Funding you earn now, next payment 00:00 UTC+0.0175%/8h= +19.2% APRnext payment +$1.75 per $10,000 · paid last 24h +0.014%
Price spread now: GRVT against MEXC−0.200%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days+0.222%+$22 · spread now −0.200%, 7d avg +0.051%
=Together, before fees+0.400%+ Points / potential airdropGRVT: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.250% cheaper against MEXC than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of +0.051%). If the spread goes back, that is −$25 on $10k: about 4.8 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.178% in total) that is about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARB_USDT | 0.2241 | −0.0075 | get 0.0075% / 8h | 2h 32m | $37.7M | $63.4M | 200x |
| Short | GRVT ARB_USDT_Perp | 0.2237 | 0.0100 | get 0.0100% / 8h | 2h 32m | $483K | $4.1M | 10x |
MEXC ARB_USDT
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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
- $36.75
- Price spread: −0.200% → +0.051%
- −$25.03
- Slippage, 4 orders
- −$41.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$38.31
- Costs to cover
- 0.500%
- Break-even
- 14.3 days
Slippage from MEXC: live order book, 1 min ago; GRVT: 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 MEXC live order book, 1 min ago | 0.22 bp | 0.3 bp $0 | 7.5 bp −$75 | 39.5 bp −$3,950 | 74.2 bp −$37.1K |
| Sell GRVT live order book, 1 min ago | 2.23 bp | 41.6 bp −$42 | 157.2 bp −$1,572 | 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 PERP | −0.1675% | 1h | 0.2223 | −0.821% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0296% | 1h | 0.2242 | +0.036% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0201% | 8h | 0.2243 | +0.089% | $56.6M | $136.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2244 | +0.098% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0178% | 8h | 0.2229 | −0.532% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0077% | 8h | 0.2243 | +0.067% | $22.3M | $166.3M | 50x | as long as short |
| MEXC ARB_USDTlong | −0.0075% | 8h | 0.2241 | long leg | $37.7M | $63.4M | 200x | |
| SoDEX ARB-USD | −0.0053% | 1h | 0.2241 | −0.018% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2242 | +0.049% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2242 | +0.027% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
OKX ARB-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0003% | 1h | 0.2244 | +0.120% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | −0.001% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2244 | +0.125% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2241 | −0.035% | $357K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2243 | +0.071% | $5.5M | $21.6M | 60x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2244 | +0.107% | $63.8M | $325.9M | 75x | as long as short |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2241 | −0.036% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2244 | +0.111% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2242 | +0.040% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2243 | +0.071% | $21.1M | $38.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | +0.156% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2247 | +0.232% | $40.2M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | +0.002% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2240 | −0.067% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | +0.045% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2236 | −0.240% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2237 | −0.200% | $483K | $4.1M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.286% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2245 | +0.161% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | +0.129% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2243 | +0.071% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2245 | +0.142% | $823K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2240 | −0.045% | $500K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2244 | +0.095% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2244 | +0.136% | $493K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0564% | 1h | 0.2246 | +0.205% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Gate ARB_USDT
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
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
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP