Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1371.370% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARB/USDC PERP0.2268−0.1785get 0.0223% / 1h31m 27s$41K$372K12x
ShortGRVT ARB_USDT_Perp0.22780.0100get 0.0100% / 8h31m 27s$486K$3.7M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 48 min ago51.37 bp51.4 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 2 min ago4.39 bp21.8 bp −$2261.8 bp −$618doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERPlong−0.1785%1h0.2268long leg$41K$372K12x
Polymarket Perps ARB-USD−0.0279%1h0.2277+0.384%$75K$2.0M10xas long as short
Variational Omni ARB−0.0182%8h0.2273+0.233%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0168%1h0.2276+0.362%$7K$2K10xas long as short
Bybit ARBUSDT−0.0163%8h0.2276+0.375%$58.6M$128.4M50xas long as short
MEXC ARB_USDT−0.0109%8h0.2276+0.357%$38.3M$59.7M200xas long as short
OKX ARB-USDT-SWAP−0.0109%8h0.2277+0.388%$23.0M$160.4M50xas long as short
SoDEX ARB-USD−0.0070%1h0.2281+0.569%$4K$2.6M5xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2281+0.573%$13K$395K10xas long as short
dYdX ARB-USD0.0000%1h0.2279+0.472%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2282+0.613%$26K$32K25xas long as short
Gate ARB_USDT+0.0004%8h0.2277+0.401%$5.5M$20.2M60xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2282+0.621%$56K150xas long as short
Extended ARB-USD+0.0008%1h0.2275+0.328%$363K$2.3M25xas long as short
Binance ARBUSDT+0.0011%8h0.2277+0.406%$66.8M$313.8M75xas long as short
BloFin ARB-USDT+0.0036%8h0.2278+0.459%$3.1M$2.8M75xas long as short
Bitget ARBUSDT+0.0066%8h0.2277+0.397%$21.5M$35.9M50xas long as short
BingX ARB-USDT+0.0067%8h0.2277+0.384%$53.6Mas long as short
Aevo ARB-PERP+0.0080%1h0.2282+0.607%$149K$12K3xas long as short
Lighter ARB+0.0096%1h0.2278+0.454%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2281+0.556%$41.5M$47.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2277+0.397%$709K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2278+0.438%$48K$185K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2277+0.397%$19.8M$16.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2278+0.448%$40K$463K20xas long as short
GRVT ARB_USDT_Perpshort+0.0100%8h0.2278+0.455%$486K$3.7M10x
ApeX Omni ARBUSDT+0.0100%1h0.2278+0.441%$123K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2283+0.661%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2277+0.414%$291K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2279+0.485%$5.2M$13.1M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2282+0.617%$514K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0234%1h0.2283+0.649%$1.2M$4.9M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2276+0.367%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2283+0.642%$931K150xas long as short
RISEx ARB/USDC+0.0330%1h0.2279+0.477%$504K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0485%1h0.2283+0.679%$928K$2.8M20xas long as short