Funding you earn now, next payment 16:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Gate−0.167%63s7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as 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−$1801.798% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.415%+$42 · spread now −0.167%, 7d avg −0.070%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.098% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.070%). Swap the legs. The two prices were read 63 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 | Gate GRT_USDT | 0.02394 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $453K | $368K | 50x |
| Short | BloFin GRT-USDT | 0.02390 | 0.0084 | get 0.0084% / 8h | 7h 01m | $173K | $136K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$3.4
- Price spread: −0.167% → −0.070%
- −$9.76
- Slippage, 4 orders
- −$152.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$192.95
- Costs to cover
- 1.798%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; BloFin: live order book, 63 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 Gate live order book, 29 min ago | 10.65 bp | 69.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 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 | −0.0009% | 8h | 0.02392 | −0.079% | $90K | $125K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02394 | +0.017% | $655 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −7.393% | — | $8K | 5.5x | as long as short |
| BloFin GRT-USDTshort | +0.0084% | 8h | 0.02390 | −0.167% | $173K | $136K | 75x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02395 | +0.036% | $3.6M | $8.0M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02390 | −0.167% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02392 | −0.084% | $647K | $750K | 20x | as long as short |
| Gate GRT_USDTlong | +0.0100% | 8h | 0.02394 | long leg | $453K | $368K | 50x | |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02396 | +0.084% | $1.7M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02394 | 0.000% | $1.1M | $695K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02395 | +0.042% | $2.4M | $662K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02392 | −0.084% | — | $2.5M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0399% | 1h | 0.02394 | +0.010% | $281K | $64K | 20x | as long as short |
Gate GRT_USDT
BloFin GRT-USDT
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT
Kraken Futures PF_GRTUSD