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

GRT

all GRT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h −0.611%
Price spread now: MEXC against Kraken Futures−0.203%7-day average −0.223% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,505as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,474as in the Price arb table
costs, in and out, $10k−$2,47624.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.203%, 7d avg −0.223%
Together, before fees−0.344%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.223%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.287% in total (about -15.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRTUSD0.023150.0752pay 0.0094% / 1h27m 24s$288K$61K20x
ShortMEXC GRT_USDT0.023100.0100get 0.0100% / 8h1h 27m$1.9M$1.1M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$136.92
Price spread: −0.203% → −0.223%
$1.98
Slippage, 4 orders
−$2,461.98
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$2,610.92
Costs to cover
24.760%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 55 min ago; MEXC: live order book, 4 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, 55 min ago30.00 bp2399.4 bp −$2,399doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.17 bp12.1 bp −$1234.9 bp −$349125.8 bp −$12.6K243.4 bp −$121.7K

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−0.0101%8h0.02304−0.454%$110K$94Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02311−0.160%$632150xas long as short
Injective GRT/USDC PERP+0.0033%1h0.02217−4.221%$8K5.5xas long as short
Binance GRTUSDT+0.0100%8h0.02309−0.247%$3.5M$9.2M75xas long as short
Bybit GRTUSDT+0.0100%8h0.02306−0.376%$2.8M$2.5M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02307−0.333%$614K$903K20xas long as short
Gate GRT_USDT+0.0100%8h0.02308−0.290%$451K$444K50xas long as short
MEXC GRT_USDTshort+0.0100%8h0.02310−0.203%$1.9M$1.1M200x
KuCoin GRTUSDTM+0.0100%8h0.02308−0.290%$1.0M$662K50xas long as short
Bitget GRTUSDT+0.0100%8h0.02307−0.333%$2.3M$903K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRT-USDT+0.0100%8h0.02309−0.247%$2.4Mas long as short
BloFin GRT-USDT+0.0119%8h0.02305−0.419%$176K$228K75xas long as short
Kraken Futures PF_GRTUSDlong+0.0752%1h0.02315long leg$288K$61K20x