Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.129%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.129%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.154% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRT-USDT | 0.02320 | 0.0126 | pay 0.0126% / 8h | 1h 03m | $170K | $189K | 75x |
| Short | Binance GRTUSDT | 0.02317 | 0.0100 | get 0.0100% / 8h | 1h 03m | $3.5M | $8.2M | 75x |
BloFin GRT-USDT
Binance GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.43
- Price spread: −0.129% → +0.024%
- −$15.36
- Slippage, 4 orders
- −$56.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$99.06
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; Binance: live order book, 6 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 BloFin live order book, 8 min ago | 2.15 bp | 13.5 bp −$14 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.15 bp | 19.0 bp −$19 | 46.9 bp −$469 | 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 | −0.0055% | 8h | 0.02324 | +0.176% | $88K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02322 | +0.086% | $635 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.440% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02317 | −0.129% | $3.5M | $8.2M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02316 | −0.172% | $2.8M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02318 | −0.086% | $630K | $747K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02324 | +0.172% | $440K | $425K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02317 | −0.129% | $1.8M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02322 | +0.086% | $1.0M | $689K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02318 | −0.086% | $2.3M | $656K | 75x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02321 | +0.043% | — | $2.5M | — | as long as short |
| BloFin GRT-USDTlong | +0.0126% | 8h | 0.02320 | long leg | $170K | $189K | 75x | |
| Kraken Futures PF_GRTUSD | +0.0589% | 1h | 0.02320 | −0.017% | $275K | $67K | 20x | as long as short |
BingX GRT-USDT
Kraken Futures PF_GRTUSD