Funding you earn now, next payment 00:00 UTC+0.0948%/8h= +103.8% APRpaid last 24h +0.628%
Price spread now: Kraken Futures against BloFin+0.682%57s7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,577as 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−$3,60836.084% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 3 days (all we have)−0.378%−$38 · spread now +0.682%, 7d avg +0.228%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Kraken Futures is 0.454% dearer against BloFin than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.228%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.316% in total (about 16.5% 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 | BloFin GRT-USDT | 0.02348 | 0.0108 | pay 0.0108% / 8h | 39m 32s | $176K | $234K | 75x |
| Short | Kraken Futures PF_GRTUSD | 0.02364 | 0.1056 | get 0.0132% / 1h | 39m 32s | $294K | $61K | 20x |
BloFin GRT-USDT
Kraken Futures PF_GRTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $199.05
- Price spread: +0.682% → +0.228%
- $45.38
- Slippage, 4 orders
- −$3,586.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$3,364.01
- Costs to cover
- 36.084%
- Break-even
- 125.3 days
Slippage from BloFin: live order book, 31 min ago; Kraken Futures: live order book, 38 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 | 2.14 bp | 21.8 bp −$22 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 38 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 | −0.0110% | 8h | 0.02347 | −0.034% | $112K | $85K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02359 | +0.472% | $645 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.579% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02357 | +0.383% | $3.6M | $9.1M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02354 | +0.256% | $2.9M | $2.5M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02355 | +0.298% | $628K | $913K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02359 | +0.468% | $464K | $431K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02357 | +0.383% | $2.1M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02356 | +0.341% | $1.1M | $647K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02354 | +0.256% | $2.4M | $818K | 75x | as long as short |
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
Bitget GRTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02356 | +0.341% | — | $2.4M | — | as long as short |
| BloFin GRT-USDTlong | +0.0108% | 8h | 0.02348 | long leg | $176K | $234K | 75x | |
| Kraken Futures PF_GRTUSDshort | +0.1056% | 1h | 0.02364 | +0.682% | $294K | $61K | 20x |
BingX GRT-USDT