Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.005%
Price spread now: GRVT against Bitget−0.394%83s7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 7 days+0.432%+$43 · spread now −0.394%, 7d avg +0.073%
Together, before fees+0.532%+ Points / potential airdropGRVT: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.467% cheaper against Bitget than usual: you would sell low and buy high (spread −0.394% now, against its 7-day average of +0.073%). If the spread goes back, that is −$47 on $10k: about 49 days of funding at the current rate (+$1 a day). The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.22060.0068pay 0.0068% / 8h4h 54m$21.0M$34.6M50x
ShortGRVT ARB_USDT_Perp0.21970.0100get 0.0100% / 8h4h 54m$467K$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: −0.394% → +0.073%
−$46.73
Slippage, 4 orders
−$46.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$107.47
Costs to cover
0.675%
Break-even
118.9 days
Slippage from Bitget: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.27 bp12.0 bp −$1222.3 bp −$223130.4 bp −$13.0Kdoesn't fit
Sell GRVT live order book, 5 min ago2.27 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2196−0.453%$40K$372K12xas long as short
OKX ARB-USDT-SWAP−0.0142%8h0.2207+0.032%$22.2M$148.5M50xas long as short
MEXC ARB_USDT−0.0142%8h0.2207+0.027%$41.0M$59.5M200xas long as short
Variational Omni ARB−0.0125%8h0.2208+0.076%$1.8M$2.9Mas long as short
Deribit ARB_USDC-PERPETUAL−0.0112%1h0.2206+0.014%$24K$34K25xas long as short
01 Exchange ARBUSD−0.0104%1h0.2206−0.005%$7K$2K10xas long as short
Gate ARB_USDT−0.0102%8h0.2207+0.045%$5.4M$18.6M60xas long as short
Orderly PERP_ARB_USDC−0.0078%8h0.2207+0.045%$13K$388K10xas long as short
SoDEX ARB-USD−0.0057%1h0.2207+0.023%$10K$2.3M5xas long as short
Bybit ARBUSDT−0.0053%8h0.2207+0.032%$55.9M$126.0M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARBUSD−0.0006%1h0.2208+0.106%$1.1M$4.4M50xas long as short
dYdX ARB-USD0.0000%1h0.2208+0.075%$65K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0012%1h0.2207+0.067%$10K150xas long as short
Polymarket Perps ARB-USD+0.0005%1h0.2206+0.009%$87K$2.1M10xas long as short
Binance ARBUSDT+0.0014%8h0.2207+0.036%$64.4M$306.7M75xas long as short
Extended ARB-USD+0.0016%1h0.2206−0.007%$351K$2.5M25xas long as short
ApeX Omni ARBUSDT+0.0046%1h0.2199−0.317%$119K$283K50xas long as short
BloFin ARB-USDT+0.0057%8h0.2204−0.091%$3.1M$2.6M75xas long as short
Bitget ARBUSDTlong+0.0068%8h0.2206long leg$21.0M$34.6M50x
BingX ARB-USDC+0.0070%8h0.2204−0.073%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2208+0.068%$140K$7K3xas long as short
Lighter ARB+0.0096%1h0.2207+0.023%$1.2M$5.7M15xas long as short
Phemex ARBUSDT+0.0100%8h0.22060.000%$4.9M$12.9M50xas long as short
Hyperliquid ARB+0.0100%1h0.2207+0.041%$38.2M$48.6M10xas long as short
Aster ARBUSDT+0.0100%8h0.2206+0.022%$637K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2207+0.053%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2208+0.073%$19.5M$15.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2199−0.297%$40K$461K20xas long as short
GRVT ARB_USDT_Perpshort+0.0100%8h0.2197−0.394%$467K$3.6M10x
SunX ARB-USDT+0.0100%8h0.2209+0.136%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2207+0.045%$300K$955K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2211+0.227%$495K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2207+0.052%$485K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2208+0.076%$823K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2206+0.008%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0640%1h0.2210+0.181%$995K$2.8M20xas long as short