Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against GRVT+0.256%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.256% dearer against GRVT than usual: you sell high and buy low (spread +0.256% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ARB_USDT_Perp	0.2182	0.0100	pay 0.0100% / 8h	2h 21m	$464K	$3.5M	10x
Short	gTrade (Gains Network) ARB/USD	0.2187	L +0.0005% / S −0.0009%	get 0.0001% / 1h	21m 07s	$44K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.256%Rate

Funding earned: −$19.05
Price spread: +0.256% → 0.000%: $25.6
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$12.44
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: GRVT: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. 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 GRVT live order book, 3 min ago	2.29 bp	24.7 bp −$25	84.1 bp −$841	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1581%	1h	0.2176	−0.266%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2188	+0.297%	$7K	$236	10x	as long as short
Variational Omni ARB	−0.0096%	8h	0.2174	−0.340%	$1.8M	$3.0M	—	as long as short
Polymarket Perps ARB-USD	−0.0094%	1h	0.2186	+0.210%	$78K	$2.1M	10x	as long as short
Bybit ARBUSDT	−0.0076%	8h	0.2185	+0.132%	$54.6M	$124.3M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0074%	1h	0.2188	+0.262%	$1.0M	$4.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0060%	8h	0.2187	+0.256%	$21.6M	$143.3M	50x	as long as short
MEXC ARB_USDT	−0.0060%	8h	0.2188	+0.270%	$41.6M	$61.4M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0048%	8h	0.2186	+0.192%	$12K	$409K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2188	+0.265%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2187	+0.229%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0009%	1h	0.2187	+0.256%	$44K	—	150x
Bitget ARBUSDT	+0.0057%	8h	0.2186	+0.192%	$20.9M	$34.3M	50x	as long as short
Gate ARB_USDT	+0.0076%	8h	0.2188	+0.265%	$5.4M	$18.2M	60x	as long as short
BingX ARB-USDT	+0.0084%	8h	0.2187	+0.242%	—	$53.8M	—	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2188	+0.287%	$444K	$2.6M	10x	as long as short
Extended ARB-USD	+0.0088%	1h	0.2184	+0.115%	$347K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0090%	8h	0.2186	+0.185%	$62.5M	$300.1M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2186	+0.192%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2189	+0.339%	$36.6M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2187	+0.219%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2188	+0.298%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2187	+0.256%	$19.5M	$14.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2182	−0.005%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perplong	+0.0100%	8h	0.2182	long leg	$464K	$3.5M	10x
ApeX Omni ARBUSDT	+0.0100%	1h	0.2182	+0.009%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2191	+0.421%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2186	+0.183%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2186	+0.196%	$292K	$890K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2184	+0.100%	$4.9M	$12.7M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2187	+0.256%	$139K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0210%	8h	0.2185	+0.164%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2186	+0.211%	$828K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2191	+0.421%	$508K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2186	+0.210%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0708%	1h	0.2189	+0.329%	$981K	$2.8M	20x	as long as short