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 − costs—prices read too far apart to compare
costs, in and out, $10k−$2,44624.459% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRT-USDT | 0.02372 | 0.0087 | pay 0.0087% / 8h | 7h 06m | $178K | $232K | 75x |
| Short | Kraken Futures PF_GRTUSD | 0.02372 | 0.0550 | get 0.0069% / 1h | 6m 09s | $291K | $65K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 59 min ago | 2.13 bp | 22.5 bp −$22 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 37.85 bp | 53.6 bp −$54 | doesn't fit | 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 | −0.0141% | 8h | 0.02358 | −0.609% | $113K | $85K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02364 | −0.337% | $646 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.535% | — | $8K | 5.5x | as long as short |
| Bybit GRTUSDT | +0.0043% | 8h | 0.02359 | −0.548% | $2.9M | $2.3M | 75x | as long as short |
| Bitget GRTUSDT | +0.0081% | 8h | 0.02365 | −0.295% | $2.4M | $702K | 75x | as long as short |
| BloFin GRT-USDTlong | +0.0087% | 8h | 0.02372 | long leg | $178K | $232K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02361 | −0.464% | $3.6M | $8.7M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02359 | −0.548% | $625K | $873K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02368 | −0.169% | $460K | $437K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02360 | −0.506% | $2.0M | $1.1M | 200x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02365 | −0.295% | $1.1M | $617K | 50x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02364 | −0.337% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSDshort | +0.0550% | 1h | 0.02372 | +0.005% | $291K | $65K | 20x |
BloFin GRT-USDT
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bybit GRTUSDT
Bitget GRTUSDT
Binance GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
BingX GRT-USDT