Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0436%/8h= +47.7% APRpaid last 24h +0.079%

Price spread now: GRVT against 01 Exchange−0.056%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on GRVT

What this pair did over the last

the charts below follow

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 airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.056% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ARBUSD	0.2232	−0.0336	get 0.0042% / 1h	39m 14s	$7K	$2K	10x
Short	GRVT ARB_USDT_Perp	0.2231	0.0100	get 0.0100% / 8h	2h 39m	$478K	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee GRVTbpOrdersPrice spread, now −0.056%Rate

Funding earned: $91.56
Price spread: −0.056% → 0.000%: −$5.65
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $69.91
Costs to cover: 0.160%
Break-even: 1.7 days

Slippage unknown: 01 Exchange: no order-book sample; GRVT: live order book, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GRVT live order book, 5 min ago	2.25 bp	37.1 bp −$37	89.9 bp −$899	doesn't fit	doesn't fit

01 Exchange: 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	0.2219	−0.582%	$40K	$107K	12x	as long as short
01 Exchange ARBUSDlong	−0.0336%	1h	0.2232	long leg	$7K	$2K	10x
Bybit ARBUSDT	−0.0218%	8h	0.2234	+0.103%	$56.6M	$136.3M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0197%	1h	0.2235	+0.148%	$37K	$18K	25x	as long as short
Variational Omni ARB	−0.0184%	8h	0.2232	+0.007%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0073%	1h	0.2234	+0.081%	$4K	$2.9M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0069%	8h	0.2233	+0.054%	$22.2M	$165.6M	50x	as long as short
MEXC ARB_USDT	−0.0067%	8h	0.2234	+0.081%	$37.6M	$63.3M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2235	+0.155%	$1.1M	$5.3M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0010%	8h	0.2234	+0.090%	$10K	$386K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2232	−0.014%	$66K	$4K	10x	as long as short
Polymarket Perps ARB-USD	+0.0002%	1h	0.2234	+0.090%	$77K	$2.3M	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2236	+0.169%	$55K	—	150x	as long as short
Binance ARBUSDT	+0.0007%	8h	0.2235	+0.125%	$63.6M	$326.3M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2233	+0.057%	$355K	$2.5M	25x	as long as short
Gate ARB_USDT	+0.0017%	8h	0.2235	+0.125%	$5.5M	$21.5M	60x	as long as short
BloFin ARB-USDT	+0.0030%	8h	0.2235	+0.112%	$3.0M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2236	+0.173%	$146K	$12K	3x	as long as short
BingX ARB-USDC	+0.0083%	8h	0.2234	+0.085%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0084%	8h	0.2234	+0.090%	$21.0M	$38.8M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2235	+0.152%	$1.3M	$7.7M	15x	as long as short
ApeX Omni ARBUSDT	+0.0097%	1h	0.2230	−0.090%	$121K	$297K	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2237	+0.211%	$40.1M	$53.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2235	+0.133%	$695K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2233	+0.035%	$46K	$205K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2236	+0.170%	$20.7M	$17.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2231	−0.046%	$38K	$448K	20x	as long as short
GRVT ARB_USDT_Perpshort	+0.0100%	8h	0.2231	−0.056%	$478K	$4.1M	10x
SunX ARB-USDT	+0.0100%	8h	0.2232	0.000%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2234	+0.072%	$275K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2234	+0.090%	$5.4M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0168%	1h	0.2236	+0.167%	$820K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2235	+0.134%	$507K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2233	+0.062%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0529%	1h	0.2237	+0.220%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2234	+0.101%	$490K	$2.9M	10x	as long as short