Funding you earn now, next payment 06:00 UTC−0.0287%/8h= −31.4% APRpaid last 24h −0.192%
Price spread now: GRVT against Kraken Futures−0.112%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2212.212% of the position
Funding, last 7 days−0.728%−$73 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.112%, 7d avg −0.007%
=Together, before fees−0.732%+ Points / potential airdropGRVT: Active · farm board−$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.105% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3490 | 0.0387 | pay 0.0048% / 1h | 34m 16s | $245K | $155K | 10x |
| Short | GRVT KAITO_USDT_Perp | 0.3486 | 0.0100 | get 0.0050% / 4h | 2h 34m | $247K | $2.5M | 10x |
Kraken Futures PF_KAITOUSD
GRVT KAITO_USDT_PerpFunding 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
- −$60.28
- Price spread: −0.112% → −0.007%
- −$10.53
- Slippage, 4 orders
- −$202.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$291.99
- Costs to cover
- 2.212%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 13 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, 13 min ago | 4.26 bp | 87.4 bp −$87 | 12093.7 bp −$120.9K | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 14.37 bp | 22.2 bp −$22 | 186.6 bp −$1,866 | doesn't fit | doesn't fit |
KAITO 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0270% | 1h | 0.3487 | −0.098% | $20K | $184K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3507 | +0.483% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.431% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3473 | −0.478% | $117K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3475 | −0.423% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3469 | −0.599% | $10.6M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3473 | −0.491% | $4.3M | $7.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3468 | −0.634% | $4.2M | $10.7M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3476 | −0.405% | $653K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3470 | −0.577% | $3.1M | $1.1M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3481 | −0.262% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3474 | −0.462% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3473 | −0.491% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3488 | −0.062% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perpshort | +0.0100% | 4h | 0.3486 | −0.112% | $247K | $2.5M | 10x | |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3483 | −0.204% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3472 | −0.522% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3474 | −0.460% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3469 | −0.592% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0110% | 8h | 0.3475 | −0.423% | $4K | $604 | 10x | as long as short |
| BloFin KAITO-USDT | +0.0118% | 4h | 0.3492 | +0.054% | $565K | $68K | 75x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3482 | −0.226% | $17K | $326K | 5x | as long as short |
| Polymarket Perps KAITO-USD | +0.0123% | 1h | 0.3472 | −0.514% | $14K | $4.6M | 5x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0387% | 1h | 0.3490 | long leg | $245K | $155K | 10x | |
| Hyperliquid KAITO | +0.0787% | 1h | 0.3476 | −0.411% | $2.0M | $848K | 5x | as long as short |
| Lighter KAITO | +0.1432% | 1h | 0.3492 | +0.051% | $86K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8568% | 1h | 0.3569 | +2.257% | $6K | $1K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
BloFin KAITO-USDT
edgeX KAITOUSDC
Polymarket Perps KAITO-USD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD