Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h −0.711%
Price spread now: Bybit against Kraken Futures−0.301%7-day average −0.302% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,297as in the Price arb table
costs, in and out, $10k−$1,29712.973% of the position
Funding, last 7 days−0.265%−$27 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.301%, 7d avg −0.302%
=The price spread sits at its 7-day average of −0.302%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.265%, 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 | Kraken Futures PF_GRTUSD | 0.02353 | 0.0022 | pay 0.0003% / 1h | 20m 44s | $284K | $63K | 20x |
| Short | Bybit GRTUSDT | 0.02346 | 0.0100 | get 0.0100% / 8h | 3h 20m | $2.9M | $2.1M | 75x |
Kraken Futures PF_GRTUSD
Bybit GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $16.48
- Price spread: −0.301% → −0.302%
- $0.11
- Slippage, 4 orders
- −$1,276.33
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,280.74
- Costs to cover
- 12.973%
- Break-even
- 550.9 days
Slippage from Kraken Futures: live order book, 32 min ago; Bybit: live order book, 1 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, 32 min ago | 35.78 bp | 1195.1 bp −$1,195 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.41 bp | 22.9 bp −$23 | 59.8 bp −$598 | 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 | 0.02347 | −0.276% | $114K | $100K | — | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0022% | 1h | 0.02353 | long leg | $284K | $63K | 20x | |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02351 | −0.071% | $643 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.783% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02350 | −0.144% | $3.6M | $8.2M | 75x | as long as short |
| Bybit GRTUSDTshort | +0.0100% | 8h | 0.02346 | −0.301% | $2.9M | $2.1M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02348 | −0.216% | $641K | $747K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02347 | −0.259% | $454K | $412K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02350 | −0.131% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02346 | −0.301% | $1.1M | $679K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02348 | −0.216% | $2.4M | $675K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02348 | −0.216% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0129% | 8h | 0.02347 | −0.259% | $177K | $221K | 75x | as long as short |
Bitget GRTUSDT
BingX GRT-USDT
BloFin GRT-USDT