Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,077.5+0.0607pay 0.0076% / 1h30m 15s$244K$558K20xLong Kraken Futures
SHORT1,078.1+0.0345get 0.0345% / 8h2h 30m$28K$288K10xShort GRVT
Price gap+0.053%62s
Funding gap−0.0262% /8h

Funding costs $8 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$8−0.0262% /8h now · paid −0.081% over the last 7D
Price—spread +0.053%62s now · prices read too far apart to compare
Costs−$430.430% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.081% in total, about −0.0038%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.053%
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

/8h

MU on 41 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size15.1 / 5.7 bp
    At $10k entering Kraken Futures costs 15.1 bp, fee and slippage, 2.6× GRVT’s.
  • Note: Margin at max leverage$500 + $1,000
    Kraken Futures 20x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$7.85Long Kraken Futures: 24 payments, −$18.20; short GRVT: 3 payments, +$10.35.
  • Watch: Prices read 62 s apart+0.053% vs +0.062%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$28K vs $244K OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · GRVT No
    Full 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 out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0038%/8h × 21 periods−$8.05
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.98
Fee Kraken Futures bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$51.03
price spread not counted: prices read too far apart
Costs to cover0.430%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 34 min ago; GRVT: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures4.3915.1 bp−$1536.2 bp−$362doesn’t fitdoesn’t fit
SELL · SHORTGRVT0.755.7 bp−$68.5 bp−$85doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
10-01 02:30MEXCOtherRevenue 🟢 EPS 🟢 Margins 🟢 $MU after the print: still pretty muted. 👀 Already priced in? @MEXC on X ↗
09-30 20:09BackpackOtherJUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗
09-30 19:45Vest MarketsOtherTrade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
09-30 19:45Vest MarketsOther$MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗
09-30 19:11Polymarket PerpsOtherMEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗
09-30 17:30MEXCOther$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗