Funding you earn now, next payment 16:00 UTC−0.0119%/8h= −13.0% APRnext payment −$1.19 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.213%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.213%, 7d avg −0.029%
=The price spread pays, funding is against you. Bybit is 0.242% dearer against OKX than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of −0.029%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.061%, 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 | OKX GRT-USDT-SWAP | 0.02349 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $637K | $756K | 20x |
| Short | Bybit GRTUSDT | 0.02354 | −0.0019 | pay 0.0019% / 8h | 7h 33m | $2.9M | $2.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$24.95
- Price spread: +0.213% → −0.029%
- $24.18
- Slippage, 4 orders
- −$102.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$124.63
- Costs to cover
- 1.239%
- Break-even
- never at this rate
Slippage from OKX: live order book, 63 min ago; Bybit: live order book, 4 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 OKX live order book, 63 min ago | 4.30 bp | 40.7 bp −$41 | 8271.6 bp −$82.7K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.34 bp | 20.0 bp −$20 | 50.6 bp −$506 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRTUSDTshort | −0.0019% | 8h | 0.02354 | +0.213% | $2.9M | $2.2M | 75x | |
| Variational Omni GRT | +0.0003% | 8h | 0.02359 | +0.409% | $89K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02365 | +0.698% | $647 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −5.619% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02354 | +0.194% | $3.5M | $8.2M | 75x | as long as short |
| OKX GRT-USDT-SWAPlong | +0.0100% | 8h | 0.02349 | long leg | $637K | $756K | 20x | |
| Gate GRT_USDT | +0.0100% | 8h | 0.02360 | +0.468% | $446K | $367K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02351 | +0.085% | $1.8M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02354 | +0.213% | $1.1M | $712K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02355 | +0.255% | $2.4M | $671K | 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 | 0.02354 | +0.213% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0111% | 8h | 0.02368 | +0.809% | $172K | $136K | 75x | as long as short |
| Kraken Futures PF_GRTUSD | +0.0404% | 1h | 0.02366 | +0.721% | $279K | $68K | 20x | as long as short |
OKX GRT-USDT-SWAP
Bybit GRTUSDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
BloFin GRT-USDT
Kraken Futures PF_GRTUSD