Funding arb · Price arb / Crypto
KAITO
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3507 | +0.0100 | pay 0.0050% / 4h | 3h 59m | $235K | $1.8M | 10x | Long GRVT | |
| SHORT | 0.3511 | +0.0096 | get 0.0012% / 1h | 59m 17s | $54K | $155K | 20x | Short Popdex |
Price gap+0.116%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$16 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.006% over the last 6 days (all we have)
Price+$16spread +0.116% now, avg −0.044% → +0.160% if it goes back
Costs−$3103.102% of $10k · taker + slippage, in and out
Result−$295−2.95%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.116%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKAITO on 28 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size16.9 / 115.0 bpAt $10k entering Popdex costs 115.0 bp, fee and slippage, 6.8× GRVT’s.
- Note: Margin at max leverage$1,000 + $500GRVT 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long GRVT: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.116% vs −0.044%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$54K vs $235K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.69
Price spread+0.116% → −0.044% (7d avg)+$15.99
Slippage, 4 orderslive order books−$294.83
Fee GRVT bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$294.93
Costs to cover3.102%Break-evennever at this rate
Slippage: GRVT: live order book, 3 min ago; Popdex: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT8.5416.9 bp−$1760.7 bp−$607doesn’t fitdoesn’t fit
SELL · SHORTPopdex5.78115.0 bp−$115doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | Reya | Listing | KAITORUSDPERP no longer reported ($KAITO) seen by our collector |
| 09-29 11:00 | gTrade (Gains Network) | Listing | KAITO/USD no longer reported ($KAITO) seen by our collector |
Reya
gTrade (Gains Network)