Funding you earn now, next payment 22:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.076%
Price spread now: Reya against GRVT+0.522%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.522% dearer against GRVT than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ARB_USDT_Perp | 0.2237 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $483K | $4.1M | 10x |
| Short | Reya ARBRUSDPERP | 0.2249 | 0.0291 | get 0.0036% / 1h | 30m 54s | $2K | $695 | 20x |
GRVT ARB_USDT_Perp
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $40.05
- Price spread: +0.522% → 0.000%
- $52.25
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $77.3
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 3 min ago; Reya: 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 | 2.23 bp | 6.7 bp −$7 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.1675% | 1h | 0.2241 | +0.182% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0296% | 1h | 0.2249 | +0.522% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0193% | 8h | 0.2249 | +0.526% | $56.7M | $136.1M | 50x | as long as short |
| Variational Omni ARB | −0.0178% | 8h | 0.2229 | −0.333% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0150% | 1h | 0.2251 | +0.620% | $38K | $20K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2247 | +0.459% | $22.4M | $166.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0079% | 8h | 0.2249 | +0.544% | $37.9M | $63.5M | 200x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2249 | +0.549% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2250 | +0.601% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0013% | 8h | 0.2250 | +0.585% | $10K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
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 | 0.2249 | +0.544% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2251 | +0.618% | $57K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0005% | 1h | 0.2249 | +0.558% | $78K | $2.3M | 10x | as long as short |
| Gate ARB_USDT | +0.0012% | 8h | 0.2249 | +0.544% | $5.5M | $21.6M | 60x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2248 | +0.509% | $63.9M | $326.0M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2248 | +0.507% | $358K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2250 | +0.576% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2251 | +0.650% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2248 | +0.495% | $21.1M | $38.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2248 | +0.477% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2250 | +0.567% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2251 | +0.647% | $40.3M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2251 | +0.641% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2250 | +0.589% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2251 | +0.629% | $20.8M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | +0.177% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2237 | long leg | $483K | $4.1M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | +0.272% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2250 | +0.585% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2250 | +0.576% | $277K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2250 | +0.585% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0165% | 1h | 0.2251 | +0.630% | $817K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.692% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERPshort | +0.0291% | 1h | 0.2249 | +0.522% | $2K | $695 | 20x | |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2251 | +0.636% | $495K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2253 | +0.719% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP