Funding you earn now, next payment 09:00 UTC−0.0303%/8h= −33.2% APRpaid last 24h −0.693%
Price spread now: OKX against Kraken Futures−0.315%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,643as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,611as in the Price arb table
costs, in and out, $10k−$2,60526.051% of the position
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now −0.315%, 7d avg −0.259%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.056% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.259%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRTUSD | 0.02369 | 0.0403 | pay 0.0050% / 1h | 46m 57s | $280K | $68K | 20x |
| Short | OKX GRT-USDT-SWAP | 0.02362 | 0.0100 | get 0.0100% / 8h | 7h 46m | $641K | $758K | 20x |
Kraken Futures PF_GRTUSD
OKX GRT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$63.61
- Price spread: −0.315% → −0.259%
- −$5.59
- Slippage, 4 orders
- −$2,585.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$2,674.29
- Costs to cover
- 26.051%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 51 min ago; OKX: live order book, 49 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, 51 min ago | 25.71 bp | 2463.4 bp −$2,463 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 49 min ago | 4.30 bp | 42.9 bp −$43 | doesn't fit | 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 | +0.0012% | 8h | 0.02345 | −1.048% | $88K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02369 | 0.000% | $648 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.434% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02365 | −0.207% | $3.5M | $8.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02362 | −0.315% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAPshort | +0.0100% | 8h | 0.02362 | −0.315% | $641K | $758K | 20x | |
| Gate GRT_USDT | +0.0100% | 8h | 0.02369 | −0.019% | $447K | $365K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02365 | −0.188% | $1.8M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02367 | −0.104% | $1.1M | $707K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02366 | −0.146% | $2.4M | $667K | 75x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
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 | 0.02366 | −0.146% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0113% | 8h | 0.02368 | −0.061% | $172K | $136K | 75x | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0403% | 1h | 0.02369 | long leg | $280K | $68K | 20x |
BingX GRT-USDT
BloFin GRT-USDT