Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,398.7 | +0.0050 | pay 0.0050% / 8h | 2h 08m | $17K | $131K | 10x | Long GRVT | |
| SHORT | 1,400.9 | +0.0050 | get 0.0006% / 1h | 8m 20s | $70K | $8K | 5x | Short Kraken Futures |
Price gap+0.158%62s
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$16 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price—spread +0.158%62s now · prices read too far apart to compare
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.158%
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
/8hOPENAI on 26 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Kraken Futures: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $2,000GRVT 10x, Kraken Futures 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long GRVT: 3 payments, −$1.50; short Kraken Futures: 24 payments, +$1.50.
- Watch: Prices read 62 s apart+0.158% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$17K vs $70K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · Kraken Futures YesFull 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 outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.02
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Kraken Futures—
Fee GRVT bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$18.98
price spread not counted: prices read too far apartCosts to cover0.190%Break-even5967.0 days
Slippage: GRVT: live order book, 34 min ago; Kraken Futures: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT1.8611.6 bp−$12doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures—————
Closing costs about the same again.
Kraken Futures: no data.
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