GRT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against BloFin−0.636%113s7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as 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−$1191.191% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 3 days (all we have)+0.634%+$63 · spread now −0.636%, 7d avg −0.038%

Together, before fees+0.673%+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.598% cheaper against BloFin than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of −0.038%). Swap the legs. The two prices were read 113 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	0.02360	0.0111	pay 0.0111% / 8h	7h 01m	$178K	$231K	75x
Short	OKX GRT-USDT-SWAP	0.02345	0.0100	get 0.0100% / 8h	7h 01m	$622K	$868K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now −0.636%Rate

Funding earned: −$2.36
Price spread: −0.636% → −0.038%: −$59.78
Slippage, 4 orders: −$97.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$181.2
Costs to cover: 1.191%
Break-even: never at this rate

Slippage from BloFin: live order book, 64 min ago; OKX: live order book, 5 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, 64 min ago	2.13 bp	22.5 bp −$22	37.2 bp −$372	doesn't fit	doesn't fit
Sell OKX live order book, 5 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	−0.0141%	8h	0.02358	−0.103%	$113K	$85K	—	as long as short
Bybit GRTUSDT	−0.0058%	8h	0.02346	−0.593%	$2.9M	$2.3M	75x	as long as short
gTrade (Gains Network) GRT/USD	L +0.0024% / S +0.0001%	1h	0.02352	−0.320%	$643	—	150x	as long as short
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−6.059%	—	$8K	5.5x	as long as short
Bitget GRTUSDT	+0.0079%	8h	0.02355	−0.212%	$2.4M	$705K	75x	as long as short
Binance GRTUSDT	+0.0100%	8h	0.02348	−0.508%	$3.6M	$8.7M	75x	as long as short
OKX GRT-USDT-SWAPshort	+0.0100%	8h	0.02345	−0.636%	$622K	$868K	20x
Gate GRT_USDT	+0.0100%	8h	0.02353	−0.297%	$457K	$439K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02349	−0.466%	$1.9M	$1.1M	200x	as long as short
KuCoin GRTUSDTM	+0.0100%	8h	0.02353	−0.297%	$1.1M	$621K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRT-USDT	+0.0100%	8h	0.02352	−0.339%	—	$2.4M	—	as long as short
BloFin GRT-USDTlong	+0.0111%	8h	0.02360	long leg	$178K	$231K	75x
Kraken Futures PF_GRTUSD	+0.0553%	1h	0.02360	+0.005%	$289K	$65K	20x	as long as short