Funding you earn now, next payment 16:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX−0.042%96s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.745% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.389%+$39 · spread now −0.042%, 7d avg +0.012%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.054% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRT-USDT | 0.02396 | 0.0100 | pay 0.0100% / 8h | 6h 59m | — | $2.5M | — |
| Short | BloFin GRT-USDT | 0.02395 | 0.0086 | get 0.0086% / 8h | 6h 59m | $174K | $136K | 75x |
BingX GRT-USDT
BloFin GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.93
- Price spread: −0.042% → +0.012%
- −$5.36
- Slippage, 4 orders
- −$52.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.84
- Costs to cover
- 0.745%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 65 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 BingX live order book, 10 min ago | 6.29 bp | 24.8 bp −$25 | 51.9 bp −$519 | 429.4 bp −$42.9K | 521.0 bp −$260.5K |
| Sell BloFin live order book, 65 min ago | 2.13 bp | 13.2 bp −$13 | 37.4 bp −$374 | 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 | −0.0016% | 8h | 0.02389 | −0.290% | $90K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02397 | +0.055% | $655 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −7.471% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTshort | +0.0086% | 8h | 0.02395 | −0.042% | $174K | $136K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02396 | 0.000% | $3.6M | $8.0M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02392 | −0.167% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02393 | −0.125% | $648K | $749K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02396 | 0.000% | $453K | $368K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02395 | −0.042% | $1.7M | $1.0M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02395 | −0.042% | $1.1M | $707K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit 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 | 0.02397 | +0.042% | $2.4M | $659K | 75x | as long as short |
| BingX GRT-USDTlong | +0.0100% | 8h | 0.02396 | long leg | — | $2.5M | — | |
| Kraken Futures PF_GRTUSD | +0.0398% | 1h | 0.02396 | +0.015% | $282K | $64K | 20x | as long as short |
Bitget GRTUSDT
Kraken Futures PF_GRTUSD