Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$2.08 per $10,000 · paid last 24h +0.185%
Price spread now: GRVT against Bybit−0.040%60s7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as 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−$2202.198% of the position
Funding, last 7 days+0.495%+$49 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.040%, 7d avg +0.079%
=Together, before fees+0.602%+ Points / potential airdropGRVT: Active · farm board+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.120% cheaper against Bybit than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.079%). If the spread goes back, that is −$12 on $10k: about 46 hours of funding at the current rate (+$6 a day). The two prices were read 60 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 | Bybit KSTRUSDT | 24.770 | 0.0177 | pay 0.0177% / 8h | 5h 36m | $375K | $412K | 25x |
| Short | GRVT KSTR_USDT_Perp | 24.760 | 0.0385 | get 0.0385% / 8h | 5h 36m | $512 | $115K | 10x |
Bybit KSTRUSDT
GRVT KSTR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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
- $43.65
- Price spread: −0.040% → +0.079%
- −$11.97
- Slippage, 4 orders
- −$199.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$188.12
- Costs to cover
- 2.198%
- Break-even
- 37.2 days
Slippage from Bybit: live order book, 18 min ago; GRVT: live order book, 21 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 Bybit live order book, 18 min ago | 10.04 bp | 24.4 bp −$24 | 194.6 bp −$1,946 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 10.04 bp | 46.9 bp −$47 | 183.8 bp −$1,838 | doesn't fit | doesn't fit |
KSTR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster KSTRUSDT | 0.0000% | 8h | 24.699 | −0.287% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.810 | +0.161% | $364K | $358K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.797 | +0.109% | $513K | $288K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.780 | +0.040% | $1.5M | $135K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0050% | 1h | 24.757 | −0.052% | $18K | $4K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.730 | −0.161% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTlong | +0.0177% | 8h | 24.770 | long leg | $375K | $412K | 25x | |
| GRVT KSTR_USDT_Perpshort | +0.0385% | 8h | 24.760 | −0.040% | $512 | $115K | 10x | |
| KuCoin KSTRUSDTM | +0.1148% | 8h | 24.770 | 0.000% | $27K | $156K | 20x | as long as short |
| Variational Omni KSTR | +0.2076% | 8h | 24.745 | −0.100% | $98K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
KuCoin KSTRUSDTM
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2145% | 8h | 24.780 | +0.040% | $1.8M | $1.8M | 25x | as long as short |
| MEXC KSTR_USDT | +0.2148% | 8h | 24.790 | +0.081% | $437K | $81K | 50x | as long as short |
Binance KSTRUSDT
MEXC KSTR_USDT