Funding you earn now, next payment 06:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h −0.725%
Price spread now: Binance against Kraken Futures−0.063%7-day average −0.208% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,316as in the Price arb table
costs, in and out, $10k−$1,33013.303% of the position
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now −0.063%, 7d avg −0.208%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.145% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.208%. Mind the row above: over the last 7 days funding on this pair cost −0.404%, 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 | Kraken Futures PF_GRTUSD | 0.02326 | 0.0042 | pay 0.0005% / 1h | 19m 31s | $280K | $64K | 20x |
| Short | Binance GRTUSDT | 0.02325 | 0.0100 | get 0.0100% / 8h | 2h 19m | $3.5M | $8.2M | 75x |
Kraken Futures PF_GRTUSD
Binance GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $12.08
- Price spread: −0.063% → −0.208%
- $14.49
- Slippage, 4 orders
- −$1,310.31
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,303.75
- Costs to cover
- 13.303%
- Break-even
- 762.7 days
Slippage from Kraken Futures: live order book, 28 min ago; Binance: live order book, 5 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 Kraken Futures live order book, 28 min ago | 17.13 bp | 1251.5 bp −$1,252 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.16 bp | 19.6 bp −$20 | 48.4 bp −$484 | 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 | −0.0118% | 8h | 0.02319 | −0.338% | $113K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02324 | −0.089% | $635 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.705% | — | $8K | 5.5x | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0042% | 1h | 0.02326 | long leg | $280K | $64K | 20x | |
| BloFin GRT-USDT | +0.0100% | 8h | 0.02314 | −0.536% | $173K | $221K | 75x | as long as short |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02325 | −0.063% | $3.5M | $8.2M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02322 | −0.192% | $2.8M | $2.1M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02325 | −0.063% | $632K | $746K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02324 | −0.106% | $444K | $414K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02324 | −0.106% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
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 | 0.02325 | −0.063% | $1.1M | $681K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02323 | −0.149% | $2.4M | $658K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02325 | −0.063% | — | $2.5M | — | as long as short |
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT