Funding you earn now, next payment 03:00 UTC−0.1438%/8h= −157.4% APRpaid last 24h +0.696%
Price spread now: Kraken Futures against Binance+0.215%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$877as in the Funding arb table
Net, price: spread back to 7d avg − costs−$916as in the Price arb table
costs, in and out, $10k−$9169.163% of the position
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now +0.215%, 7d avg +0.214%
=The price spread sits at its 7-day average of +0.214%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.390%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.390% in total (about 20.3% a year). A funding rate is set anew for every payment. 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 | Binance GRTUSDT | 0.02392 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $3.7M | $8.5M | 75x |
| Short | Kraken Futures PF_GRTUSD | 0.02397 | −0.1338 | pay 0.0167% / 1h | 13m 58s | $291K | $57K | 20x |
Binance GRTUSDT
Kraken Futures PF_GRTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$301.94
- Price spread: +0.215% → +0.214%
- $0.03
- Slippage, 4 orders
- −$896.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,218.23
- Costs to cover
- 9.163%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Kraken Futures: live order book, 49 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 Binance live order book, 10 min ago | 2.09 bp | 18.7 bp −$19 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 49 min ago | 27.31 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRTUSDshort | −0.1338% | 1h | 0.02397 | +0.215% | $291K | $57K | 20x | |
| Variational Omni GRT | −0.0112% | 8h | 0.02398 | +0.231% | $117K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02396 | +0.167% | $655 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −7.316% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDT | +0.0083% | 8h | 0.02398 | +0.251% | $182K | $230K | 75x | as long as short |
| Binance GRTUSDTlong | +0.0100% | 8h | 0.02392 | long leg | $3.7M | $8.5M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02389 | −0.125% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02391 | −0.042% | $644K | $844K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02394 | +0.084% | $465K | $429K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02393 | +0.042% | $2.0M | $1.2M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02395 | +0.125% | $1.1M | $642K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02396 | +0.167% | $2.4M | $707K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02397 | +0.209% | — | $2.4M | — | as long as short |
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT