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

GRT

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h −0.611%
Price spread now: KuCoin against Kraken Futures−0.158%52s7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,521as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2,48824.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.331%−$33 on $10k
Price spread, last 3 days (all we have)−0.124%−$12 · spread now −0.158%, 7d avg −0.210%
Together, before fees−0.455%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.052% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.158% now, against its 7-day average of −0.210%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.331% in total) that is about 27 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRTUSD0.023670.0551pay 0.0069% / 1h54m 27s$290K$65K20x
ShortKuCoin GRTUSDTM0.023630.0100get 0.0100% / 8h7h 54m$1.1M$619K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$94.77
Price spread: −0.158% → −0.210%
$5.22
Slippage, 4 orders
−$2,465.63
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,577.18
Costs to cover
24.876%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 18 min ago; KuCoin: live order book, 10 min ago.

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, 18 min ago19.10 bp2341.0 bp −$2,341doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago6.38 bp47.0 bp −$47148.8 bp −$1,488doesn't fitdoesn't fit

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
Bybit GRTUSDT−0.0248%8h0.02359−0.327%$2.9M$2.4M75xas long as short
Variational Omni GRT−0.0112%8h0.02366−0.045%$113K$85Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02365−0.091%$646150xas long as short
Injective GRT/USDC PERP+0.0033%1h0.02217−6.327%$8K5.5xas long as short
Gate GRT_USDT+0.0063%8h0.02365−0.074%$462K$426K50xas long as short
BloFin GRT-USDT+0.0085%8h0.02366−0.031%$177K$235K75xas long as short
Bitget GRTUSDT+0.0086%8h0.02360−0.285%$2.4M$779K75xas long as short
Binance GRTUSDT+0.0100%8h0.02362−0.184%$3.6M$8.9M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02357−0.412%$628K$890K20xas long as short
MEXC GRT_USDT+0.0100%8h0.02362−0.200%$1.9M$1.1M200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GRTUSDTMshort+0.0100%8h0.02363−0.158%$1.1M$619K50x
BingX GRT-USDT+0.0100%8h0.02360−0.285%$2.4Mas long as short
Kraken Futures PF_GRTUSDlong+0.0551%1h0.02367long leg$290K$65K20x