Funding you earn now, next payment 23:00 UTC+0.0643%/8h= +70.4% APRpaid last 24h +0.597%
Price spread now: Kraken Futures against BingX+0.310%7-day average +0.239% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,613as in the Price arb table
costs, in and out, $10k−$3,62136.206% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.310%, 7d avg +0.239%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.071% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.239%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRT-USDT | 0.02337 | 0.0100 | pay 0.0100% / 8h | 1h 04m | — | $2.4M | — |
| Short | Kraken Futures PF_GRTUSD | 0.02344 | 0.0743 | get 0.0093% / 1h | 4m 56s | $291K | $61K | 20x |
BingX GRT-USDT
Kraken Futures PF_GRTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $134.93
- Price spread: +0.310% → +0.239%
- $7.14
- Slippage, 4 orders
- −$3,600.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$3,478.52
- Costs to cover
- 36.206%
- Break-even
- 187.5 days
Slippage from BingX: live order book, 9 min ago; Kraken Futures: live order book, 13 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 BingX live order book, 9 min ago | 8.58 bp | 22.8 bp −$23 | 48.1 bp −$481 | 402.6 bp −$40.3K | 523.5 bp −$261.7K |
| Sell Kraken Futures live order book, 13 min ago | 40.68 bp | 62.1 bp −$62 | 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 GRT | −0.0092% | 8h | 0.02336 | −0.035% | $112K | $94K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02341 | +0.174% | $640 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.135% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDT | +0.0098% | 8h | 0.02340 | +0.128% | $176K | $232K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02338 | +0.043% | $3.6M | $9.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02336 | −0.043% | $2.8M | $2.5M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02336 | −0.043% | $622K | $915K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02340 | +0.128% | $458K | $448K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02337 | 0.000% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02339 | +0.086% | $1.1M | $651K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02336 | −0.043% | $2.3M | $882K | 75x | as long as short |
| BingX GRT-USDTlong | +0.0100% | 8h | 0.02337 | long leg | — | $2.4M | — | |
| Kraken Futures PF_GRTUSDshort | +0.0743% | 1h | 0.02344 | +0.310% | $291K | $61K | 20x |
Bitget GRTUSDT