Funding you earn now, next payment 07:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h +0.039%
Price spread now: GRVT against Kraken Futures+0.115%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.115%, 7d avg −0.048%
=Together, before fees+0.192%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.163% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of −0.048%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FILUSD | 0.9871 | 0.0247 | pay 0.0031% / 1h | 33m 24s | $1.3M | $2.2M | 50x |
| Short | GRVT FIL_USDT_Perp | 0.9882 | 0.0100 | get 0.0100% / 8h | 1h 33m | $293K | $1.3M | 10x |
Funding 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
- −$30.94
- Price spread: +0.115% → −0.048%
- $16.26
- Slippage, 4 orders
- −$120.15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$153.83
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; GRVT: live order book, 4 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, 5 min ago | 5.05 bp | 15.5 bp −$15 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 5.06 bp | 38.9 bp −$39 | 87.0 bp −$870 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0560% | 1h | 0.9870 | −0.012% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9919 | +0.485% | $352K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9859 | −0.121% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9861 | −0.104% | $57K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.163% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0043% | 8h | 0.9864 | −0.072% | $17.9M | $108.6M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0057% | 8h | 0.9863 | −0.082% | $7.0M | $8.0M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9859 | −0.122% | $147K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9867 | −0.046% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9867 | −0.038% | $503K | $608K | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9864 | −0.075% | $55.5M | $187.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9862 | −0.093% | $15.5M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9864 | −0.072% | $8.2M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9864 | −0.072% | $229K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9865 | −0.062% | $11.2M | $20.2M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9866 | −0.052% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9865 | −0.064% | $439K | $273K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9881 | +0.102% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9882 | +0.115% | $293K | $1.3M | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9880 | +0.090% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9874 | +0.026% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.113% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9864 | −0.072% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9875 | +0.039% | $613K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.113% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9861 | −0.101% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9870 | −0.012% | $2.6M | $674K | 75x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0247% | 1h | 0.9871 | long leg | $1.3M | $2.2M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9865 | −0.064% | $264K | — | 100x | as long as short |
Kraken Futures PF_FILUSD
GRVT FIL_USDT_Perp
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]