Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$2.10 per $10,000 · paid last 24h −0.025%
Price spread now: MEXC against GRVT+0.487%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days−0.602%−$60 · spread now +0.487%, 7d avg −0.055%
=Together, before fees−0.799%+ Points / potential airdropGRVT: Active · farm board−$80 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.542% dearer against GRVT than usual: you sell high and buy low (spread +0.487% now, against its 7-day average of −0.055%): +$54 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.197% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ARB_USDT_Perp | 0.2263 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $486K | $3.5M | 10x |
| Short | MEXC ARB_USDT | 0.2274 | −0.0110 | pay 0.0110% / 8h | 7h 13m | $39.0M | $59.3M | 200x |
GRVT ARB_USDT_Perp
MEXC ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$44.1
- Price spread: +0.487% → −0.055%
- $54.2
- Slippage, 4 orders
- −$48.28
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.18
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago | 2.21 bp | 19.5 bp −$19 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.22 bp | 0.5 bp −$1 | 27.7 bp −$277 | 45.8 bp −$4,583 | 71.6 bp −$35.8K |
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 | −0.1666% | 1h | 0.2264 | +0.036% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2262 | −0.061% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0190% | 1h | 0.2274 | +0.478% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2273 | +0.451% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2276 | +0.563% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0125% | 8h | 0.2273 | +0.456% | $59.1M | $126.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2274 | +0.474% | $23.1M | $158.4M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0110% | 8h | 0.2274 | +0.487% | $39.0M | $59.3M | 200x | |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2273 | +0.447% | $6K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2273 | +0.434% | $12K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2278 | +0.672% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2275 | +0.515% | $33K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2273 | +0.443% | $366K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2273 | +0.434% | $67.2M | $310.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0072% | 8h | 0.2273 | +0.456% | $3.2M | $2.9M | 75x | as long as short |
| BingX ARB-USDT | +0.0088% | 8h | 0.2273 | +0.456% | — | $54.3M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2276 | +0.551% | $144K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0095% | 8h | 0.2274 | +0.478% | $21.8M | $35.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2275 | +0.540% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.566% | $41.3M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2274 | +0.499% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2276 | +0.588% | $46K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2274 | +0.482% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2274 | +0.469% | $19.8M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | −0.032% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2263 | long leg | $486K | $3.5M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | +0.036% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2276 | +0.553% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2273 | +0.434% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2276 | +0.580% | $297K | $979K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2272 | +0.390% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2274 | +0.478% | $523K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2275 | +0.503% | $901K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | +0.378% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2276 | +0.588% | $520K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0609% | 1h | 0.2278 | +0.637% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP