Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.628% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now 0.000%, 7d avg +0.028%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.028% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRT-USDT | 0.02378 | 0.0110 | pay 0.0110% / 8h | 5h 41m | $182K | $228K | 75x |
| Short | Binance GRTUSDT | 0.02378 | 0.0100 | get 0.0100% / 8h | 5h 41m | $3.7M | $8.6M | 75x |
BloFin GRT-USDT
Binance GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$2.12
- Price spread: 0.000% → +0.028%
- −$2.84
- Slippage, 4 orders
- −$40.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.76
- Costs to cover
- 0.628%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 79 min ago; Binance: live order book, 13 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 BloFin live order book, 79 min ago | 4.27 bp | 17.2 bp −$17 | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.11 bp | 16.0 bp −$16 | 46.9 bp −$469 | 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_GRTUSD | −0.1342% | 1h | 0.02390 | +0.506% | $291K | $56K | 20x | as long as short |
| Variational Omni GRT | −0.0122% | 8h | 0.02357 | −0.879% | $107K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02379 | +0.058% | $651 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.770% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02378 | 0.000% | $3.7M | $8.6M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02375 | −0.126% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02378 | 0.000% | $638K | $876K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02379 | +0.042% | $462K | $428K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02378 | 0.000% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02379 | +0.042% | $1.1M | $641K | 50x | as long as short |
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02374 | −0.168% | $2.4M | $688K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02376 | −0.084% | — | $2.4M | — | as long as short |
| BloFin GRT-USDTlong | +0.0110% | 8h | 0.02378 | long leg | $182K | $228K | 75x |
Bitget GRTUSDT
BingX GRT-USDT