Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.009421 | +0.0100 | pay 0.0050% / 4h | 2h 10m | $129K | $1.7M | 10x | Long GRVT | |
| SHORT | 0.009398 | −0.0560 | pay 0.0070% / 1h | 10m 10s | $182K | $24K | 20x | Short Kraken Futures |
Price gap−0.251%62s
Funding gap−0.0660% /8h
Both sides work against this direction now: funding costs $20 a day on $10k and the gap is 0.333% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$71−0.0660% /8h now · paid +0.713% over the last 7D
Price—spread −0.251%62s now · prices read too far apart to compare
Costs−$1771.766% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.251%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZK on 18 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size13.2 / 49.0 bpAt $10k entering Kraken Futures costs 49.0 bp, fee and slippage, 3.7× GRVT’s.
- Note: Margin at max leverage$1,000 + $500GRVT 10x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$19.79Long GRVT: 6 payments, −$3.00; short Kraken Futures: 24 payments, −$16.79.
- Watch: Prices read 62 s apart−0.251% vs +0.082%Part of this gap may be the market moving.
- Watch: Long leg is thinner$129K vs $182K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0340%/8h × 21 periods+$71.34
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$157.58
Fee GRVT bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$105.24
price spread not counted: prices read too far apartCosts to cover1.766%Break-even17.3 days
Slippage: GRVT: live order book, 1 min ago; Kraken Futures: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT3.1913.2 bp−$1344.7 bp−$447doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures13.8549.0 bp−$49155.1 bp−$1,551doesn’t fitdoesn’t fit
Closing costs about the same again.
ZK news
posts that mention ZK, from every exchange| 10-29 11:27 | Extended | Listing | Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗ |
| 10-28 17:38 | Extended | Listing | new market ZK-USD ($ZK) seen by our collector |
Extended