Funding you earn now, next payment 23:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h −0.614%
Price spread now: BloFin against Kraken Futures−0.132%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,519as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,480as in the Price arb table
costs, in and out, $10k−$2,48924.892% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 3 days (all we have)−0.223%−$22 · spread now −0.132%, 7d avg −0.227%
=The price spread pays, funding is against you. BloFin is 0.094% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.132% now, against its 7-day average of −0.227%): +$9 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.295% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.295% in total (about -15.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRTUSD | 0.02317 | 0.0751 | pay 0.0094% / 1h | 45m 12s | $288K | $61K | 20x |
| Short | BloFin GRT-USDT | 0.02314 | 0.0106 | get 0.0106% / 8h | 1h 45m | $175K | $229K | 75x |
Kraken Futures PF_GRTUSD
BloFin GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$135.56
- Price spread: −0.132% → −0.227%
- $9.42
- Slippage, 4 orders
- −$2,467.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2,615.36
- Costs to cover
- 24.892%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 37 min ago; BloFin: live order book, 30 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 Kraken Futures live order book, 37 min ago | 30.00 bp | 2399.4 bp −$2,399 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 6.48 bp | 19.7 bp −$20 | 37.8 bp −$378 | 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 | −0.0107% | 8h | 0.02310 | −0.314% | $111K | $108K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02315 | −0.076% | $633 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −4.319% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02315 | −0.095% | $3.5M | $9.3M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02311 | −0.262% | $2.8M | $2.6M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02312 | −0.219% | $616K | $907K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02314 | −0.132% | $450K | $441K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02314 | −0.132% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02313 | −0.176% | $1.0M | $659K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02311 | −0.262% | $2.3M | $909K | 75x | 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 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 | 0.02314 | −0.132% | — | $2.4M | — | as long as short |
| BloFin GRT-USDTshort | +0.0106% | 8h | 0.02314 | −0.132% | $175K | $229K | 75x | |
| Kraken Futures PF_GRTUSDlong | +0.0751% | 1h | 0.02317 | long leg | $288K | $61K | 20x |
BingX GRT-USDT