Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.8% APRnext payment +$1.53 per $10,000 · paid last 24h +0.029%
Price spread now: GRVT against Bybit+0.222%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days−0.303%−$30 · spread now +0.222%, 7d avg +0.064%
=Together, before fees−0.171%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.158% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2187 | −0.0053 | get 0.0053% / 8h | 3h 13m | $55.2M | $123.1M | 50x |
| Short | GRVT ARB_USDT_Perp | 0.2192 | 0.0100 | get 0.0100% / 8h | 3h 13m | $468K | $3.5M | 10x |
Bybit ARBUSDT
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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
- $32.13
- Price spread: +0.222% → +0.064%
- $15.81
- Slippage, 4 orders
- −$50.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$22.95
- Costs to cover
- 0.709%
- Break-even
- 12.0 days
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.23 bp | 9.2 bp −$9 | 18.2 bp −$182 | 49.3 bp −$4,934 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 2.28 bp | 37.4 bp −$37 | 71.8 bp −$718 | 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 | −0.1589% | 1h | 0.2183 | −0.192% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2189 | +0.091% | $69K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2188 | +0.023% | $41.3M | $60.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2187 | −0.005% | $22.0M | $141.7M | 50x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2191 | +0.168% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0063% | 8h | 0.2190 | +0.128% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0053% | 8h | 0.2187 | long leg | $55.2M | $123.1M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2191 | +0.190% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2190 | +0.123% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | +0.154% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Orderly PERP_ARB_USDC
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
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 | 0.2191 | +0.160% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2190 | +0.146% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0005% | 8h | 0.2190 | +0.114% | $5.3M | $18.2M | 60x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2188 | +0.037% | $20.8M | $33.8M | 50x | as long as short |
| BingX ARB-USDC | +0.0053% | 8h | 0.2187 | +0.009% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0056% | 1h | 0.2186 | −0.040% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0056% | 8h | 0.2188 | +0.036% | $63.9M | $298.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2190 | +0.114% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2191 | +0.181% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2191 | +0.178% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | +0.161% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2189 | +0.083% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2190 | +0.105% | $19.6M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2191 | +0.176% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2192 | +0.222% | $468K | $3.5M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | +0.311% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.265% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2190 | +0.128% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.169% | $296K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2190 | +0.128% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2191 | +0.169% | $444K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0176% | 8h | 0.2191 | +0.155% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2193 | +0.265% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2191 | +0.166% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2189 | +0.098% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0578% | 1h | 0.2193 | +0.265% | $984K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
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
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP