Funding you earn now, next payment 23:00 UTC+0.0205%/8h= +22.4% APRpaid last 24h +0.029%
Price spread now: GRVT against SoDEX+0.114%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 3 days (all we have)−0.839%−$84 · spread now +0.114%, 7d avg −0.032%
=Together, before fees−0.777%+ Points / potential airdropGRVT: Active · farm board−$78 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.145% dearer against SoDEX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.062% in total (about 7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2238 | −0.0105 | get 0.0013% / 1h | 33m 14s | $4K | $2.8M | 5x |
| Short | GRVT ARB_USDT_Perp | 0.2240 | 0.0100 | get 0.0100% / 8h | 1h 33m | $475K | $4.0M | 10x |
SoDEX ARB-USD
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against SoDEX. 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
- $43.05
- Price spread: +0.114% → −0.032%
- $14.53
- Slippage, 4 orders
- −$43.99
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$3.42
- Costs to cover
- 0.610%
- Break-even
- 7.6 days
Slippage from SoDEX: live order book, 1 min ago; GRVT: live order book, 6 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 SoDEX live order book, 1 min ago | 0.22 bp | 5.3 bp −$5 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 2.23 bp | 30.2 bp −$30 | 104.7 bp −$1,047 | 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 | −0.1770% | 1h | 0.2226 | −0.514% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2242 | +0.210% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2240 | +0.098% | $26K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0163% | 8h | 0.2239 | +0.062% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2235 | −0.089% | $57.7M | $135.2M | 50x | as long as short |
| SoDEX ARB-USDlong | −0.0105% | 1h | 0.2238 | long leg | $4K | $2.8M | 5x | |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2235 | −0.089% | $22.4M | $162.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2243 | +0.241% | $37.5M | $62.4M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0072% | 1h | 0.2243 | +0.228% | $76K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0030% | 8h | 0.2239 | +0.067% | $10K | $393K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2237 | 0.000% | $356K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0007% | 8h | 0.2238 | +0.030% | $63.9M | $321.3M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2243 | +0.234% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2243 | +0.240% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0032% | 8h | 0.2242 | +0.210% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2241 | +0.140% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2242 | +0.201% | $21.0M | $37.7M | 50x | as long as short |
| BingX ARB-USDC | +0.0082% | 8h | 0.2240 | +0.134% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2240 | +0.099% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2239 | +0.058% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2246 | +0.362% | $40.1M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | +0.219% | $697K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2243 | +0.223% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2244 | +0.282% | $20.7M | $16.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | +0.111% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2240 | +0.114% | $475K | $4.0M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2241 | +0.156% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2241 | +0.156% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.067% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2238 | +0.022% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2238 | +0.036% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2241 | +0.156% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2243 | +0.252% | $842K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2241 | +0.169% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2244 | +0.311% | $495K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0640% | 1h | 0.2243 | +0.259% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP