Funding you earn now, next payment 23:00 UTC−0.0633%/8h= −69.4% APRpaid last 24h −0.614%
Price spread now: BloFin against Kraken Futures−0.343%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,519as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,501as in the Price arb table
costs, in and out, $10k−$2,48924.892% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.343%, 7d avg −0.227%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BloFin is 0.116% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.227%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.295% in total (about -15.4% 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 | 0.02313 | 0.0753 | pay 0.0094% / 1h | 28m 36s | $287K | $61K | 20x |
| Short | BloFin GRT-USDT | 0.02305 | 0.0119 | get 0.0119% / 8h | 1h 28m | $176K | $228K | 75x |
Kraken Futures PF_GRTUSD
BloFin GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$133
- Price spread: −0.343% → −0.227%
- −$11.63
- Slippage, 4 orders
- −$2,467.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2,633.85
- Costs to cover
- 24.892%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; BloFin: live order book, 47 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, 54 min ago | 30.00 bp | 2399.4 bp −$2,399 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 6.48 bp | 19.7 bp −$20 | 37.8 bp −$378 | 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 | −0.0101% | 8h | 0.02304 | −0.377% | $110K | $94K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02310 | −0.109% | $632 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.148% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02309 | −0.170% | $3.5M | $9.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02307 | −0.256% | $2.8M | $2.5M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02307 | −0.256% | $614K | $902K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02308 | −0.213% | $451K | $444K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02309 | −0.170% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02307 | −0.256% | $1.0M | $662K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02309 | −0.170% | $2.3M | $903K | 75x | 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 GRTUSDTM
Bitget GRTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02309 | −0.170% | — | $2.4M | — | as long as short |
| BloFin GRT-USDTshort | +0.0119% | 8h | 0.02305 | −0.343% | $176K | $228K | 75x | |
| Kraken Futures PF_GRTUSDlong | +0.0753% | 1h | 0.02313 | long leg | $287K | $61K | 20x |
BingX GRT-USDT