Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.025%
Price spread now: Kraken Futures against GRVT+0.035%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.035%, 7d avg +0.023%
=Together, before fees+0.390%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.345%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,331.9 | −0.0078 | get 0.0039% / 4h | 3h 01m | $1.5M | $2.0M | 10x |
| Short | Kraken Futures PF_PAXGUSD | 4,333.4 | −0.0096 | pay 0.0012% / 1h | 1m 27s | $1.2M | $2.1M | 20x |
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSDFunding 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
- −$3.84
- Price spread: +0.035% → +0.023%
- $1.16
- Slippage, 4 orders
- −$13.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$35.07
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Kraken Futures: live order book, 2 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 | 0.01 bp | 5.7 bp −$6 | 7.7 bp −$77 | 125.3 bp −$12.5K | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 0.69 bp | 11.0 bp −$11 | 14.3 bp −$143 | doesn't fit | doesn't fit |
PAXG on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0248% | 1h | 4,332.2 | +0.006% | $115K | $15K | 5x | as long as short |
| Lighter PAXG | −0.0136% | 1h | 4,329.4 | −0.058% | $1.4M | $636K | 25x | as long as short |
| Kraken Futures PF_PAXGUSDshort | −0.0096% | 1h | 4,333.4 | +0.035% | $1.2M | $2.1M | 20x | |
| GRVT PAXG_USDT_Perplong | −0.0078% | 4h | 4,331.9 | long leg | $1.5M | $2.0M | 10x | |
| Hibachi PAXG/USDT-P | −0.0024% | 1h | 4,333.5 | +0.037% | $43K | $189K | 20x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,332.4 | +0.011% | $15.7M | $4.1M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,328.4 | −0.082% | $2K | $3.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,336.4 | +0.103% | $7.9M | $428K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,335.9 | +0.091% | $910K | $819K | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,329.7 | −0.050% | $375K | $1.5M | 25x | as long as short |
dYdX PAXG-USD
Lighter PAXG
Hibachi PAXG/USDT-P
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0018% | 4h | 4,335.1 | +0.073% | $16.7M | $1.2M | 100x | as long as short |
| Bitget PAXGUSDT | +0.0020% | 4h | 4,328 | −0.091% | $9.2M | $16.3M | 50x | as long as short |
| Binance PAXGUSDT | +0.0021% | 4h | 4,330.3 | −0.036% | $80.3M | $82.0M | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0030% | 1h | 4,330.4 | −0.035% | $262K | $806K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.355% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0037% | 4h | 4,332.1 | +0.004% | $907K | $38K | 50x | as long as short |
| Hyperliquid PAXG | +0.0076% | 1h | 4,328.2 | −0.086% | $21.3M | $2.6M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0086% | 8h | 4,329.9 | −0.047% | $80K | $4.4M | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,332.3 | +0.009% | $1.0M | $308K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,330.3 | −0.037% | $15.0M | $4.6M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,333.2 | +0.029% | $28.9M | $5.5M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,331.9 | −0.001% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,332.1 | +0.004% | $1.2M | $857K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,331.7 | −0.004% | $12.2M | $291K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,332.2 | +0.006% | $556 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,326 | −0.137% | $1.5M | $80K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,330.9 | −0.023% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,334 | +0.048% | $935K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1288% | 1h | 4,387.3 | +1.278% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Bitget PAXGUSDT
Binance PAXGUSDT
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD