Funding you earn now, next payment 07:00 UTC−0.0488%/8h= −53.5% APRpaid last 24h −0.725%
Price spread now: Binance against Kraken Futures−0.127%7-day average −0.208% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,322as in the Price arb table
costs, in and out, $10k−$1,33013.301% of the position
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.127%, 7d avg −0.208%
=The price spread pays, funding is against you. Binance is 0.081% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.127% now, against its 7-day average of −0.208%): +$8 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.404% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRTUSD | 0.02322 | 0.0588 | pay 0.0074% / 1h | 54m 13s | $279K | $64K | 20x |
| Short | Binance GRTUSDT | 0.02319 | 0.0100 | get 0.0100% / 8h | 1h 54m | $3.5M | $8.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$102.57
- Price spread: −0.127% → −0.208%
- $8.11
- Slippage, 4 orders
- −$1,310.06
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,424.52
- Costs to cover
- 13.301%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 53 min ago; Binance: live order book, 15 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 Kraken Futures live order book, 53 min ago | 17.13 bp | 1251.5 bp −$1,252 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.14 bp | 22.3 bp −$22 | 51.4 bp −$514 | 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 | −0.0093% | 8h | 0.02321 | −0.058% | $113K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02323 | +0.043% | $635 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.520% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02319 | −0.127% | $3.5M | $8.2M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02317 | −0.213% | $2.8M | $2.1M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02322 | +0.002% | $631K | $746K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02324 | +0.088% | $444K | $412K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02320 | −0.084% | $1.8M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02322 | +0.002% | $1.0M | $688K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02317 | −0.213% | $2.3M | $648K | 75x | 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 | 0.02321 | −0.041% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0107% | 8h | 0.02320 | −0.084% | $172K | $221K | 75x | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0588% | 1h | 0.02322 | long leg | $279K | $64K | 20x |
Kraken Futures PF_GRTUSD
Binance GRTUSDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
BloFin GRT-USDT