Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against GRVT+0.038%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 3 days (all we have)+0.376%+$38 · spread now +0.038%, 7d avg +0.045%
=Together, before fees+0.432%+ Points / potential airdropGRVT: Active · farm board+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ARB_USDT_Perp | 0.2262 | 0.0100 | pay 0.0100% / 8h | 2m 32s | $482K | $3.6M | 10x |
| Short | BloFin ARB-USDT | 0.2263 | 0.0120 | get 0.0120% / 8h | 2m 32s | $3.1M | $2.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.17
- Price spread: +0.038% → +0.045%
- −$0.7
- Slippage, 4 orders
- −$27.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.3
- Costs to cover
- 0.488%
- Break-even
- 83.0 days
Slippage from GRVT: live order book, 1 min ago; BloFin: 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 GRVT live order book, 1 min ago | 2.21 bp | 11.1 bp −$11 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.99 bp | 11.4 bp −$11 | 20.1 bp −$201 | 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 | −0.1785% | 1h | 0.2256 | −0.267% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0217% | 1h | 0.2264 | +0.104% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2260 | −0.086% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2255 | −0.300% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0183% | 8h | 0.2260 | −0.112% | $58.3M | $128.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0177% | 1h | 0.2264 | +0.078% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0113% | 8h | 0.2261 | −0.068% | $22.8M | $158.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2263 | +0.038% | $38.4M | $60.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2265 | +0.131% | $13K | $394K | 10x | as long as short |
| Gate ARB_USDT | −0.0018% | 8h | 0.2264 | +0.069% | $5.4M | $20.3M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0001% | 8h | 0.2261 | −0.033% | $66.6M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2265 | +0.138% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2259 | −0.153% | $361K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2265 | +0.122% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | +0.158% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0051% | 8h | 0.2261 | −0.046% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0052% | 8h | 0.2260 | −0.077% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2266 | +0.161% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2265 | +0.122% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2266 | +0.153% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2266 | +0.158% | $704K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2266 | +0.159% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2263 | +0.065% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | −0.023% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2262 | long leg | $482K | $3.6M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2263 | +0.043% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.219% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2263 | +0.065% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2264 | +0.087% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDTshort | +0.0120% | 8h | 0.2263 | +0.038% | $3.1M | $2.8M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2269 | +0.308% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2266 | +0.182% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2264 | +0.068% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2265 | +0.135% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2262 | +0.007% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0465% | 1h | 0.2266 | +0.188% | $1.0M | $2.8M | 20x | as long as short |
GRVT ARB_USDT_Perp
BloFin ARB-USDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP