Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Binance−0.227%89s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as 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−$610.607% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days+0.281%+$28 · spread now −0.227%, 7d avg +0.041%
=Together, before fees+0.403%+ Points / potential airdropGRVT: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.268% cheaper against Binance than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of +0.041%). If the spread goes back, that is −$27 on $10k: about 8.4 days of funding at the current rate (+$3 a day). The two prices were read 89 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 | Binance ARBUSDT | 0.2220 | −0.0006 | get 0.0006% / 8h | 6h 08m | $64.6M | $316.8M | 75x |
| Short | GRVT ARB_USDT_Perp | 0.2215 | 0.0100 | get 0.0100% / 8h | 6h 08m | $481K | $3.7M | 10x |
Binance ARBUSDT
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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
- $22.18
- Price spread: −0.227% → +0.041%
- −$26.77
- Slippage, 4 orders
- −$41.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$65.29
- Costs to cover
- 0.607%
- Break-even
- 27.6 days
Slippage from Binance: live order book, 5 min ago; GRVT: live order book, 6 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 Binance live order book, 5 min ago | 0.23 bp | 9.6 bp −$10 | 21.7 bp −$217 | 75.2 bp −$7,518 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 2.26 bp | 22.9 bp −$23 | 127.0 bp −$1,270 | 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 | 0.2195 | −1.147% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0246% | 1h | 0.2217 | −0.138% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2213 | −0.314% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2213 | −0.320% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0128% | 8h | 0.2220 | −0.034% | $22.4M | $155.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0126% | 8h | 0.2216 | −0.183% | $39.0M | $60.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0068% | 8h | 0.2216 | −0.201% | $12K | $382K | 10x | as long as short |
| Gate ARB_USDT | −0.0068% | 8h | 0.2219 | −0.075% | $5.4M | $19.9M | 60x | as long as short |
| Bybit ARBUSDT | −0.0037% | 8h | 0.2219 | −0.057% | $56.6M | $128.3M | 50x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2219 | −0.063% | $352K | $2.5M | 25x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Extended ARB-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTlong | −0.0006% | 8h | 0.2220 | long leg | $64.6M | $316.8M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2214 | −0.311% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2217 | −0.170% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2217 | −0.158% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0071% | 1h | 0.2216 | −0.201% | $120K | $286K | 50x | as long as short |
| Phemex ARBUSDT | +0.0079% | 8h | 0.2217 | −0.156% | $5.0M | $12.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2217 | −0.143% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2217 | −0.152% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | −0.003% | $38.7M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | −0.235% | $660K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2211 | −0.425% | $42K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2219 | −0.062% | $19.6M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2220 | −0.021% | $21.2M | $36.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2218 | −0.089% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | −0.273% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2215 | −0.227% | $481K | $3.7M | 10x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2215 | −0.237% | $87K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.291% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2218 | −0.111% | $298K | $991K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2217 | −0.152% | $507K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2217 | −0.142% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2214 | −0.290% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2218 | −0.116% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2214 | −0.308% | $480K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0525% | 1h | 0.2224 | +0.146% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Phemex ARBUSDT
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
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP