Funding you earn now, next payment 09:00 UTC−0.0202%/8h= −22.2% APRpaid last 24h −0.066%
Price spread now: GRVT against Kraken Futures+0.341%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−1.021%−$102 · spread now +0.341%, 7d avg −0.063%
=Together, before fees−1.128%+ Points / potential airdropGRVT: Active · farm board−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.404% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.341% now, against its 7-day average of −0.063%): +$40 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.107% in total) that is about 26 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLDUSD | 0.4529 | 0.0302 | pay 0.0038% / 1h | 13m 17s | $898K | $2.7M | 50x |
| Short | GRVT WLD_USDT_Perp | 0.4544 | 0.0100 | get 0.0100% / 8h | 7h 13m | $603K | $2.2M | 10x |
Kraken Futures PF_WLDUSD
GRVT WLD_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
- −$42.51
- Price spread: +0.341% → −0.063%
- $40.39
- Slippage, 4 orders
- −$31.7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.83
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 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, 5 min ago | 6.61 bp | 13.8 bp −$14 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.10 bp | 9.8 bp −$10 | 20.1 bp −$201 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0034% | 1h | 0.4530 | +0.043% | $235K | $172K | 5x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4532 | +0.076% | $35K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4527 | −0.035% | $117K | $971K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4528 | −0.017% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4526 | −0.057% | $27K | $543K | 10x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4532 | +0.071% | $50.2M | $43.1M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4532 | +0.076% | $219K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4533 | +0.092% | $56K | $546K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4531 | +0.054% | $86.4M | $331.6M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4530 | +0.032% | $65.0M | $89.1M | 50x | as long as short |
Nado WLD-PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4529 | +0.009% | $34.3M | $149.4M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4527 | −0.035% | $7.1M | $35.1M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4528 | −0.013% | $41.3M | $57.1M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4529 | +0.009% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4526 | −0.057% | $29.8M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4527 | −0.035% | — | $20.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4536 | +0.171% | $128K | $284K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4540 | +0.249% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4540 | +0.245% | $27K | $323K | 20x | as long as short |
| GRVT WLD_USDT_Perpshort | +0.0100% | 8h | 0.4544 | +0.341% | $603K | $2.2M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4539 | +0.230% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4532 | +0.087% | $49K | $2.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4531 | +0.054% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4526 | −0.057% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4529 | +0.009% | $830K | $1.4M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | +0.009% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4524 | −0.095% | $215K | $907K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4527 | −0.029% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.454% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4525 | −0.073% | — | — | 20x | as long as short |
| dYdX WLD-USD | +0.0154% | 1h | 0.4532 | +0.081% | $155K | $31K | 10x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4534 | +0.120% | $4.9M | $3.0M | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0160% | 1h | 0.4533 | +0.107% | $324 | $55 | 5x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4542 | +0.299% | $4K | $44K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4527 | −0.025% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4530 | +0.032% | $4.3M | $956K | 75x | as long as short |
| Kraken Futures PF_WLDUSDlong | +0.0302% | 1h | 0.4529 | long leg | $898K | $2.7M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4537 | +0.186% | $269K | $1.5M | 50x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Injective WLD/USDC PERP
Reya WLDRUSDPERP
dYdX WLD-USD
Lighter WLD
01 Exchange WLDUSD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Coinbase International WLD-PERP-INTX