Funding you earn now, next payment 22:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.076%
Price spread now: GRVT against Reya−0.583%64s7-day average — · you buy dearer than you sell
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 airdropReya: Active · GRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GRVT is 0.583% cheaper against Reya than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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 | Reya ARBRUSDPERP | 0.2250 | 0.0291 | pay 0.0036% / 1h | 30m 12s | $2K | $695 | 20x |
| Short | GRVT ARB_USDT_Perp | 0.2237 | 0.0100 | get 0.0100% / 8h | 2h 30m | $483K | $4.1M | 10x |
Reya ARBRUSDPERP
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Reya. 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: −0.583% → 0.000%
- −$58.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$113.33
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; GRVT: live order book, 4 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 4 min ago | 2.23 bp | 41.6 bp −$42 | 157.2 bp −$1,572 | doesn't fit | doesn't fit |
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 | −0.402% | $40K | $197K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0328% | 1h | 0.2247 | −0.126% | $38K | $20K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2251 | +0.061% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0191% | 8h | 0.2247 | −0.153% | $56.5M | $136.2M | 50x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | −0.039% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2245 | −0.206% | $22.4M | $166.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0080% | 8h | 0.2251 | +0.030% | $38.0M | $63.5M | 200x | as long as short |
| SoDEX ARB-USD | −0.0075% | 1h | 0.2246 | −0.179% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2248 | −0.101% | $1.1M | $5.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0013% | 8h | 0.2248 | −0.090% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
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 | −0.051% | $66K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0003% | 1h | 0.2251 | +0.065% | $78K | $2.3M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0004% | 1h | 0.2250 | −0.019% | $58K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2247 | −0.154% | $63.9M | $325.5M | 75x | as long as short |
| Gate ARB_USDT | +0.0013% | 8h | 0.2250 | −0.002% | $5.5M | $21.6M | 60x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2246 | −0.198% | $358K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2250 | −0.010% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2248 | −0.077% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2246 | −0.179% | $21.1M | $38.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2248 | −0.104% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2248 | −0.086% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2254 | +0.176% | $40.3M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2252 | +0.073% | $701K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2249 | −0.033% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2253 | +0.114% | $20.8M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.407% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2237 | −0.583% | $483K | $4.1M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | −0.313% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2253 | +0.132% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2247 | −0.117% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2247 | −0.135% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2249 | −0.026% | $840K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.105% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERPlong | +0.0291% | 1h | 0.2250 | long leg | $2K | $695 | 20x | |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2254 | +0.190% | $496K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2253 | +0.132% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP