Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.127%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.127%, 7d avg −0.024%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.103% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRT-USDT-SWAP | 0.02365 | 0.0100 | pay 0.0100% / 8h | 4h 28m | $643K | $790K | 20x |
| Short | Bybit GRTUSDT | 0.02362 | 0.0086 | get 0.0086% / 8h | 4h 28m | $2.9M | $2.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$2.96
- Price spread: −0.127% → −0.024%
- −$10.26
- Slippage, 4 orders
- −$107.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$141.47
- Costs to cover
- 1.282%
- Break-even
- never at this rate
Slippage from OKX: live order book, 28 min ago; Bybit: live order book, 4 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 OKX live order book, 28 min ago | 4.20 bp | 33.5 bp −$33 | 8792.8 bp −$87.9K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.24 bp | 22.7 bp −$23 | 50.2 bp −$502 | 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 | −0.0147% | 8h | 0.02361 | −0.187% | $115K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02369 | +0.186% | $648 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.258% | — | $8K | 5.5x | as long as short |
| Bybit GRTUSDTshort | +0.0086% | 8h | 0.02362 | −0.127% | $2.9M | $2.2M | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02363 | −0.080% | $3.6M | $8.4M | 75x | as long as short |
| OKX GRT-USDT-SWAPlong | +0.0100% | 8h | 0.02365 | long leg | $643K | $790K | 20x | |
| Gate GRT_USDT | +0.0100% | 8h | 0.02369 | +0.169% | $459K | $421K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02366 | +0.042% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02368 | +0.127% | $1.1M | $674K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02367 | +0.085% | $2.4M | $695K | 75x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02369 | +0.169% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0113% | 1h | 0.02371 | +0.249% | $290K | $62K | 20x | as long as short |
| BloFin GRT-USDT | +0.0117% | 8h | 0.02367 | +0.085% | $181K | $225K | 75x | as long as short |
OKX GRT-USDT-SWAP
Bybit GRTUSDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
Kraken Futures PF_GRTUSD
BloFin GRT-USDT