Funding you earn now, next payment 03:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.053%
Price spread now: GRVT against Deribit+0.150%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.150% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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 | Deribit ARB_USDC-PERPETUAL | 0.2232 | −0.0064 | get 0.0008% / 1h | 15m 52s | $25K | $34K | 25x |
| Short | GRVT ARB_USDT_Perp | 0.2235 | 0.0100 | get 0.0100% / 8h | 5h 15m | $484K | $3.6M | 10x |
Deribit ARB_USDC-PERPETUAL
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Deribit. 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
- $34.44
- Price spread: +0.150% → 0.000%
- $15.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $33.45
- Costs to cover
- 0.160%
- Break-even
- 0.2 days
Slippage unknown: Deribit: no order-book sample; GRVT: live order book, 3 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 3 min ago | 2.24 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1577% | 1h | 0.2225 | −0.314% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0144% | 8h | 0.2231 | −0.058% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0139% | 8h | 0.2226 | −0.255% | $22.4M | $150.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0138% | 8h | 0.2228 | −0.157% | $38.4M | $59.3M | 200x | as long as short |
| Gate ARB_USDT | −0.0113% | 8h | 0.2230 | −0.103% | $5.4M | $19.2M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2231 | −0.058% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0105% | 1h | 0.2231 | −0.054% | $89K | $2.1M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2232 | −0.013% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0087% | 8h | 0.2227 | −0.224% | $56.7M | $126.0M | 50x | as long as short |
| SoDEX ARB-USD | −0.0078% | 1h | 0.2231 | −0.058% | $10K | $2.4M | 5x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2232 | 0.000% | $13K | $386K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0064% | 1h | 0.2232 | long leg | $25K | $34K | 25x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2231 | −0.056% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2233 | +0.045% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2228 | −0.197% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0026% | 8h | 0.2230 | −0.099% | $65.1M | $306.8M | 75x | as long as short |
| Phemex ARBUSDT | +0.0054% | 8h | 0.2231 | −0.045% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0079% | 8h | 0.2227 | −0.224% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0081% | 8h | 0.2229 | −0.125% | — | $54.0M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2232 | +0.014% | $142K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2230 | −0.085% | $3.1M | $2.7M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2231 | −0.049% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2231 | −0.049% | $38.7M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2231 | −0.025% | $653K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | −0.106% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | −0.112% | $19.7M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2235 | +0.114% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2235 | +0.150% | $484K | $3.6M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2241 | +0.403% | $121K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2232 | 0.000% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2230 | −0.085% | $303K | $940K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2237 | +0.224% | $505K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2232 | −0.016% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2233 | +0.035% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2230 | −0.087% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0579% | 1h | 0.2233 | +0.045% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP