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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0446%/8h= −48.8% APRpaid last 24h −0.031%
Price spread now: GRVT against RISEx−0.039%55s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.278%−$28 on $10k
Price spread, last 5 days (all we have)+0.251%+$25 · spread now −0.039%, 7d avg −0.029%
Together, before fees−0.027%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ARB/USDC0.22500.0546pay 0.0068% / 1h26m 39s$495K$2.9M10x
ShortGRVT ARB_USDT_Perp0.22490.0100get 0.0100% / 8h2h 26m$480K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against RISEx. 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
−$93.68
Price spread: −0.039% → −0.029%
−$1.07
Slippage, 4 orders
−$33.56
Fee RISEx: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$143.31
Costs to cover
0.486%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 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 RISEx live order book, 2 min ago2.44 bp5.5 bp −$518.8 bp −$188doesn't fitdoesn't fit
Sell GRVT live order book, 2 min ago2.22 bp22.5 bp −$22123.4 bp −$1,234doesn'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 PERP−0.1675%1h0.2239−0.488%$40K$197K12xas long as short
01 Exchange ARBUSD−0.0288%1h0.2249−0.044%$7K$2K10xas long as short
Bybit ARBUSDT−0.0175%8h0.2249−0.057%$56.6M$136.1M50xas long as short
Variational Omni ARB−0.0172%8h0.2249−0.037%$1.9M$2.8Mas long as short
Deribit ARB_USDC-PERPETUAL−0.0150%1h0.2252+0.072%$38K$20K25xas long as short
OKX ARB-USDT-SWAP−0.0090%8h0.2248−0.102%$22.4M$166.1M50xas long as short
MEXC ARB_USDT−0.0089%8h0.2249−0.031%$37.9M$63.6M200xas long as short
SoDEX ARB-USD−0.0083%1h0.2251+0.023%$4K$2.9M5xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2251+0.060%$1.1M$5.3M50xas long as short
Orderly PERP_ARB_USDC−0.0015%8h0.2251+0.045%$10K$387K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ARB-USD−0.0002%1h0.2250−0.008%$78K$2.2M10xas long as short
dYdX ARB-USD0.0000%1h0.2250−0.007%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2252+0.079%$60K150xas long as short
Binance ARBUSDT+0.0007%8h0.2250−0.008%$64.0M$325.0M75xas long as short
Extended ARB-USD+0.0008%1h0.2248−0.103%$358K$2.4M25xas long as short
Gate ARB_USDT+0.0015%8h0.2249−0.039%$5.5M$21.6M60xas long as short
BloFin ARB-USDT+0.0033%8h0.2251+0.058%$3.0M$3.3M75xas long as short
Aevo ARB-PERP+0.0080%1h0.2252+0.086%$147K$12K3xas long as short
BingX ARB-USDC+0.0085%8h0.2249−0.053%$6.5Mas long as short
Bitget ARBUSDT+0.0086%8h0.2248−0.088%$21.1M$38.5M50xas long as short
Lighter ARB+0.0096%1h0.2251+0.067%$1.3M$7.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2251+0.063%$40.2M$53.2M10xas long as short
Aster ARBUSDT+0.0100%8h0.2249−0.054%$700K$1.8M20xas long as short
Pacifica ARB+0.0100%1h0.2251+0.032%$47K$200K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2250+0.001%$20.8M$17.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2249−0.057%$36K$453K20xas long as short
GRVT ARB_USDT_Perpshort+0.0100%8h0.2249−0.039%$480K$4.1M10x
ApeX Omni ARBUSDT+0.0100%1h0.2248−0.088%$122K$297K50xas long as short
SunX ARB-USDT+0.0100%8h0.2251+0.045%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2248−0.097%$276K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2252+0.089%$5.3M$13.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0154% / S −0.0018%1h0.2252+0.091%$853K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2252+0.107%$502K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2249−0.023%$2K$69520xas long as short
RISEx ARB/USDClong+0.0546%1h0.2250long leg$495K$2.9M10x
Backpack ARB_USDC_PERP+0.0580%1h0.2254+0.174%$1.1M$2.7M20xas long as short