Funding arb · Price arb /

GRT

all GRT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Binance+0.203%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.203% dearer against Binance than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRTUSDT	0.02352	0.0100	pay 0.0100% / 8h	7h 39m	$3.6M	$8.8M	75x
Short	gTrade (Gains Network) GRT/USD	0.02357	L +0.0024% / S +0.0001%	pay 0.0000% / 1h	39m 05s	$644	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.203%Rate

Funding earned: −$21.12
Price spread: +0.203% → 0.000%: $20.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$20.79
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 15 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 Binance live order book, 15 min ago	2.12 bp	14.2 bp −$14	49.0 bp −$490	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRT on 13 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
Variational Omni GRT	−0.0143%	8h	0.02351	−0.037%	$112K	$85K	—	as long as short
Bybit GRTUSDT	−0.0108%	8h	0.02351	−0.043%	$2.9M	$2.4M	75x	as long as short
gTrade (Gains Network) GRT/USDshort	L +0.0024% / S +0.0001%	1h	0.02357	+0.203%	$644	—	150x
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−5.740%	—	$8K	5.5x	as long as short
Bitget GRTUSDT	+0.0063%	8h	0.02349	−0.128%	$2.4M	$758K	75x	as long as short
Binance GRTUSDTlong	+0.0100%	8h	0.02352	long leg	$3.6M	$8.8M	75x
OKX GRT-USDT-SWAP	+0.0100%	8h	0.02349	−0.128%	$624K	$879K	20x	as long as short
Gate GRT_USDT	+0.0100%	8h	0.02355	+0.128%	$460K	$432K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02352	0.000%	$1.9M	$1.1M	200x	as long as short
KuCoin GRTUSDTM	+0.0100%	8h	0.02356	+0.170%	$1.1M	$623K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRT-USDT	+0.0100%	8h	0.02352	0.000%	—	$2.4M	—	as long as short
BloFin GRT-USDT	+0.0106%	8h	0.02354	+0.085%	$177K	$235K	75x	as long as short
Kraken Futures PF_GRTUSD	+0.0551%	1h	0.02370	+0.765%	$290K	$65K	20x	as long as short