Funding arb · Price arb /

GRT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against KuCoin+0.025%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.025% dearer against KuCoin than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRTUSDTM	0.02356	0.0100	pay 0.0100% / 8h	36m 30s	$1.1M	$647K	50x
Short	gTrade (Gains Network) GRT/USD	0.02357	L +0.0024% / S +0.0001%	pay 0.0000% / 1h	36m 30s	$644	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.025%Rate

Funding earned: −$21.12
Price spread: +0.025% → 0.000%: $2.5
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$40.61
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 KuCoin live order book, 3 min ago	6.36 bp	63.4 bp −$63	187.1 bp −$1,871	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0110%	8h	0.02347	−0.373%	$112K	$85K	—	as long as short
gTrade (Gains Network) GRT/USDshort	L +0.0024% / S +0.0001%	1h	0.02357	+0.025%	$644	—	150x
Injective GRT/USDC PERP	+0.0033%	1h	0.02217	−5.900%	—	$8K	5.5x	as long as short
BloFin GRT-USDT	+0.0098%	8h	0.02352	−0.170%	$177K	$233K	75x	as long as short
Binance GRTUSDT	+0.0100%	8h	0.02351	−0.194%	$3.6M	$9.1M	75x	as long as short
Bybit GRTUSDT	+0.0100%	8h	0.02350	−0.255%	$2.9M	$2.5M	75x	as long as short
OKX GRT-USDT-SWAP	+0.0100%	8h	0.02351	−0.212%	$625K	$913K	20x	as long as short
Gate GRT_USDT	+0.0100%	8h	0.02354	−0.085%	$461K	$433K	50x	as long as short
MEXC GRT_USDT	+0.0100%	8h	0.02352	−0.170%	$2.0M	$1.1M	200x	as long as short
KuCoin GRTUSDTMlong	+0.0100%	8h	0.02356	long leg	$1.1M	$647K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRTUSDT	+0.0100%	8h	0.02353	−0.127%	$2.4M	$818K	75x	as long as short
BingX GRT-USDT	+0.0100%	8h	0.02350	−0.255%	—	$2.4M	—	as long as short
Kraken Futures PF_GRTUSD	+0.1059%	1h	0.02357	+0.048%	$293K	$61K	20x	as long as short