Funding you earn now, next payment 07:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h −0.131%
Price spread now: Kraken Futures against GRVT+0.021%7-day average −0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$2022.018% of the position
Funding, last 7 days−0.733%−$73 on $10k
+Price spread, last 4 days (all we have)−0.969%−$97 · spread now +0.021%, 7d avg −0.244%
=Together, before fees−1.702%+ Points / potential airdropGRVT: Active · farm board−$170 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.265% dearer against GRVT than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.244%. Mind the row above: over the last 7 days funding on this pair cost −0.733%, 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 | GRVT POPCAT_USDT_Perp | 0.05741 | 0.0244 | pay 0.0122% / 4h | 1h 32m | $249K | $511K | 10x |
| Short | Kraken Futures PF_POPCATUSD | 0.05742 | 0.0392 | get 0.0049% / 1h | 32m 18s | $152K | $155K | 20x |
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSDFunding 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
- $31.12
- Price spread: +0.021% → −0.244%
- $26.48
- Slippage, 4 orders
- −$182.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$144.15
- Costs to cover
- 2.018%
- Break-even
- 39.4 days
Slippage from GRVT: live order book, 10 min ago; Kraken Futures: live order book, 10 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, 10 min ago | 4.36 bp | 57.3 bp −$57 | 24840.8 bp −$248.4K | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 10 min ago | 25.32 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
POPCAT on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.4288% | 1h | 0.05642 | −1.724% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05732 | −0.164% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | +0.0007% | 4h | 0.05714 | −0.462% | $485K | $174K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05741 | 0.000% | $102K | $57K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05734 | −0.127% | $2.5M | $7.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05725 | −0.279% | $9.1M | $7.2M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05726 | −0.261% | $693K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05735 | −0.105% | $444K | $571K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05736 | −0.087% | $1.9M | $1.0M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05734 | −0.122% | $1.1M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05731 | −0.174% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05723 | −0.314% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05740 | −0.017% | $22K | $656K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05727 | −0.237% | $95K | $375K | 10x | as long as short |
| GRVT POPCAT_USDT_Perplong | +0.0244% | 4h | 0.05741 | long leg | $249K | $511K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05742 | +0.017% | $131K | $358K | 50x | as long as short |
| Kraken Futures PF_POPCATUSDshort | +0.0392% | 1h | 0.05742 | +0.021% | $152K | $155K | 20x | |
| Hyperliquid POPCAT | +0.0595% | 1h | 0.05736 | −0.087% | $2.7M | $1.4M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT