Funding you earn now, next payment 03:00 UTC+0.1445%/8h= +158.3% APRpaid last 24h −0.703%
Price spread now: Bitget against Kraken Futures−0.287%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$959as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9299.291% of the position
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.287%, 7d avg −0.250%
=Funding pays, the price is against you. Bitget is 0.036% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.287% now, against its 7-day average of −0.250%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$43 a day). Mind the row above: over the last 7 days funding on this pair cost −0.300%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRTUSD | 0.02384 | −0.1345 | get 0.0168% / 1h | 42m 03s | $290K | $56K | 20x |
| Short | Bitget GRTUSDT | 0.02377 | 0.0100 | get 0.0100% / 8h | 5h 42m | $2.4M | $688K | 75x |
Kraken Futures PF_GRTUSD
Bitget GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $303.51
- Price spread: −0.287% → −0.250%
- −$3.64
- Slippage, 4 orders
- −$907.1
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$629.23
- Costs to cover
- 9.291%
- Break-even
- 21.5 days
Slippage from Kraken Futures: live order book, 21 min ago; Bitget: 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, 21 min ago | 27.31 bp | 838.3 bp −$838 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.24 bp | 21.7 bp −$22 | 56.4 bp −$564 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRTUSDlong | −0.1345% | 1h | 0.02384 | long leg | $290K | $56K | 20x | |
| Variational Omni GRT | −0.0122% | 8h | 0.02357 | −1.122% | $107K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02383 | −0.018% | $652 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.999% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02379 | −0.210% | $3.7M | $8.6M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02376 | −0.329% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02377 | −0.287% | $638K | $876K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02380 | −0.161% | $462K | $428K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02378 | −0.245% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02380 | −0.161% | $1.1M | $641K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDTshort | +0.0100% | 8h | 0.02377 | −0.287% | $2.4M | $688K | 75x | |
| BingX GRT-USDT | +0.0100% | 8h | 0.02378 | −0.245% | — | $2.4M | — | as long as short |
| BloFin GRT-USDT | +0.0114% | 8h | 0.02367 | −0.706% | $181K | $227K | 75x | as long as short |
BingX GRT-USDT
BloFin GRT-USDT