Funding you earn now, next payment 02:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h −0.032%
Price spread now: SoDEX against GRVT+0.319%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)+0.206%+$21 · spread now +0.319%, 7d avg +0.021%
=Together, before fees+0.128%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.298% dearer against GRVT than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.021%): +$30 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 3 days (−0.078% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.078% in total (about -8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ARB_USDT_Perp | 0.2212 | 0.0100 | pay 0.0100% / 8h | 6h 24m | $471K | $3.7M | 10x |
| Short | SoDEX ARB-USD | 0.2219 | −0.0217 | pay 0.0027% / 1h | 24m 40s | $10K | $2.5M | 5x |
GRVT ARB_USDT_Perp
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$66.64
- Price spread: +0.319% → +0.021%
- $29.77
- Slippage, 4 orders
- −$30.79
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$84.66
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago | 2.26 bp | 19.8 bp −$20 | 64.1 bp −$641 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.23 bp | 5.4 bp −$5 | 18.5 bp −$185 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2203 | −0.391% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2220 | +0.364% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0217% | 1h | 0.2219 | +0.319% | $10K | $2.5M | 5x | |
| Variational Omni ARB | −0.0171% | 8h | 0.2211 | −0.017% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0119% | 8h | 0.2214 | +0.102% | $22.4M | $156.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0119% | 8h | 0.2215 | +0.142% | $39.5M | $60.1M | 200x | as long as short |
| Gate ARB_USDT | −0.0085% | 8h | 0.2219 | +0.323% | $5.4M | $19.9M | 60x | as long as short |
| ApeX Omni ARBUSDT | −0.0069% | 1h | 0.2211 | −0.029% | $119K | $293K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0065% | 1h | 0.2220 | +0.355% | $24K | $34K | 25x | as long as short |
| Bybit ARBUSDT | −0.0064% | 8h | 0.2215 | +0.165% | $56.7M | $128.9M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
ApeX Omni ARBUSDT
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2218 | +0.287% | $12K | $382K | 10x | as long as short |
| Binance ARBUSDT | −0.0002% | 8h | 0.2218 | +0.296% | $64.7M | $317.7M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2220 | +0.360% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2217 | +0.236% | $353K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2221 | +0.434% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | +0.384% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2218 | +0.301% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | +0.368% | $38.9M | $51.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | +0.337% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2219 | +0.311% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2219 | +0.314% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2217 | +0.242% | $21.2M | $36.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2218 | +0.269% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.011% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2212 | long leg | $471K | $3.7M | 10x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2221 | +0.414% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2220 | +0.377% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2219 | +0.323% | $298K | $998K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | +0.287% | $5.0M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2223 | +0.513% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2221 | +0.421% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2219 | +0.352% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2220 | +0.381% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2222 | +0.459% | $479K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0527% | 1h | 0.2221 | +0.436% | $1.0M | $2.9M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP