Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin+0.255%79s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$600.597% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.255%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.249% dearer against BloFin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 79 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 | 0.02355 | 0.0071 | pay 0.0071% / 8h | 7h 57m | $176K | $234K | 75x |
| Short | MEXC GRT_USDT | 0.02361 | 0.0100 | get 0.0100% / 8h | 7h 57m | $2.0M | $1.1M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $6.18
- Price spread: +0.255% → +0.006%
- $24.89
- Slippage, 4 orders
- −$43.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.59
- Costs to cover
- 0.597%
- Break-even
- 39.4 days
Slippage from BloFin: live order book, 8 min ago; MEXC: live order book, 4 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, 8 min ago | 2.13 bp | 22.5 bp −$22 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.12 bp | 13.0 bp −$13 | 33.3 bp −$333 | 136.0 bp −$13.6K | 224.7 bp −$112.3K |
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 | −0.0122% | 8h | 0.02352 | −0.141% | $112K | $85K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02362 | +0.310% | $646 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.860% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTlong | +0.0071% | 8h | 0.02355 | long leg | $176K | $234K | 75x | |
| Bitget GRTUSDT | +0.0089% | 8h | 0.02359 | +0.170% | $2.4M | $777K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02361 | +0.255% | $3.6M | $8.9M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02360 | +0.212% | $2.9M | $2.4M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02358 | +0.127% | $628K | $895K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02364 | +0.382% | $462K | $426K | 50x | as long as short |
| MEXC GRT_USDTshort | +0.0100% | 8h | 0.02361 | +0.255% | $2.0M | $1.1M | 200x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02361 | +0.255% | $1.1M | $622K | 50x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02359 | +0.170% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0551% | 1h | 0.02366 | +0.483% | $290K | $65K | 20x | as long as short |
BloFin GRT-USDT
MEXC GRT_USDT
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
KuCoin GRTUSDTM
BingX GRT-USDT
Kraken Futures PF_GRTUSD