GRT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.016%

Price spread now: Bybit against BloFin−0.255%92s7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as 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−$750.746% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 3 days (all we have)+0.241%+$24 · spread now −0.255%, 7d avg −0.061%

Together, before fees+0.335%+$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.194% cheaper against BloFin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.061%. The two prices were read 92 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	0.02352	0.0105	pay 0.0105% / 8h	27m 44s	$176K	$234K	75x
Short	Bybit GRTUSDT	0.02346	0.0100	get 0.0100% / 8h	27m 44s	$2.9M	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee BybitbpOrdersPrice spread, now −0.255%Rate

Funding earned: −$1.03
Price spread: −0.255% → −0.061%: −$19.4
Slippage, 4 orders: −$51.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$95.03
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from BloFin: live order book, 43 min ago; Bybit: 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, 43 min ago	2.14 bp	21.8 bp −$22	39.7 bp −$397	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	4.26 bp	17.1 bp −$17	48.9 bp −$489	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
Variational Omni GRT	−0.0119%	8h	0.02349	−0.139%	$112K	$85K	—	as long as short
gTrade (Gains Network) GRT/USD	L +0.0024% / S +0.0001%	1h	0.02353	+0.024%	$643	—	150x	as long as short
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−5.740%	—	$8K	5.5x	as long as short
Binance GRTUSDT	+0.0100%	8h	0.02349	−0.125%	$3.6M	$9.0M	75x	as long as short
Bybit GRTUSDTshort	+0.0100%	8h	0.02346	−0.255%	$2.9M	$2.4M	75x
OKX GRT-USDT-SWAP	+0.0100%	8h	0.02344	−0.340%	$624K	$902K	20x	as long as short
Gate GRT_USDT	+0.0100%	8h	0.02352	0.000%	$463K	$435K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02349	−0.128%	$2.0M	$1.1M	200x	as long as short
KuCoin GRTUSDTM	+0.0100%	8h	0.02349	−0.128%	$1.1M	$636K	50x	as long as short
Bitget GRTUSDT	+0.0100%	8h	0.02347	−0.213%	$2.4M	$807K	75x	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	0.02348	−0.170%	—	$2.4M	—	as long as short
BloFin GRT-USDTlong	+0.0105%	8h	0.02352	long leg	$176K	$234K	75x
Kraken Futures PF_GRTUSD	+0.1061%	1h	0.02353	+0.042%	$292K	$61K	20x	as long as short