Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.2% APRnext payment +$0.65 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.211%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1231.235% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.211%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.187% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.095%, 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 | 0.02372 | 0.0035 | pay 0.0035% / 8h | 4h 50m | $2.9M | $2.2M | 75x |
| Short | OKX GRT-USDT-SWAP | 0.02377 | 0.0100 | get 0.0100% / 8h | 4h 50m | $646K | $806K | 20x |
Bybit GRTUSDT
OKX GRT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.72
- Price spread: +0.211% → +0.024%
- $18.66
- Slippage, 4 orders
- −$102.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.08
- Costs to cover
- 1.235%
- Break-even
- 53.5 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 6 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, 2 min ago | 6.32 bp | 20.6 bp −$21 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 4.20 bp | 47.9 bp −$48 | 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 | −0.0155% | 8h | 0.02375 | +0.109% | $116K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02380 | +0.341% | $651 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.535% | — | $8K | 5.5x | as long as short |
| Bybit GRTUSDTlong | +0.0035% | 8h | 0.02372 | long leg | $2.9M | $2.2M | 75x | |
| BloFin GRT-USDT | +0.0072% | 8h | 0.02382 | +0.422% | $182K | $227K | 75x | as long as short |
| Bitget GRTUSDT | +0.0096% | 8h | 0.02374 | +0.084% | $2.4M | $691K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02376 | +0.169% | $3.7M | $8.4M | 75x | as long as short |
| OKX GRT-USDT-SWAPshort | +0.0100% | 8h | 0.02377 | +0.211% | $646K | $806K | 20x | |
| Gate GRT_USDT | +0.0100% | 8h | 0.02380 | +0.337% | $460K | $416K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02379 | +0.295% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Bitget GRTUSDT
Binance GRTUSDT
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02378 | +0.253% | $1.1M | $665K | 50x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02381 | +0.379% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0112% | 1h | 0.02382 | +0.434% | $291K | $60K | 20x | as long as short |
KuCoin GRTUSDTM
BingX GRT-USDT
Kraken Futures PF_GRTUSD