Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin−0.079%66s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$960.957% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.079%, 7d avg −0.012%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.067% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you. The two prices were read 66 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 | BloFin GRT-USDT | 0.02532 | 0.0112 | pay 0.0112% / 8h | 2h 16m | $189K | $106K | 75x |
| Short | BingX GRT-USDT | 0.02530 | 0.0100 | get 0.0100% / 8h | 2h 16m | — | $2.4M | — |
BloFin GRT-USDT
BingX GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$2.51
- Price spread: −0.079% → −0.012%
- −$6.68
- Slippage, 4 orders
- −$73.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$104.93
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; BingX: live order book, 6 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 BloFin live order book, 31 min ago | 5.95 bp | 17.7 bp −$18 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 9.84 bp | 29.7 bp −$30 | 55.4 bp −$554 | 351.4 bp −$35.1K | 520.8 bp −$260.4K |
GRT on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02534 | +0.098% | $693 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02456 | −3.002% | — | $39K | 5.5x | as long as short |
| Variational Omni GRT | +0.0055% | 8h | 0.02529 | −0.135% | $96K | $40K | — | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02532 | 0.000% | $3.8M | $7.3M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02530 | −0.079% | $3.2M | $2.8M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02532 | 0.000% | $705K | $891K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02533 | +0.039% | $502K | $241K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02532 | 0.000% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02533 | +0.039% | $1.2M | $639K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02529 | −0.118% | $2.5M | $551K | 75x | as long as short |
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Variational Omni GRT
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDTshort | +0.0100% | 8h | 0.02530 | −0.079% | — | $2.4M | — | |
| BloFin GRT-USDTlong | +0.0112% | 8h | 0.02532 | long leg | $189K | $106K | 75x | |
| Kraken Futures PF_GRTUSD | +0.0225% | 1h | 0.02533 | +0.030% | $296K | $70K | 20x | as long as short |
Kraken Futures PF_GRTUSD