Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.210%79s7-day average −0.009% · 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−$580.577% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.210%, 7d avg −0.009%
=Funding pays, the price is against you. BloFin is 0.200% cheaper against MEXC than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.009%). If the spread goes back, that is −$20 on $10k: about 34 days of funding at the current rate (+$1 a day). The two prices were read 79 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 | MEXC GRT_USDT | 0.02382 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $2.0M | $1.1M | 200x |
| Short | BloFin GRT-USDT | 0.02377 | 0.0120 | get 0.0120% / 8h | 5h 30m | $180K | $228K | 75x |
MEXC GRT_USDT
BloFin GRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $4.16
- Price spread: −0.210% → −0.009%
- −$20.04
- Slippage, 4 orders
- −$41.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.57
- Costs to cover
- 0.577%
- Break-even
- 130.7 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 8 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 MEXC live order book, 2 min ago | 2.10 bp | 12.7 bp −$13 | 34.5 bp −$345 | 161.2 bp −$16.1K | 248.7 bp −$124.3K |
| Sell BloFin live order book, 8 min ago | 4.21 bp | 11.5 bp −$12 | 28.1 bp −$281 | 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 | −0.1345% | 1h | 0.02385 | +0.108% | $290K | $56K | 20x | as long as short |
| Variational Omni GRT | −0.0110% | 8h | 0.02375 | −0.293% | $107K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02383 | +0.035% | $651 | — | 150x | as long as short |
| Injective GRT/USDC PERP | +0.0033% | 1h | 0.02217 | −6.927% | — | $8K | 5.5x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02382 | −0.012% | $3.7M | $8.6M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02378 | −0.168% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02381 | −0.042% | $641K | $874K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02382 | 0.000% | $462K | $428K | 50x | as long as short |
| MEXC GRT_USDTlong | +0.0100% | 8h | 0.02382 | long leg | $2.0M | $1.1M | 200x | |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02384 | +0.084% | $1.1M | $642K | 50x | as long as short |
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Injective GRT/USDC PERP
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate 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 | 0.02380 | −0.084% | $2.4M | $691K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02381 | −0.042% | — | $2.4M | — | as long as short |
| BloFin GRT-USDTshort | +0.0120% | 8h | 0.02377 | −0.210% | $180K | $228K | 75x |
Bitget GRTUSDT
BingX GRT-USDT