Funding you earn now, next payment 00:00 UTC+0.0276%/8h= +30.3% APRnext payment +$2.76 per $10,000 · paid last 24h −0.013%
Price spread now: GRVT against Variational Omni−0.067%104s7-day average +0.044% · 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)−0.003%$0 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now −0.067%, 7d avg +0.044%
=Together, before fees+0.139%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.111% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.044%). If the spread goes back, that is −$11 on $10k: about 32 hours of funding at the current rate (+$8 a day). The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.003% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.76 per $10,000. 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 | Variational Omni ARB | 0.2256 | −0.0176 | get 0.0176% / 8h | 59m 43s | $1.9M | $2.7M | — |
| Short | GRVT ARB_USDT_Perp | 0.2255 | 0.0100 | get 0.0100% / 8h | 59m 43s | $477K | $3.8M | 10x |
Variational Omni ARB
GRVT ARB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Variational Omni. 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
- $58.03
- Price spread: −0.067% → +0.044%
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $37.96
- Costs to cover
- 0.090%
- Break-even
- 2.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; 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 Variational Omni RFQ quote, 4 min ago | 6.64 bp | doesn't fit | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 2.21 bp | 34.9 bp −$35 | 138.9 bp −$1,389 | 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 | 0.2250 | −0.281% | $41K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2257 | +0.029% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0190% | 1h | 0.2257 | +0.016% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARBlong | −0.0176% | 8h | 0.2256 | long leg | $1.9M | $2.7M | — | |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2254 | −0.086% | $58.3M | $130.7M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0140% | 1h | 0.2257 | +0.047% | $76K | $2.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0104% | 1h | 0.2258 | +0.095% | $26K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2256 | +0.007% | $22.7M | $159.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2257 | +0.020% | $37.4M | $63.1M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2258 | +0.073% | $13K | $397K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
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 | 0.2258 | +0.072% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2256 | −0.012% | $358K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2257 | +0.043% | $64.9M | $313.9M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2259 | +0.131% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0035% | 8h | 0.2257 | +0.038% | $5.5M | $20.8M | 60x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2256 | −0.015% | $21.3M | $36.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0069% | 8h | 0.2257 | +0.025% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2258 | +0.081% | $148K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0084% | 1h | 0.2259 | +0.113% | $1.1M | $5.0M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2259 | +0.122% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2260 | +0.162% | $40.4M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | +0.073% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2258 | +0.079% | $45K | $192K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2258 | +0.095% | $20.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2258 | +0.058% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perpshort | +0.0100% | 8h | 0.2255 | −0.067% | $477K | $3.8M | 10x | |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2258 | +0.073% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2260 | +0.162% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2260 | +0.140% | $281K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | +0.073% | $5.2M | $13.2M | 50x | as long as short |
| BloFin ARB-USDT | +0.0120% | 8h | 0.2257 | +0.038% | $3.1M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2260 | +0.162% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2259 | +0.128% | $848K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2257 | +0.023% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2259 | +0.118% | $501K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0627% | 1h | 0.2260 | +0.153% | $891K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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