Funding you earn now, next payment 02:00 UTC+0.2749%/8h= +301.0% APRpaid last 24h +0.663%
Price spread now: Kraken Futures against Bitget+0.204%7-day average +0.249% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,463as in the Price arb table
costs, in and out, $10k−$2,45824.583% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.204%, 7d avg +0.249%
=Funding pays, the price is against you. Kraken Futures is 0.045% cheaper against Bitget than usual: you would sell low and buy high (spread +0.204% now, against its 7-day average of +0.249%). If the spread goes back, that is −$5 on $10k: about 1 hour of funding at the current rate (+$82 a day). At the pace of the last 7 days (+0.252% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.252% in total (about 13.2% 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 | Bitget GRTUSDT | 0.02379 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $2.4M | $697K | 75x |
| Short | Kraken Futures PF_GRTUSD | 0.02384 | 0.2849 | get 0.0356% / 1h | 5m 00s | $292K | $55K | 20x |
Bitget GRTUSDT
Kraken Futures PF_GRTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $577.27
- Price spread: +0.204% → +0.249%
- −$4.53
- Slippage, 4 orders
- −$2,436.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,885.52
- Costs to cover
- 24.583%
- Break-even
- 29.9 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 63 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 Bitget live order book, 2 min ago | 4.20 bp | 31.5 bp −$31 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 37.85 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
GRT 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRT | −0.0122% | 8h | 0.02381 | +0.088% | $108K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02384 | +0.229% | $652 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.810% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02381 | +0.094% | $3.7M | $8.7M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02379 | 0.000% | $2.9M | $2.3M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02381 | +0.084% | $639K | $896K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02383 | +0.168% | $463K | $435K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02383 | +0.168% | $1.9M | $1.2M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02383 | +0.168% | $1.1M | $655K | 50x | as long as short |
| Bitget GRTUSDTlong | +0.0100% | 8h | 0.02379 | long leg | $2.4M | $697K | 75x |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02381 | +0.084% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSDshort | +0.2849% | 1h | 0.02384 | +0.204% | $292K | $55K | 20x |
BingX GRT-USDT