Funding you earn now, next payment 06:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h +0.725%
Price spread now: Kraken Futures against MEXC−0.145%7-day average +0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,352as in the Price arb table
costs, in and out, $10k−$1,31513.149% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)+0.415%+$41 · spread now −0.145%, 7d avg +0.226%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.371% cheaper against MEXC than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.226%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.404%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRT_USDT | 0.02313 | 0.0100 | pay 0.0100% / 8h | 2h 25m | $1.8M | $1.1M | 200x |
| Short | Kraken Futures PF_GRTUSD | 0.02310 | 0.0043 | get 0.0005% / 1h | 25m 34s | $278K | $64K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$12.01
- Price spread: −0.145% → +0.226%
- −$37.12
- Slippage, 4 orders
- −$1,300.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,364.07
- Costs to cover
- 13.149%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 22 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 MEXC live order book, 1 min ago | 2.17 bp | 8.3 bp −$8 | 25.0 bp −$250 | 152.5 bp −$15.3K | 238.3 bp −$119.2K |
| Sell Kraken Futures live order book, 22 min ago | 17.13 bp | 41.4 bp −$41 | doesn't fit | 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 | −0.0122% | 8h | 0.02304 | −0.406% | $112K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02309 | −0.157% | $631 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.150% | — | $8K | 5.5x | as long as short |
| Kraken Futures PF_GRTUSDshort | +0.0043% | 1h | 0.02310 | −0.145% | $278K | $64K | 20x | |
| BloFin GRT-USDT | +0.0091% | 8h | 0.02310 | −0.130% | $172K | $220K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02315 | +0.096% | $3.5M | $8.2M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02311 | −0.086% | $2.8M | $2.1M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02314 | +0.043% | $630K | $742K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02309 | −0.173% | $440K | $412K | 50x | as long as short |
| MEXC GRT_USDTlong | +0.0100% | 8h | 0.02313 | long leg | $1.8M | $1.1M | 200x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02309 | −0.173% | $1.1M | $681K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02312 | −0.043% | $2.3M | $657K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02310 | −0.130% | — | $2.5M | — | as long as short |
MEXC GRT_USDT
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
BloFin GRT-USDT
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT