Funding you earn now, next payment 01:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h −0.097%
Price spread now: GRVT against Kraken Futures−0.700%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)+0.685%+$68 · spread now −0.700%, 7d avg −0.086%
=Together, before fees+0.520%+ Points / potential airdropGRVT: Active · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.614% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.700% now, against its 7-day average of −0.086%). If the spread goes back, that is −$61 on $10k: about 8.9 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, 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 | Kraken Futures PF_NEARUSD | 4.3121 | −0.0130 | get 0.0016% / 1h | 53m 36s | $7.6M | $37.2M | 50x |
| Short | GRVT NEAR_USDT_Perp | 4.2819 | 0.0100 | get 0.0100% / 8h | 7h 53m | $1.4M | $1.3M | 10x |
Kraken Futures PF_NEARUSD
GRVT NEAR_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
- $48.39
- Price spread: −0.700% → −0.086%
- −$61.44
- Slippage, 4 orders
- −$30.04
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.09
- Costs to cover
- 0.490%
- Break-even
- 16.0 days
Slippage from Kraken Futures: live order book, 6 min ago; GRVT: live order book, 5 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, 6 min ago | 6.68 bp | 13.0 bp −$13 | 16.8 bp −$168 | 46.5 bp −$4,647 | 5231.7 bp −$2.62M |
| Sell GRVT live order book, 5 min ago | 2.34 bp | 11.9 bp −$12 | 26.1 bp −$261 | doesn't fit | doesn't fit |
NEAR on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex NEARUSDT | −0.1723% | 8h | 4.3100 | −0.048% | $3.9M | $8.5M | 50x | as long as short |
| Bybit NEARUSDT | −0.0236% | 8h | 4.3030 | −0.210% | $219.3M | $419.1M | 75x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.2966 | −0.358% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0130% | 1h | 4.3121 | long leg | $7.6M | $37.2M | 50x | |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3091 | −0.069% | $2.3M | $13.1M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.3029 | −0.212% | $13K | $7K | 10x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3114 | −0.016% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3084 | −0.085% | $377K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3023 | −0.227% | $204K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0019% | 8h | 4.2869 | −0.583% | $7.9M | $18.5M | — | as long as short |
Phemex NEARUSDT
Bybit NEARUSDT
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.967% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3030 | −0.210% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3090 | −0.071% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3032 | −0.206% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3130 | +0.022% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3114 | −0.016% | $404K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3030 | −0.210% | $255.2M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3020 | −0.233% | $61.1M | $282.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3030 | −0.210% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2646 | −1.100% | $243K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3035 | −0.199% | $31.1M | $58.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3100 | −0.048% | $79.7M | $138.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3080 | −0.094% | $56.2M | $43.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3015 | −0.245% | $71.3M | $125.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3010 | −0.257% | — | $141.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2790 | −0.767% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0100% | 8h | 4.2819 | −0.700% | $1.4M | $1.3M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2780 | −0.790% | $179K | $794K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2989 | −0.305% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3150 | +0.068% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3090 | −0.071% | $4K | $53K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3012 | −0.253% | $3.9M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3089 | −0.072% | $201K | $28K | 3x | as long as short |
| HTX NEAR-USDT | +0.0154% | 8h | 4.3170 | +0.115% | $459K | $3.6M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | −0.697% | $13.0M | $29.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0338% | 1h | 4.3150 | +0.068% | $368.0M | $299.8M | 10x | as long as short |
| Lighter RH NEAR | +0.0360% | 1h | 4.3121 | +0.001% | $1.6M | $6.8M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0313% | 1h | 4.3018 | −0.238% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0423% | 1h | 4.3010 | −0.257% | $1.9M | $3.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3044 | −0.178% | $409K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2848 | −0.632% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0473% | 1h | 4.3164 | +0.101% | $1.4M | $5.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0678% | 1h | 4.3139 | +0.043% | $1.9M | $2.9M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1169% | 1h | 4.2861 | −0.602% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1912% | 1h | 4.3235 | +0.265% | $17.3M | $23.7M | 15x | as long as short |
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
HTX NEAR-USDT
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR