Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: edgeX against GRVT−0.015%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.015%, 7d avg −0.014%

Together, before fees+0.169%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ARB_USDT_Perp	0.2258	0.0100	pay 0.0100% / 8h	57m 51s	$491K	$3.7M	10x
Short	edgeX ARBUSDC	0.2258	0.0100	get 0.0050% / 4h	57m 51s	$40K	$463K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee edgeXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → −0.014%: −$0.13
Slippage, 4 orders: −$74.66
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$92.79
Costs to cover: 0.927%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 21 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	2.20 bp	17.5 bp −$17	93.8 bp −$938	doesn't fit	doesn't fit
Sell edgeX live order book, 21 min ago	13.40 bp	22.4 bp −$22	98.9 bp −$989	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	0.2247	−0.487%	$41K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0344%	1h	0.2261	+0.120%	$4K	$2.7M	5x	as long as short
01 Exchange ARBUSD	−0.0200%	1h	0.2266	+0.363%	$7K	$2K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0191%	1h	0.2264	+0.270%	$26K	$32K	25x	as long as short
Variational Omni ARB	−0.0176%	8h	0.2256	−0.073%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0161%	8h	0.2263	+0.226%	$58.5M	$130.5M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0102%	8h	0.2263	+0.204%	$22.7M	$160.3M	50x	as long as short
Polymarket Perps ARB-USD	−0.0101%	1h	0.2266	+0.341%	$77K	$2.0M	10x	as long as short
MEXC ARB_USDT	−0.0099%	8h	0.2264	+0.252%	$37.5M	$58.9M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0041%	8h	0.2264	+0.266%	$12K	$399K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2269	+0.473%	$67K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2263	+0.237%	$360K	$2.3M	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2264	+0.252%	$65.1M	$313.7M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2265	+0.315%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0034%	8h	0.2264	+0.266%	$5.5M	$19.9M	60x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2264	+0.266%	$21.4M	$36.8M	50x	as long as short
BingX ARB-USDC	+0.0069%	8h	0.2263	+0.226%	—	$6.5M	—	as long as short
BloFin ARB-USDT	+0.0080%	8h	0.2260	+0.075%	$3.1M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2263	+0.199%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2266	+0.341%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2267	+0.390%	$40.9M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2264	+0.267%	$705K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2268	+0.461%	$47K	$193K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2265	+0.292%	$20.4M	$16.3M	75x	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2258	−0.015%	$40K	$463K	20x
GRVT ARB_USDT_Perplong	+0.0100%	8h	0.2258	long leg	$491K	$3.7M	10x
ApeX Omni ARBUSDT	+0.0100%	1h	0.2258	0.000%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2263	+0.221%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2262	+0.159%	$283K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2261	+0.133%	$5.2M	$13.2M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2268	+0.443%	$511K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2263	+0.205%	$1.2M	$4.9M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0157%	1h	0.2265	+0.303%	$849K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2264	+0.250%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2268	+0.425%	$503K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0470%	1h	0.2264	+0.270%	$888K	$2.8M	20x	as long as short