Funding you earn now, next payment 00:00 UTC−0.1173%/8h= −128.4% APRnext payment −$11.73 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against GRVT−0.030%80s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as 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−$1551.545% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now −0.030%, 7d avg −0.080%
=Together, before fees−0.425%+ Points / potential airdropGRVT: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.050% dearer against GRVT than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.080%): +$5 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.307% in total) that is about 27 hours. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.307% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.73 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 | 24.767 | 0.2342 | pay 0.2342% / 8h | 1h 10m | $2 | $116K | 10x |
| Short | Bybit KSTRUSDT | 24.760 | 0.1169 | get 0.1169% / 8h | 1h 10m | $287K | $353K | 25x |
GRVT KSTR_USDT_Perp
Bybit KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$246.33
- Price spread: −0.030% → −0.080%
- $5
- Slippage, 4 orders
- −$134.51
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$395.85
- Costs to cover
- 1.545%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Bybit: live order book, 64 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, 6 min ago | 6.05 bp | 34.7 bp −$35 | 97.5 bp −$975 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 4.04 bp | 47.1 bp −$47 | 204.8 bp −$2,048 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate KSTR_USDT | 0.0000% | 8h | 24.800 | +0.132% | $365K | $407K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.775 | +0.031% | $490K | $164K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.750 | −0.070% | $1.5M | $103K | 10x | as long as short |
| Aster KSTRUSDT | +0.0041% | 8h | 24.623 | −0.582% | $6K | $8K | 20x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.750 | −0.070% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTshort | +0.1169% | 8h | 24.760 | −0.030% | $287K | $353K | 25x | |
| KuCoin KSTRUSDTM | +0.1173% | 8h | 24.790 | +0.092% | $27K | $163K | 20x | as long as short |
| tradeXYZ xyz:KSTR | +0.1730% | 1h | 24.671 | −0.389% | $18K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.1828% | 8h | 24.767 | −0.003% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDT | +0.1952% | 8h | 24.730 | −0.151% | $439K | $81K | 50x | as long as short |
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
Aster KSTRUSDT
HTX KSTR-USDT
KuCoin KSTRUSDTM
tradeXYZ xyz:KSTR
Variational Omni KSTR
MEXC KSTR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1973% | 8h | 24.760 | −0.030% | $1.5M | $1.3M | 25x | as long as short |
| GRVT KSTR_USDT_Perplong | +0.2342% | 8h | 24.767 | long leg | $2 | $116K | 10x |
Binance KSTRUSDT