Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.009%
Price spread now: GRVT against BloFin−0.153%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1741.738% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.270%+$27 · spread now −0.153%, 7d avg +0.044%
=Together, before fees+0.275%+ Points / potential airdropGRVT: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.197% cheaper against BloFin than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.044%). If the spread goes back, that is −$20 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.005% in total) that is about 9 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAIA-USDT | 0.03292 | 0.0090 | pay 0.0045% / 4h | 50m 02s | $154K | $9K | 75x |
| Short | GRVT KAIA_USDT_Perp | 0.03287 | 0.0100 | get 0.0050% / 4h | 50m 02s | $396K | $498K | 10x |
BloFin KAIA-USDT
GRVT KAIA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- $2.05
- Price spread: −0.153% → +0.044%
- −$19.66
- Slippage, 4 orders
- −$152.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$191.43
- Costs to cover
- 1.738%
- Break-even
- 660.3 days
Slippage from BloFin: live order book, 12 min ago; GRVT: live order book, 28 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 BloFin live order book, 12 min ago | 9.17 bp | 23.3 bp −$23 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 28 min ago | 16.91 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
KAIA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDTlong | +0.0090% | 4h | 0.03292 | long leg | $154K | $9K | 75x | |
| Binance KAIAUSDT | +0.0100% | 4h | 0.03288 | −0.122% | $2.3M | $3.5M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03284 | −0.243% | $2.0M | $1.5M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03286 | −0.182% | $81K | $56K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03285 | −0.213% | $415K | $124K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03288 | −0.122% | $338K | $72K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03288 | −0.122% | $483K | $337K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03286 | −0.182% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03287 | −0.164% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perpshort | +0.0100% | 4h | 0.03287 | −0.153% | $396K | $498K | 10x |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KAIA-USD | +0.0104% | 1h | 0.03287 | −0.141% | $982 | $100K | 5x | as long as short |
| Kraken Futures PF_KAIAUSD | +0.0282% | 1h | 0.03295 | +0.089% | $46K | $14K | 10x | as long as short |
Extended KAIA-USD
Kraken Futures PF_KAIAUSD