Settings8H · net · $10k
Funding arb · Price arb /

GRT

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.3519%/8h= −385.3% APRnext payment $4.40 per $10,000 · paid last 24h −0.562%
Price spread now: Injective against Kraken Futures−4.601%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$106 a day on $10k at the current rate, and Injective is 4.601% cheaper against Kraken Futures than usual: you would sell low and buy high (−$460 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRTUSD0.023240.3552pay 0.0444% / 1h29m 19s$289K$70K20x
ShortInjective GRT/USDC PERP0.022170.0033get 0.0004% / 1h29m 19s$8K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$738.93
Price spread: −4.601% → 0.000%
−$460.13
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,209.09
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 58 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 58 min ago52.80 bp3511.5 bp −$3,512doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRT−0.0153%8h0.02317−0.303%$111K$108Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02322−0.083%$635150xas long as short
Injective GRT/USDC PERPshort+0.0033%1h0.02217−4.601%$8K5.5x
Binance GRTUSDT+0.0100%8h0.02322−0.083%$3.6M$9.4M75xas long as short
Bybit GRTUSDT+0.0100%8h0.02319−0.212%$2.8M$2.6M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02320−0.169%$619K$929K20xas long as short
Gate GRT_USDT+0.0100%8h0.02322−0.083%$450K$447K50xas long as short
MEXC GRT_USDT+0.0100%8h0.02322−0.083%$1.8M$1.2M200xas long as short
KuCoin GRTUSDTM+0.0100%8h0.02321−0.126%$1.1M$666K50xas long as short
Bitget GRTUSDT+0.0100%8h0.02321−0.126%$2.3M$929K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRT-USDT+0.0100%8h0.02321−0.126%$2.4Mas long as short
BloFin GRT-USDT+0.0126%8h0.02318−0.255%$178K$230K75xas long as short
Kraken Futures PF_GRTUSDlong+0.3552%1h0.02324long leg$289K$70K20x