Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against BloFin+0.128%81s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.128%, 7d avg −0.010%
=The price spread pays, funding is against you. BingX is 0.138% dearer against BloFin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of −0.010%): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 43 days. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRT-USDT | 0.02348 | 0.0111 | pay 0.0111% / 8h | 3m 49s | $175K | $233K | 75x |
| Short | BingX GRT-USDT | 0.02351 | 0.0100 | get 0.0100% / 8h | 3m 49s | — | $2.5M | — |
BloFin GRT-USDT
BingX GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2.25
- Price spread: +0.128% → −0.010%
- $13.81
- Slippage, 4 orders
- −$58.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$68.67
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; BingX: live order book, 5 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, 2 min ago | 2.13 bp | 22.5 bp −$22 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.38 bp | 21.8 bp −$22 | 49.4 bp −$494 | 362.4 bp −$36.2K | 511.0 bp −$255.5K |
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 | −0.0126% | 8h | 0.02347 | −0.035% | $112K | $85K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02355 | +0.302% | $644 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.579% | — | $8K | 5.5x | as long as short |
| Bitget GRTUSDT | +0.0084% | 8h | 0.02350 | +0.085% | $2.4M | $799K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02351 | +0.128% | $3.6M | $9.0M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02350 | +0.085% | $2.9M | $2.4M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02347 | −0.043% | $626K | $897K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02354 | +0.256% | $460K | $439K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02350 | +0.085% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02351 | +0.128% | $1.1M | $631K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bitget GRTUSDT
Binance GRTUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDTshort | +0.0100% | 8h | 0.02351 | +0.128% | — | $2.5M | — | |
| BloFin GRT-USDTlong | +0.0111% | 8h | 0.02348 | long leg | $175K | $233K | 75x | |
| Kraken Futures PF_GRTUSD | +0.1059% | 1h | 0.02357 | +0.384% | $289K | $65K | 20x | as long as short |
Kraken Futures PF_GRTUSD