Funding you earn now, next payment 02:00 UTC+0.0866%/8h= +94.9% APRpaid last 24h +0.221%
Price spread now: Kraken Futures against GRVT−0.033%75s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as 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−$1761.757% of the position
Funding, last 7 days+0.731%+$73 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.033%, 7d avg +0.017%
=Together, before fees+0.815%+ Points / potential airdropGRVT: Active · farm board+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.050% cheaper against GRVT than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.017%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.731% in total) that is about 11 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT KAITO_USDT_Perp | 0.3517 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $240K | $2.8M | 10x |
| Short | Kraken Futures PF_KAITOUSD | 0.3515 | 0.0966 | get 0.0121% / 1h | 2m 09s | $245K | $148K | 10x |
Funding 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
- $181.92
- Price spread: −0.033% → +0.017%
- −$5
- Slippage, 4 orders
- −$156.74
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.18
- Costs to cover
- 1.757%
- Break-even
- 7.0 days
Slippage from GRVT: live order book, 2 min ago; Kraken Futures: live order book, 65 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, 2 min ago | 9.93 bp | 17.8 bp −$18 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 65 min ago | 5.71 bp | 60.8 bp −$61 | 179.6 bp −$1,796 | doesn't fit | doesn't fit |
KAITO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0442% | 1h | 0.3517 | +0.013% | $20K | $171K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3508 | −0.243% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.159% | — | — | — | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3523 | +0.184% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3518 | +0.050% | $10.7M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3522 | +0.155% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3516 | −0.015% | $4.3M | $10.4M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3521 | +0.127% | $689K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3518 | +0.042% | $3.3M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3522 | +0.155% | $1.4M | $166K | 30x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3522 | +0.155% | $4.5M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3519 | +0.070% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3521 | +0.138% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perplong | +0.0100% | 4h | 0.3517 | long leg | $240K | $2.8M | 10x | |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3518 | +0.042% | $30K | $257K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3519 | +0.064% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3518 | +0.053% | $79K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3517 | −0.001% | $244K | — | 3x | as long as short |
| Aster KAITOUSDT | +0.0107% | 4h | 0.3519 | +0.062% | $117K | $39K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0109% | 4h | 0.3520 | +0.088% | $18K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0125% | 8h | 0.3520 | +0.093% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0173% | 1h | 0.3521 | +0.138% | $16K | $4.2M | 5x | as long as short |
| Hyperliquid KAITO | +0.0917% | 1h | 0.3524 | +0.224% | $2.1M | $781K | 5x | as long as short |
| Kraken Futures PF_KAITOUSDshort | +0.0966% | 1h | 0.3515 | −0.033% | $245K | $148K | 10x | |
| Lighter KAITO | +0.1464% | 1h | 0.3533 | +0.463% | $87K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.7120% | 1h | 0.3619 | +2.908% | $6K | $2K | 3x | as long as short |
GRVT KAITO_USDT_Perp
Kraken Futures PF_KAITOUSD
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
ApeX Omni KAITOUSDT
Extended KAITO-USD
Aster KAITOUSDT
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Polymarket Perps KAITO-USD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD