Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.018%
Price spread now: GRVT against Aevo−0.437%71s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as 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−$1531.534% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.810%−$81 · spread now −0.437%, 7d avg −0.092%
=Together, before fees−0.806%+ Points / potential airdropGRVT: Active · farm board−$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.345% cheaper against Aevo than usual: you would sell low and buy high (spread −0.437% now, against its 7-day average of −0.092%). If the spread goes back, that is −$34 on $10k: about 57 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 22 months. The two prices were read 71 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 | Aevo ARB-PERP | 0.2230 | 0.0080 | pay 0.0010% / 1h | 54m 11s | $146K | $12K | 3x |
| Short | GRVT ARB_USDT_Perp | 0.2220 | 0.0100 | get 0.0100% / 8h | 1h 54m | $477K | $4.0M | 10x |
Aevo ARB-PERP
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Aevo. 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
- $4.2
- Price spread: −0.437% → −0.092%
- −$34.47
- Slippage, 4 orders
- −$128.38
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$183.65
- Costs to cover
- 1.534%
- Break-even
- 313.1 days
Slippage from Aevo: live order book, 29 min ago; GRVT: live order book, 5 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 Aevo live order book, 29 min ago | 33.44 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 2.25 bp | 16.0 bp −$16 | 70.8 bp −$708 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1770% | 1h | 0.2213 | −0.747% | $40K | $283K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0333% | 1h | 0.2228 | −0.057% | $26K | $32K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2228 | −0.079% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.368% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0132% | 8h | 0.2227 | −0.137% | $57.3M | $136.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2226 | −0.142% | $22.2M | $163.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2228 | −0.088% | $36.9M | $62.0M | 200x | as long as short |
| SoDEX ARB-USD | −0.0053% | 1h | 0.2227 | −0.119% | $4K | $2.9M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0022% | 8h | 0.2228 | −0.074% | $10K | $391K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2226 | −0.165% | $353K | $2.4M | 25x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0013% | 8h | 0.2227 | −0.120% | $63.4M | $323.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2229 | −0.008% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | −0.039% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2229 | −0.034% | $5.5M | $20.6M | 60x | as long as short |
| Polymarket Perps ARB-USD | +0.0070% | 1h | 0.2228 | −0.088% | $76K | $2.2M | 10x | as long as short |
| Aevo ARB-PERPlong | +0.0080% | 1h | 0.2230 | long leg | $146K | $12K | 3x | |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2230 | +0.011% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2227 | −0.119% | $20.9M | $38.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2227 | −0.101% | — | $53.8M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | −0.043% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | +0.020% | $39.8M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | −0.014% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | +0.010% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | +0.002% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.518% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2220 | −0.437% | $477K | $4.0M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.388% | $120K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2230 | +0.015% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | −0.052% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | −0.074% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2229 | −0.039% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.060% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2229 | −0.034% | $834K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | −0.132% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2231 | +0.051% | $492K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0722% | 1h | 0.2232 | +0.109% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP