Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin−0.542%112s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$720.719% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.542%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.483% cheaper against BloFin than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 112 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 | BloFin GRT-USDT | 0.02399 | 0.0095 | pay 0.0095% / 8h | 5h 11m | $182K | $230K | 75x |
| Short | Bybit GRTUSDT | 0.02386 | 0.0100 | get 0.0100% / 8h | 5h 11m | $2.9M | $2.2M | 75x |
BloFin GRT-USDT
Bybit GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $1.05
- Price spread: −0.542% → −0.058%
- −$48.35
- Slippage, 4 orders
- −$48.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.21
- Costs to cover
- 0.719%
- Break-even
- 800.5 days
Slippage from BloFin: live order book, 27 min ago; Bybit: live order book, 1 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, 27 min ago | 4.21 bp | 21.1 bp −$21 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.20 bp | 22.6 bp −$23 | 49.6 bp −$496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRTUSD | −0.1339% | 1h | 0.02395 | −0.160% | $290K | $57K | 20x | as long as short |
| Variational Omni GRT | −0.0112% | 8h | 0.02398 | −0.061% | $117K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02393 | −0.233% | $654 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −7.586% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTlong | +0.0095% | 8h | 0.02399 | long leg | $182K | $230K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02390 | −0.375% | $3.7M | $8.5M | 75x | as long as short |
| Bybit GRTUSDTshort | +0.0100% | 8h | 0.02386 | −0.542% | $2.9M | $2.2M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02389 | −0.417% | $643K | $836K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02389 | −0.417% | $463K | $429K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02388 | −0.459% | $2.0M | $1.2M | 200x | as long as short |
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02390 | −0.375% | $1.1M | $651K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02394 | −0.208% | $2.4M | $704K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02386 | −0.542% | — | $2.4M | — | as long as short |
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT