Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit+0.299%82s7-day average +0.061% · 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—prices read too far apart to compare
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.299%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.238% dearer against Bybit than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 82 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 | Bybit GRTUSDT | 0.02343 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $2.9M | $2.1M | 75x |
| Short | BloFin GRT-USDT | 0.02350 | 0.0095 | get 0.0095% / 8h | 3h 21m | $178K | $221K | 75x |
Bybit GRTUSDT
BloFin GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$0.99
- Price spread: +0.299% → +0.061%
- $23.82
- Slippage, 4 orders
- −$59.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.1
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 69 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 | 4.26 bp | 18.6 bp −$19 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 69 min ago | 6.34 bp | 18.9 bp −$19 | 49.6 bp −$496 | 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 | −0.0139% | 8h | 0.02347 | +0.174% | $114K | $100K | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0022% | 1h | 0.02347 | +0.189% | $283K | $63K | 20x | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02346 | +0.145% | $641 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.378% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTshort | +0.0095% | 8h | 0.02350 | +0.299% | $178K | $221K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02346 | +0.128% | $3.6M | $8.2M | 75x | as long as short |
| Bybit GRTUSDTlong | +0.0100% | 8h | 0.02343 | long leg | $2.9M | $2.1M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02348 | +0.213% | $640K | $747K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02347 | +0.171% | $454K | $412K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02344 | +0.043% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
Kraken Futures PF_GRTUSD
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
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 | 0.02343 | 0.000% | $1.1M | $679K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02348 | +0.213% | $2.4M | $675K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02347 | +0.171% | — | $2.5M | — | as long as short |
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT