Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.016%
Price spread now: GRVT against Kraken Futures−0.240%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now −0.240%, 7d avg −0.060%
=Together, before fees+0.283%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.181% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.060%). If the spread goes back, that is −$18 on $10k: about 7.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BCHUSD | 265.96 | −0.0299 | get 0.0037% / 1h | 50m 43s | $851K | $3.1M | 50x |
| Short | GRVT BCH_USDT_Perp | 265.32 | −0.0218 | pay 0.0218% / 8h | 6h 50m | $387K | $17K | 10x |
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Kraken Futures. 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
- $16.99
- Price spread: −0.240% → −0.060%
- −$18.05
- Slippage, 4 orders
- −$42.35
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.4
- Costs to cover
- 0.613%
- Break-even
- 32.7 days
Slippage from Kraken Futures: live order book, 3 min ago; GRVT: live order book, 17 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 Kraken Futures live order book, 3 min ago | 4.90 bp | 21.2 bp −$21 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 17 min ago | 1.49 bp | 13.2 bp −$13 | 24.8 bp −$248 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0479% | 1h | 265.72 | −0.090% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0476% | 1h | 265.71 | −0.092% | $449K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0400% | 8h | 265.83 | −0.048% | $4.9M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSDlong | −0.0299% | 1h | 265.96 | long leg | $851K | $3.1M | 50x | |
| ApeX Omni BCHUSDT | −0.0237% | 1h | 265.52 | −0.165% | $97K | $227K | 50x | as long as short |
| GRVT BCH_USDT_Perpshort | −0.0218% | 8h | 265.32 | −0.240% | $387K | $17K | 10x | |
| Gate BCH_USDT | −0.0150% | 8h | 265.98 | +0.008% | $8.4M | $13.2M | 75x | as long as short |
| Variational Omni BCH | −0.0123% | 8h | 265.51 | −0.169% | $81K | $285K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.93 | −0.011% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.79 | −0.063% | $112K | $966K | 25x | as long as short |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
ApeX Omni BCHUSDT
Gate BCH_USDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0086% | 8h | 266.10 | +0.053% | $71.9M | $233.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0084% | 8h | 266.38 | +0.158% | $69.8M | $6.8M | 200x | as long as short |
| Bybit BCHUSDT | −0.0078% | 8h | 266.10 | +0.053% | $39.2M | $33.2M | 75x | as long as short |
| SunX BCH-USDT | −0.0049% | 8h | 265.34 | −0.233% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | −0.0048% | 8h | 265.28 | −0.255% | $775K | $1.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0031% | 8h | 266.11 | +0.057% | $19.1M | $29.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0029% | 8h | 266.10 | +0.053% | $25.9M | $76.7M | 50x | as long as short |
| BingX BCH-USDT | −0.0020% | 8h | 266.08 | +0.046% | — | $32.3M | — | as long as short |
| Nado BCH-PERP | −0.0002% | 1h | 265.56 | −0.150% | $434K | $425K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.17 | +0.079% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.91 | −0.018% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.74 | −0.082% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 265.60 | −0.135% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.595% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0035% | 8h | 265.85 | −0.041% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 266.12 | +0.061% | $162K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0084% | 8h | 265.98 | +0.008% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.07 | +0.041% | $366K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.31 | +0.132% | $5.8M | $5.0M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.03 | +0.028% | $170K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.13 | −0.313% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.79 | −0.063% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDT
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]