Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Bitget−0.170%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1571.574% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.170%, 7d avg −0.034%
=Funding pays, the price is against you. OKX is 0.137% cheaper against Bitget than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.034%). If the spread goes back, that is −$14 on $10k: about 33 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRTUSDT | 0.02347 | 0.0086 | pay 0.0086% / 8h | 6h 43m | $2.4M | $703K | 75x |
| Short | OKX GRT-USDT-SWAP | 0.02343 | 0.0100 | get 0.0100% / 8h | 6h 43m | $623K | $870K | 20x |
Bitget GRTUSDT
OKX GRT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.94
- Price spread: −0.170% → −0.034%
- −$13.68
- Slippage, 4 orders
- −$135.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$168.13
- Costs to cover
- 1.574%
- Break-even
- 407.3 days
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 23 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 | 6.42 bp | 38.1 bp −$38 | 94.0 bp −$940 | doesn't fit | doesn't fit |
| Sell OKX live order book, 23 min ago | 4.24 bp | 42.0 bp −$42 | 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 | −0.0133% | 8h | 0.02337 | −0.420% | $105K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02350 | +0.128% | $642 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.539% | — | $8K | 5.5x | as long as short |
| Bitget GRTUSDTlong | +0.0086% | 8h | 0.02347 | long leg | $2.4M | $703K | 75x | |
| BloFin GRT-USDT | +0.0087% | 8h | 0.02343 | −0.170% | $176K | $230K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02349 | +0.072% | $3.5M | $8.8M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02346 | −0.043% | $2.8M | $2.4M | 75x | as long as short |
| OKX GRT-USDT-SWAPshort | +0.0100% | 8h | 0.02343 | −0.170% | $623K | $870K | 20x | |
| Gate GRT_USDT | +0.0100% | 8h | 0.02348 | +0.043% | $455K | $429K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02350 | +0.128% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Binance GRTUSDT
Bybit GRTUSDT
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02347 | 0.000% | $1.1M | $628K | 50x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02347 | 0.000% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.2892% | 1h | 0.02348 | +0.059% | $288K | $59K | 20x | as long as short |
KuCoin GRTUSDTM
BingX GRT-USDT
Kraken Futures PF_GRTUSD