Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.008%
Price spread now: Kraken Futures against GRVT−0.046%75s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.046%, 7d avg +0.026%
=Together, before fees+0.052%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.073% cheaper against GRVT than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAUT_USDT_Perp | 4,363.6 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $1K | $115K | 10x |
| Short | Kraken Futures PF_XAUTUSD | 4,361.5 | 0.0118 | get 0.0015% / 1h | 37m 47s | $5.3M | $4.0M | 50x |
GRVT XAUT_USDT_Perp
Kraken Futures PF_XAUTUSDFunding 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
- $3.8
- Price spread: −0.046% → +0.026%
- −$7.28
- Slippage, 4 orders
- −$2.7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$25.18
- Costs to cover
- 0.217%
- Break-even
- 53.4 days
Slippage from GRVT: live order book, 34 min ago; Kraken Futures: live order book, 1 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, 34 min ago | 1.24 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.12 bp | 5.1 bp −$5 | 6.5 bp −$65 | 15.5 bp −$1,551 | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0189% | 1h | 4,362.6 | −0.023% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0058% | 4h | 4,357.8 | −0.132% | $25.9M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,360 | −0.082% | $131.3M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.316% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,360.5 | −0.070% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0097% | 4h | 4,360.2 | −0.078% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,359.6 | −0.092% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,358.9 | −0.107% | $35.5M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,359 | −0.105% | $121.0M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,358.7 | −0.112% | $338.0M | $280.1M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,360.9 | −0.062% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,358.8 | −0.110% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perplong | +0.0100% | 4h | 4,363.6 | long leg | $1K | $115K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,359.5 | −0.093% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,361 | −0.058% | $1.9M | $245K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,364 | +0.010% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,357 | −0.151% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,358.1 | −0.125% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSDshort | +0.0118% | 1h | 4,361.5 | −0.046% | $5.3M | $4.0M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,360 | −0.082% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT