Settings8H · net · $10k
Funding arb · Price arb /

GRT

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0463%/8h= +50.7% APRpaid last 24h +0.638%
Price spread now: Kraken Futures against BloFin+0.005%57s7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,413as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2,44624.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.334%+$33 on $10k
Price spread, last 3 days (all we have)+0.269%+$27 · spread now +0.005%, 7d avg +0.228%
Together, before fees+0.603%+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.223% cheaper against BloFin than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.228%). If the spread goes back, that is −$22 on $10k: about 38 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.334% in total) that is about 4.7 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRT-USDT0.023720.0087pay 0.0087% / 8h7h 06m$178K$232K75x
ShortKraken Futures PF_GRTUSD0.023720.0550get 0.0069% / 1h6m 09s$291K$65K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$97.22
Price spread: +0.005% → +0.228%
−$22.27
Slippage, 4 orders
−$2,423.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$2,370.93
Costs to cover
24.459%
Break-even
177.7 days
Slippage from BloFin: live order book, 59 min ago; Kraken Futures: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 59 min ago2.13 bp22.5 bp −$2237.2 bp −$372doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago37.85 bp53.6 bp −$54doesn't fitdoesn't fitdoesn't fit

GRT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRT−0.0141%8h0.02358−0.609%$113K$85Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02364−0.337%$646150xas long as short
Injective GRT/USDC PERP+0.0033%1h0.02217−6.535%$8K5.5xas long as short
Bybit GRTUSDT+0.0043%8h0.02359−0.548%$2.9M$2.3M75xas long as short
Bitget GRTUSDT+0.0081%8h0.02365−0.295%$2.4M$702K75xas long as short
BloFin GRT-USDTlong+0.0087%8h0.02372long leg$178K$232K75x
Binance GRTUSDT+0.0100%8h0.02361−0.464%$3.6M$8.7M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02359−0.548%$625K$873K20xas long as short
Gate GRT_USDT+0.0100%8h0.02368−0.169%$460K$437K50xas long as short
MEXC GRT_USDT+0.0100%8h0.02360−0.506%$2.0M$1.1M200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GRTUSDTM+0.0100%8h0.02365−0.295%$1.1M$617K50xas long as short
BingX GRT-USDT+0.0100%8h0.02364−0.337%$2.4Mas long as short
Kraken Futures PF_GRTUSDshort+0.0550%1h0.02372+0.005%$291K$65K20x