Funding arb · Price arb /

GRT

all GRT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against BingX+0.147%7-day average — · you sell dearer than you buy

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

Long on BingX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.147% dearer against BingX than usual: you sell high and buy low (spread +0.147% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRT-USDT	0.02314	0.0100	pay 0.0100% / 8h	1h 02m	—	$2.5M	—
Short	gTrade (Gains Network) GRT/USD	0.02317	L +0.0024% / S +0.0001%	pay 0.0000% / 1h	2m 06s	$634	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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 BingXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.147%Rate

Funding earned: −$21.12
Price spread: +0.147% → 0.000%: $14.69
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$26.42
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. 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 BingX live order book, 2 min ago	6.47 bp	20.4 bp −$20	50.2 bp −$502	424.9 bp −$42.5K	539.0 bp −$269.5K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0055%	8h	0.02324	+0.436%	$88K	$125K	—	as long as short
gTrade (Gains Network) GRT/USDshort	L +0.0024% / S +0.0001%	1h	0.02317	+0.147%	$634	—	150x
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−4.192%	—	$8K	5.5x	as long as short
Binance GRTUSDT	+0.0100%	8h	0.02316	+0.086%	$3.5M	$8.2M	75x	as long as short
Bybit GRTUSDT	+0.0100%	8h	0.02316	+0.086%	$2.8M	$2.2M	75x	as long as short
OKX GRT-USDT-SWAP	+0.0100%	8h	0.02317	+0.130%	$630K	$747K	20x	as long as short
Gate GRT_USDT	+0.0100%	8h	0.02318	+0.173%	$439K	$425K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02315	+0.043%	$1.8M	$1.1M	200x	as long as short
KuCoin GRTUSDTM	+0.0100%	8h	0.02317	+0.130%	$1.0M	$689K	50x	as long as short
Bitget GRTUSDT	+0.0100%	8h	0.02317	+0.130%	$2.3M	$656K	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-USDTlong	+0.0100%	8h	0.02314	long leg	—	$2.5M	—
BloFin GRT-USDT	+0.0126%	8h	0.02320	+0.259%	$170K	$189K	75x	as long as short
Kraken Futures PF_GRTUSD	+0.0589%	1h	0.02319	+0.209%	$274K	$67K	20x	as long as short