Funding you earn now, next payment 02:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h −0.015%
Price spread now: GRVT against ApeX Omni+0.220%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.285%−$28 · spread now +0.220%, 7d avg −0.001%
=Together, before fees−0.291%+ Points / potential airdropGRVT: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.221% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% 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 | ApeX Omni ARBUSDT | 0.2214 | −0.0110 | get 0.0014% / 1h | 28m 38s | $119K | $293K | 50x |
| Short | GRVT ARB_USDT_Perp | 0.2219 | 0.0100 | get 0.0100% / 8h | 6h 28m | $480K | $3.7M | 10x |
ApeX Omni ARBUSDT
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against ApeX Omni. 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
- $44.02
- Price spread: +0.220% → −0.001%
- $22.13
- Slippage, 4 orders
- −$65.05
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17.9
- Costs to cover
- 0.840%
- Break-even
- 9.8 days
Slippage from ApeX Omni: live order book, 39 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 ApeX Omni live order book, 39 min ago | 11.05 bp | 20.0 bp −$20 | 109.3 bp −$1,093 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 2.26 bp | 13.9 bp −$14 | 54.3 bp −$543 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2203 | −0.497% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2211 | −0.122% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0214% | 1h | 0.2208 | −0.294% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2211 | −0.140% | $1.9M | $2.9M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0157% | 1h | 0.2209 | −0.226% | $24K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2212 | −0.095% | $22.3M | $156.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0114% | 8h | 0.2212 | −0.104% | $40.0M | $59.7M | 200x | as long as short |
| ApeX Omni ARBUSDTlong | −0.0110% | 1h | 0.2214 | long leg | $119K | $293K | 50x | |
| Bybit ARBUSDT | −0.0066% | 8h | 0.2213 | −0.041% | $56.7M | $129.1M | 50x | as long as short |
| Gate ARB_USDT | −0.0065% | 8h | 0.2212 | −0.104% | $5.4M | $19.8M | 60x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Gate ARB_USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2211 | −0.136% | $13K | $381K | 10x | as long as short |
| Binance ARBUSDT | −0.0002% | 8h | 0.2212 | −0.100% | $64.5M | $318.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2213 | −0.053% | $65K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2210 | −0.173% | $353K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2211 | −0.116% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2210 | −0.203% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2212 | −0.095% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | −0.054% | $38.2M | $51.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2212 | −0.086% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2214 | −0.020% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2212 | −0.099% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2211 | −0.136% | $21.2M | $36.3M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2211 | −0.145% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2212 | −0.109% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2219 | +0.220% | $480K | $3.7M | 10x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2213 | −0.045% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2210 | −0.181% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2211 | −0.136% | $297K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2209 | −0.226% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2215 | +0.045% | $507K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2212 | −0.110% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2210 | −0.186% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0313% | 1h | 0.2209 | −0.222% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2214 | −0.005% | $471K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0523% | 1h | 0.2213 | −0.045% | $997K | $2.9M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP