Funding you earn now, next payment 00:00 UTC+0.1885%/8h= +206.4% APRpaid last 24h +0.497%
Price spread now: GRVT against Injective+0.455%108s7-day average +0.440% · you sell dearer than you buy
Net, funding: paid 7d − costs+$222as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.370% of the position
Funding, last 7 days+3.593%+$359 on $10k
+Price spread, last 3 days (all we have)−0.665%−$66 · spread now +0.455%, 7d avg +0.440%
=Together, before fees+2.928%+ Points / potential airdropGRVT: Active · farm board+$293 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.440%, so right now this pair is about funding alone: +$57 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2268 | −0.1785 | get 0.0223% / 1h | 31m 27s | $41K | $372K | 12x |
| Short | GRVT ARB_USDT_Perp | 0.2278 | 0.0100 | get 0.0100% / 8h | 31m 27s | $486K | $3.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Injective. 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
- $395.76
- Price spread: +0.455% → +0.440%
- $1.46
- Slippage, 4 orders
- −$127.94
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $260.26
- Costs to cover
- 1.370%
- Break-even
- 2.4 days
Slippage from Injective: live order book, 48 min ago; GRVT: live order book, 2 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 Injective live order book, 48 min ago | 51.37 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 4.39 bp | 21.8 bp −$22 | 61.8 bp −$618 | 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 PERPlong | −0.1785% | 1h | 0.2268 | long leg | $41K | $372K | 12x | |
| Polymarket Perps ARB-USD | −0.0279% | 1h | 0.2277 | +0.384% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2273 | +0.233% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2276 | +0.362% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0163% | 8h | 0.2276 | +0.375% | $58.6M | $128.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2276 | +0.357% | $38.3M | $59.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2277 | +0.388% | $23.0M | $160.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0070% | 1h | 0.2281 | +0.569% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2281 | +0.573% | $13K | $395K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2279 | +0.472% | $67K | $4K | 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 | 0.2282 | +0.613% | $26K | $32K | 25x | as long as short |
| Gate ARB_USDT | +0.0004% | 8h | 0.2277 | +0.401% | $5.5M | $20.2M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2282 | +0.621% | $56K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2275 | +0.328% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0011% | 8h | 0.2277 | +0.406% | $66.8M | $313.8M | 75x | as long as short |
| BloFin ARB-USDT | +0.0036% | 8h | 0.2278 | +0.459% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2277 | +0.397% | $21.5M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2277 | +0.384% | — | $53.6M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2282 | +0.607% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2278 | +0.454% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2281 | +0.556% | $41.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2277 | +0.397% | $709K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2278 | +0.438% | $48K | $185K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2277 | +0.397% | $19.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2278 | +0.448% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2278 | +0.455% | $486K | $3.7M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2278 | +0.441% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2283 | +0.661% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2277 | +0.414% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2279 | +0.485% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2282 | +0.617% | $514K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0234% | 1h | 0.2283 | +0.649% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2276 | +0.367% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2283 | +0.642% | $931K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2279 | +0.477% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0485% | 1h | 0.2283 | +0.679% | $928K | $2.8M | 20x | as long as short |
Injective ARB/USDC PERP
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP