113K	20x
HTX STXX-USDT	+0.0100%	8h	865.15	+0.072%	$10K	$35K	10x	as long as short