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

GRT

all GRT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GRT-USDT-SWAP0.023650.0100pay 0.0100% / 8h4h 28m$643K$790K20x
ShortBybit GRTUSDT0.023620.0086get 0.0086% / 8h4h 28m$2.9M$2.2M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 28 min ago4.20 bp33.5 bp −$338792.8 bp −$87.9Kdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.24 bp22.7 bp −$2350.2 bp −$502doesn'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−0.0147%8h0.02361−0.187%$115K$100Kas long as short
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02369+0.186%$648150xas long as short
Injective GRT/USDC PERP+0.0033%1h0.02217−6.258%$8K5.5xas long as short
Bybit GRTUSDTshort+0.0086%8h0.02362−0.127%$2.9M$2.2M75x
Binance GRTUSDT+0.0100%8h0.02363−0.080%$3.6M$8.4M75xas long as short
OKX GRT-USDT-SWAPlong+0.0100%8h0.02365long leg$643K$790K20x
Gate GRT_USDT+0.0100%8h0.02369+0.169%$459K$421K50xas long as short
MEXC GRT_USDT+0.0100%8h0.02366+0.042%$1.9M$1.1M200xas long as short
KuCoin GRTUSDTM+0.0100%8h0.02368+0.127%$1.1M$674K50xas long as short
Bitget GRTUSDT+0.0100%8h0.02367+0.085%$2.4M$695K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRT-USDT+0.0100%8h0.02369+0.169%$2.4Mas long as short
Kraken Futures PF_GRTUSD+0.0113%1h0.02371+0.249%$290K$62K20xas long as short
BloFin GRT-USDT+0.0117%8h0.02367+0.085%$181K$225K75xas long as short