Funding you earn now, next payment 08:00 UTC−0.0589%/8h= −64.5% APRnext payment −$5.89 per $10,000 · paid last 24h −0.278%
Price spread now: Bitget against GRVT+0.123%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2852.846% of the position
Funding, last 7 days−0.330%−$33 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.123%, 7d avg +0.033%
=Together, before fees−0.392%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.090% dearer against GRVT than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.033%): +$9 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.330% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.330% in total (about -17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.89 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 | 24.724 | 0.0589 | pay 0.0589% / 8h | 4h 50m | $625 | $113K | 10x |
| Short | Bitget KSTRUSDT | 24.754 | 0 | get 0.0000% / 8h | 4h 50m | $513K | $281K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$123.69
- Price spread: +0.123% → +0.033%
- $8.98
- Slippage, 4 orders
- −$263.57
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$399.28
- Costs to cover
- 2.846%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Bitget: live order book, just now.
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, 2 min ago | 6.07 bp | 116.2 bp −$116 | 161.8 bp −$1,618 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 7.27 bp | 71.0 bp −$71 | 145.4 bp −$1,454 | 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 | 24.695 | −0.114% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.770 | +0.188% | $365K | $353K | 20x | as long as short |
| Bitget KSTRUSDTshort | 0.0000% | 8h | 24.754 | +0.123% | $513K | $281K | 20x | |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.740 | +0.066% | $1.5M | $129K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.710 | −0.055% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDT | +0.0150% | 8h | 24.720 | −0.015% | $361K | $416K | 25x | as long as short |
| tradeXYZ xyz:KSTR | +0.0159% | 1h | 24.705 | −0.075% | $18K | $4K | 10x | as long as short |
| GRVT KSTR_USDT_Perplong | +0.0589% | 8h | 24.724 | long leg | $625 | $113K | 10x | |
| KuCoin KSTRUSDTM | +0.0837% | 8h | 24.710 | −0.055% | $27K | $157K | 20x | as long as short |
| Variational Omni KSTR | +0.1824% | 8h | 24.716 | −0.032% | $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 KSTRUSDT | +0.1909% | 8h | 24.723 | −0.004% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.1929% | 8h | 24.720 | −0.015% | $436K | $80K | 50x | as long as short |
GRVT KSTR_USDT_Perp
Bitget KSTRUSDT
Aster KSTRUSDT
Gate KSTR_USDT
Phemex KSTRUSDT
HTX KSTR-USDT
Bybit KSTRUSDT
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
Variational Omni KSTR
Binance KSTRUSDT
MEXC KSTR_USDT