Funding you earn now, next payment 16:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit−0.546%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)+0.943%+$94 · spread now −0.546%, 7d avg +0.062%
=Funding pays, the price is against you. BloFin is 0.608% cheaper against Bybit than usual: you would sell low and buy high (spread −0.546% now, against its 7-day average of +0.062%). If the spread goes back, that is −$61 on $10k: about 41 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRTUSDT | 0.02383 | 0.0076 | pay 0.0076% / 8h | 7h 22m | $2.9M | $2.2M | 75x |
| Short | BloFin GRT-USDT | 0.02370 | 0.0125 | get 0.0125% / 8h | 7h 22m | $173K | $135K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $10.44
- Price spread: −0.546% → +0.062%
- −$60.78
- Slippage, 4 orders
- −$46.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$120.14
- Costs to cover
- 0.698%
- Break-even
- 87.5 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 42 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 Bybit live order book, 5 min ago | 4.24 bp | 22.1 bp −$22 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.13 bp | 13.2 bp −$13 | 37.4 bp −$374 | 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 | −0.0020% | 8h | 0.02356 | −1.152% | $89K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02381 | −0.067% | $651 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.966% | — | $8K | 5.5x | as long as short |
| Bybit GRTUSDTlong | +0.0076% | 8h | 0.02383 | long leg | $2.9M | $2.2M | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02385 | +0.084% | $3.6M | $8.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02385 | +0.084% | $647K | $760K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02382 | −0.042% | $450K | $367K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02384 | +0.042% | $1.7M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02381 | −0.084% | $1.1M | $709K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02384 | +0.042% | $2.4M | $667K | 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 | 0.02383 | 0.000% | — | $2.5M | — | as long as short |
| BloFin GRT-USDTshort | +0.0125% | 8h | 0.02370 | −0.546% | $173K | $135K | 75x | |
| Kraken Futures PF_GRTUSD | +0.0400% | 1h | 0.02386 | +0.109% | $281K | $68K | 20x | as long as short |
Bybit GRTUSDT
BloFin GRT-USDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
Kraken Futures PF_GRTUSD