Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Gate+0.085%63s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as 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−$1281.277% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now +0.085%, 7d avg −0.070%
=The price spread pays, funding is against you. BloFin is 0.154% dearer against Gate than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.070%): +$15 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 46 days. The two prices were read 63 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 | Gate GRT_USDT | 0.02366 | 0.0100 | pay 0.0100% / 8h | 7h 36m | $447K | $367K | 50x |
| Short | BloFin GRT-USDT | 0.02368 | 0.0089 | get 0.0089% / 8h | 7h 36m | $171K | $136K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$2.33
- Price spread: +0.085% → −0.070%
- $15.41
- Slippage, 4 orders
- −$100.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$114.57
- Costs to cover
- 1.277%
- Break-even
- never at this rate
Slippage from Gate: live order book, 60 min ago; BloFin: live order book, 29 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 Gate live order book, 60 min ago | 8.58 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 2.13 bp | 13.2 bp −$13 | 37.4 bp −$374 | 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 | +0.0014% | 8h | 0.02368 | +0.068% | $89K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02364 | −0.071% | $647 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.298% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTshort | +0.0089% | 8h | 0.02368 | +0.085% | $171K | $136K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02362 | −0.169% | $3.5M | $8.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02360 | −0.254% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02360 | −0.254% | $640K | $760K | 20x | as long as short |
| Gate GRT_USDTlong | +0.0100% | 8h | 0.02366 | long leg | $447K | $367K | 50x | |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02360 | −0.254% | $1.8M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02367 | +0.042% | $1.1M | $712K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02366 | 0.000% | $2.4M | $670K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02362 | −0.169% | — | $2.5M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0404% | 1h | 0.02364 | −0.069% | $279K | $68K | 20x | as long as short |
Gate GRT_USDT
BloFin GRT-USDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
Kraken Futures PF_GRTUSD