Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.059%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.059%, 7d avg +0.080%
=Funding pays, the price is against you. Binance is 0.020% cheaper against Bybit than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.080%). If the spread goes back, that is −$2 on $10k: about 2.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.124%, 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 | Bybit GRTUSDT | 0.02336 | 0.0074 | pay 0.0074% / 8h | 6h 47m | $2.8M | $2.4M | 75x |
| Short | Binance GRTUSDT | 0.02337 | 0.0100 | get 0.0100% / 8h | 6h 47m | $3.5M | $8.8M | 75x |
Bybit GRTUSDT
Binance GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $5.46
- Price spread: +0.059% → +0.080%
- −$2.04
- Slippage, 4 orders
- −$62.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$80.23
- Costs to cover
- 0.837%
- Break-even
- 109.9 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 7 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 Bybit live order book, 5 min ago | 4.28 bp | 21.7 bp −$22 | 58.2 bp −$582 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.15 bp | 21.9 bp −$22 | 50.6 bp −$506 | 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 | −0.0143% | 8h | 0.02335 | −0.058% | $105K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02339 | +0.145% | $640 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.094% | — | $8K | 5.5x | as long as short |
| Bybit GRTUSDTlong | +0.0074% | 8h | 0.02336 | long leg | $2.8M | $2.4M | 75x | |
| Bitget GRTUSDT | +0.0080% | 8h | 0.02335 | −0.043% | $2.3M | $706K | 75x | as long as short |
| BloFin GRT-USDT | +0.0087% | 8h | 0.02343 | +0.300% | $176K | $230K | 75x | as long as short |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02337 | +0.059% | $3.5M | $8.8M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02337 | +0.043% | $620K | $869K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02338 | +0.086% | $453K | $429K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02338 | +0.086% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bitget GRTUSDT
BloFin GRT-USDT
OKX GRT-USDT-SWAP
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 | 0.02337 | +0.043% | $1.0M | $627K | 50x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02338 | +0.086% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.2905% | 1h | 0.02338 | +0.085% | $286K | $62K | 20x | as long as short |
KuCoin GRTUSDTM
BingX GRT-USDT
Kraken Futures PF_GRTUSD