Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h +0.719%
Price spread now: Kraken Futures against Bitget−0.076%48s7-day average +0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,291as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,32113.206% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.076%, 7d avg +0.248%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.324% cheaper against Bitget than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.248%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.299%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRTUSDT | 0.02354 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $2.4M | $675K | 75x |
| Short | Kraken Futures PF_GRTUSD | 0.02352 | 0.0022 | get 0.0003% / 1h | 23m 30s | $284K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$16.48
- Price spread: −0.076% → +0.248%
- −$32.4
- Slippage, 4 orders
- −$1,298.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,369.44
- Costs to cover
- 13.206%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 29 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 Bitget live order book, 4 min ago | 6.38 bp | 29.8 bp −$30 | 77.0 bp −$770 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 29 min ago | 35.78 bp | 57.3 bp −$57 | 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 | −0.0139% | 8h | 0.02347 | −0.295% | $114K | $100K | — | as long as short |
| Kraken Futures PF_GRTUSDshort | +0.0022% | 1h | 0.02352 | −0.076% | $284K | $63K | 20x | |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02353 | −0.026% | $643 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.820% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02350 | −0.185% | $3.6M | $8.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02346 | −0.340% | $2.9M | $2.1M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02349 | −0.212% | $642K | $747K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02349 | −0.212% | $455K | $412K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02350 | −0.170% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02351 | −0.127% | $1.1M | $678K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDTlong | +0.0100% | 8h | 0.02354 | long leg | $2.4M | $675K | 75x | |
| BingX GRT-USDT | +0.0100% | 8h | 0.02348 | −0.255% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0107% | 8h | 0.02350 | −0.170% | $177K | $221K | 75x | as long as short |
Bitget GRTUSDT
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
BingX GRT-USDT
BloFin GRT-USDT