Funding arb · Price arb /

GRT

all GRT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0165%/8h= +18.0% APRpaid last 24h +0.794%

Price spread now: Kraken Futures against Variational Omni+0.435%7-day average +0.343% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.516%+$52 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.435%, 7d avg +0.343%

Together, before fees+0.390%+ Points / potential airdropVariational Omni: Active · farm board+$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.093% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.343%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRT	0.02304	−0.0122	get 0.0122% / 8h	2h 23m	$112K	$100K	—
Short	Kraken Futures PF_GRTUSD	0.02314	0.0043	get 0.0005% / 1h	23m 14s	$278K	$64K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.435%Rate

Funding earned: $34.58
Price spread: +0.435% → +0.343%: $9.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $33.84
Costs to cover: 0.100%
Break-even: 0.1 days

Slippage unknown: Variational Omni: RFQ quote, 26 min ago; Kraken Futures: live order book, 24 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 26 min ago	10.71 bp	doesn't fit	49.3 bp −$493	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 24 min ago	17.13 bp	41.4 bp −$41	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 GRTlong	−0.0122%	8h	0.02304	long leg	$112K	$100K	—
gTrade (Gains Network) GRT/USD	L +0.0024% / S +0.0001%	1h	0.02312	+0.360%	$632	—	150x	as long as short
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−3.760%	—	$8K	5.5x	as long as short
Kraken Futures PF_GRTUSDshort	+0.0043%	1h	0.02314	+0.435%	$278K	$64K	20x
Binance GRTUSDT	+0.0100%	8h	0.02310	+0.277%	$3.5M	$8.2M	75x	as long as short
Bybit GRTUSDT	+0.0100%	8h	0.02308	+0.190%	$2.8M	$2.1M	75x	as long as short
OKX GRT-USDT-SWAP	+0.0100%	8h	0.02312	+0.364%	$628K	$742K	20x	as long as short
Gate GRT_USDT	+0.0100%	8h	0.02312	+0.364%	$441K	$412K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02308	+0.190%	$1.8M	$1.1M	200x	as long as short
KuCoin GRTUSDTM	+0.0100%	8h	0.02313	+0.407%	$1.1M	$681K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRTUSDT	+0.0100%	8h	0.02311	+0.320%	$2.3M	$657K	75x	as long as short
BingX GRT-USDT	+0.0100%	8h	0.02310	+0.277%	—	$2.5M	—	as long as short
BloFin GRT-USDT	+0.0106%	8h	0.02311	+0.320%	$173K	$220K	75x	as long as short