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

GRT

all GRT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.638%
Price spread now: Kraken Futures against KuCoin+0.378%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,487as in the Price arb table
costs, in and out, $10k−$2,50425.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.350%+$35 on $10k
Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.378%, 7d avg +0.210%
Together, before fees+0.249%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.168% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.210%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRTUSDTM0.023540.0100pay 0.0100% / 8h7h 31m$1.1M$618K50x
ShortKraken Futures PF_GRTUSD0.023630.0552get 0.0069% / 1h31m 48s$289K$65K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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
$94.96
Price spread: +0.378% → +0.210%
$16.77
Slippage, 4 orders
−$2,481.85
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$2,392.12
Costs to cover
25.039%
Break-even
183.3 days
Slippage from KuCoin: live order book, 3 min ago; Kraken Futures: live order book, 41 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 KuCoin live order book, 3 min ago10.63 bp68.1 bp −$68188.1 bp −$1,881doesn't fitdoesn't fit
Sell Kraken Futures live order book, 41 min ago19.10 bp41.0 bp −$41doesn't fitdoesn'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
Variational Omni GRT−0.0143%8h0.02351−0.122%$113K$85Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02357+0.108%$644150xas long as short
Injective GRT/USDC PERP+0.0033%1h0.02217−5.820%$8K5.5xas long as short
Bitget GRTUSDT+0.0059%8h0.02351−0.127%$2.4M$722K75xas long as short
Bybit GRTUSDT+0.0096%8h0.02352−0.085%$2.9M$2.3M75xas long as short
Binance GRTUSDT+0.0100%8h0.02355+0.042%$3.6M$8.7M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02351−0.127%$624K$875K20xas long as short
Gate GRT_USDT+0.0100%8h0.02355+0.042%$460K$432K50xas long as short
MEXC GRT_USDT+0.0100%8h0.023540.000%$1.9M$1.1M200xas long as short
KuCoin GRTUSDTMlong+0.0100%8h0.02354long leg$1.1M$618K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRT-USDT+0.0100%8h0.02352−0.085%$2.4Mas long as short
BloFin GRT-USDT+0.0119%8h0.02356+0.085%$177K$233K75xas long as short
Kraken Futures PF_GRTUSDshort+0.0552%1h0.02363+0.378%$289K$65K20x