Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.007%
Price spread now: GRVT against BloFin−0.201%102s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$660.660% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.201%, 7d avg −0.018%
=Together, before fees−0.242%+ Points / potential airdropGRVT: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.183% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 102 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 | BloFin ARB-USDT | 0.2176 | 0.0192 | pay 0.0192% / 8h | 2h 37m | $3.0M | $2.4M | 75x |
| Short | GRVT ARB_USDT_Perp | 0.2172 | 0.0100 | get 0.0100% / 8h | 2h 37m | $470K | $3.5M | 10x |
BloFin ARB-USDT
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- −$19.33
- Price spread: −0.201% → −0.018%
- −$18.32
- Slippage, 4 orders
- −$45.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$103.68
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; GRVT: live order book, 1 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 BloFin live order book, 6 min ago | 2.98 bp | 12.6 bp −$13 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 2.30 bp | 27.9 bp −$28 | 147.2 bp −$1,472 | 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 | −0.1581% | 1h | 0.2159 | −0.799% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2183 | +0.299% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0136% | 1h | 0.2180 | +0.179% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2171 | −0.262% | $1.7M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0088% | 8h | 0.2184 | +0.363% | $21.6M | $142.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0087% | 8h | 0.2185 | +0.400% | $42.1M | $61.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2182 | +0.239% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2183 | +0.308% | $54.2M | $123.8M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0056% | 8h | 0.2180 | +0.165% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | +0.339% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2182 | +0.239% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2181 | +0.193% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0050% | 8h | 0.2184 | +0.349% | $20.9M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0054% | 8h | 0.2184 | +0.358% | $5.4M | $18.1M | 60x | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2184 | +0.338% | $348K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2184 | +0.368% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0074% | 8h | 0.2184 | +0.371% | $62.6M | $300.0M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2184 | +0.368% | $441K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2183 | +0.326% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2181 | +0.226% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | +0.289% | $36.6M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | +0.352% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | +0.322% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2182 | +0.253% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2173 | −0.158% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2172 | −0.201% | $470K | $3.5M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2173 | −0.156% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2181 | +0.211% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2181 | +0.193% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2182 | +0.266% | $291K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2179 | +0.119% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0192% | 8h | 0.2176 | long leg | $3.0M | $2.4M | 75x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2180 | +0.173% | $823K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2187 | +0.496% | $504K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | +0.207% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0671% | 1h | 0.2183 | +0.326% | $979K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BingX ARB-USDC
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP