Funding you earn now, next payment 08:00 UTC+0.0963%/8h= +105.4% APRnext payment +$9.63 per $10,000 · paid last 24h −0.014%
Price spread now: Binance against GRVT−0.055%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.334% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.055%, 7d avg −0.031%
=Together, before fees−0.235%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.025% cheaper against GRVT than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.031%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.174% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.63 per $10,000. 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 | GRVT KSTR_USDT_Perp | 24.540 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $241 | $113K | 10x |
| Short | Binance KSTRUSDT | 24.527 | 0.1063 | get 0.1063% / 8h | 3h 31m | $1.8M | $1.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $202.17
- Price spread: −0.055% → −0.031%
- −$2.49
- Slippage, 4 orders
- −$114.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $66.3
- Costs to cover
- 1.334%
- Break-even
- 4.7 days
Slippage from GRVT: live order book, 16 min ago; Binance: live order book, 2 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, 16 min ago | 10.19 bp | 66.3 bp −$66 | 211.4 bp −$2,114 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.04 bp | 13.6 bp −$14 | 91.9 bp −$919 | 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 | 24.546 | +0.023% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.540 | −0.001% | $363K | $423K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.570 | +0.121% | $362K | $361K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.583 | +0.174% | $520K | $292K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.520 | −0.082% | $1.5M | $131K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0050% | 1h | 24.602 | +0.252% | $19K | $5K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0100% | 8h | 24.540 | −0.001% | $27K | $157K | 20x | as long as short |
| GRVT KSTR_USDT_Perplong | +0.0100% | 8h | 24.540 | long leg | $241 | $113K | 10x | |
| HTX KSTR-USDT | +0.0100% | 8h | 24.450 | −0.368% | $8K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.1018% | 8h | 24.521 | −0.080% | $98K | $8K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDTshort | +0.1063% | 8h | 24.527 | −0.055% | $1.8M | $1.7M | 25x | |
| MEXC KSTR_USDT | +0.1067% | 8h | 24.550 | +0.040% | $433K | $81K | 50x | as long as short |
GRVT KSTR_USDT_Perp
Binance KSTRUSDT
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
HTX KSTR-USDT
Variational Omni KSTR
MEXC KSTR_USDT