Funding you earn now, next payment 03:00 UTC+0.0193%/8h= +21.2% APRpaid last 24h −0.072%
Price spread now: Kraken Futures against GRVT+0.513%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days−0.419%−$42 on $10k
+Price spread, last 4 days (all we have)−0.463%−$46 · spread now +0.513%, 7d avg +0.131%
=Together, before fees−0.882%+ Points / potential airdropGRVT: Active · farm board−$88 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.381% dearer against GRVT than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.419%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ICP_USDT_Perp | 2.9748 | 0.0100 | pay 0.0100% / 8h | 5h 34m | $565K | $492K | 10x |
| Short | Kraken Futures PF_ICPUSD | 2.9901 | 0.0293 | get 0.0037% / 1h | 34m 26s | $526K | $640K | 50x |
GRVT ICP_USDT_Perp
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $40.59
- Price spread: +0.513% → +0.131%
- $38.14
- Slippage, 4 orders
- −$62.35
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.62
- Costs to cover
- 0.813%
- Break-even
- 7.5 days
Slippage from GRVT: live order book, 28 min ago; Kraken Futures: live order book, 29 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, 28 min ago | 3.34 bp | 20.1 bp −$20 | 59.3 bp −$593 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 29 min ago | 5.00 bp | 16.1 bp −$16 | 36.5 bp −$365 | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9827 | +0.265% | $69K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9879 | +0.439% | $266 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9852 | +0.347% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.280% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0060% | 8h | 2.9799 | +0.171% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9849 | +0.339% | $162K | $483K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9879 | +0.439% | $4.6M | $5.0M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9860 | +0.376% | $275K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9826 | +0.261% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9850 | +0.342% | $29.4M | $53.6M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9850 | +0.342% | $17.4M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9840 | +0.308% | $5.8M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9840 | +0.308% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9850 | +0.342% | $19.7M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9830 | +0.275% | $4.8M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9860 | +0.376% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9850 | +0.342% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9727 | −0.072% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 2.9748 | long leg | $565K | $492K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9820 | +0.241% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9820 | +0.241% | $104K | $182K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9860 | +0.376% | $1.8M | $793K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9815 | +0.224% | $22K | $123K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9810 | +0.207% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.0293% | 1h | 2.9901 | +0.513% | $526K | $640K | 50x | |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9880 | +0.443% | $67K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 2.9850 | +0.341% | $37K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]