Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against GRVT−0.630%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.606%+$61 · spread now −0.630%, 7d avg −0.123%
=Together, before fees+0.573%+ Points / potential airdropGRVT: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.507% cheaper against GRVT than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ARB_USDT_Perp | 0.2221 | 0.0100 | pay 0.0100% / 8h | 2h 57m | $472K | $4.3M | 10x |
| Short | BingX ARB-USDC | 0.2207 | 0.0081 | get 0.0081% / 8h | 2h 57m | — | $6.5M | — |
GRVT ARB_USDT_Perp
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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
- −$3.99
- Price spread: −0.630% → −0.123%
- −$50.7
- Slippage, 4 orders
- −$53.23
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.92
- Costs to cover
- 0.722%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; BingX: live order book, 9 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 GRVT live order book, 2 min ago | 2.25 bp | 16.5 bp −$16 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.49 bp | 20.1 bp −$20 | 39.7 bp −$397 | 102.9 bp −$10.3K | 586.6 bp −$293.3K |
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 | −0.1675% | 1h | 0.2204 | −0.765% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2215 | −0.288% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0267% | 1h | 0.2214 | −0.297% | $69K | $2.3M | 10x | as long as short |
| Bybit ARBUSDT | −0.0258% | 8h | 0.2207 | −0.626% | $57.5M | $135.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0248% | 1h | 0.2210 | −0.509% | $36K | $18K | 25x | as long as short |
| SoDEX ARB-USD | −0.0223% | 1h | 0.2220 | −0.054% | $4K | $2.9M | 5x | as long as short |
| Variational Omni ARB | −0.0198% | 8h | 0.2217 | −0.194% | $1.9M | $2.8M | — | as long as short |
| MEXC ARB_USDT | −0.0065% | 8h | 0.2208 | −0.572% | $37.5M | $62.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0064% | 8h | 0.2207 | −0.626% | $22.2M | $163.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2222 | +0.050% | $1.2M | $5.2M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0006% | 8h | 0.2209 | −0.540% | $11K | $380K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2216 | −0.243% | $65K | $4K | 10x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2209 | −0.547% | $62.9M | $326.0M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2209 | −0.522% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2213 | −0.378% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0008% | 8h | 0.2222 | +0.027% | $3.1M | $3.2M | 75x | as long as short |
| Gate ARB_USDT | +0.0024% | 8h | 0.2208 | −0.563% | $5.4M | $21.4M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2211 | −0.470% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2209 | −0.540% | $20.8M | $38.8M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0081% | 8h | 0.2207 | −0.630% | — | $6.5M | — | |
| ApeX Omni ARBUSDT | +0.0091% | 1h | 0.2223 | +0.090% | $120K | $275K | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2215 | −0.248% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | −0.369% | $39.8M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | −0.355% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | −0.266% | $46K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2215 | −0.275% | $20.4M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2221 | +0.007% | $38K | $447K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2221 | long leg | $472K | $4.3M | 10x | |
| SunX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.405% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.081% | $272K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2221 | 0.000% | $5.3M | $13.8M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2226 | +0.225% | $501K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0189% | 1h | 0.2209 | −0.543% | $865K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2210 | −0.497% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0477% | 1h | 0.2224 | +0.131% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2217 | −0.169% | $486K | $2.9M | 10x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
BloFin ARB-USDT
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
ApeX Omni ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC