Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.029%
Price spread now: Arcus against GRVT−0.027%114s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
Funding, last 3 days (all we have)+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.027%, 7d avg −0.052%
=Together, before fees−0.101%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.025% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.052%. The two prices were read 114 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 | GRVT AAPL_USDT_Perp | 339.02 | 0 | get 0.0000% / 8h | 6h 25m | $17K | $433K | 10x |
| Short | Arcus AAPL-USD | 338.93 | 0.0040 | get 0.0005% / 1h | 25m 35s | $269K | $70K | 20x |
GRVT AAPL_USDT_Perp
Arcus AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against GRVT. 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
- $8.46
- Price spread: −0.027% → −0.052%
- $2.5
- Slippage, 4 orders
- −$19.16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.71
- Costs to cover
- 0.327%
- Break-even
- 25.0 days
Slippage from GRVT: live order book, 42 min ago; Arcus: live order book, 43 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 GRVT live order book, 42 min ago | 1.33 bp | 7.0 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 43 min ago | 1.92 bp | 8.9 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
AAPL on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0622% | 4h | 338.99 | −0.008% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0062% | 1h | 338.86 | −0.046% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | −0.009% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.08 | +0.018% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.08 | +0.018% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.84 | −0.053% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.02 | 0.000% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perplong | 0.0000% | 8h | 339.02 | long leg | $17K | $433K | 10x | |
| SunX AAPL-USDT | 0.0000% | 8h | 339.02 | 0.000% | $773 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.87 | −0.044% | $28K | $67K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUALShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.10 | +0.024% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.11 | +0.027% | $2.1M | $6K | 10x | as long as short |
| Variational Omni AAPL | +0.0018% | 8h | 339.02 | +0.001% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 338.99 | −0.009% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.91 | −0.033% | $742K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.97 | −0.015% | $951K | $3.5M | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0040% | 1h | 338.93 | −0.027% | $269K | $70K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.81 | −0.062% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.74 | −0.083% | $262K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.95 | −0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.75 | −0.080% | $1.4M | $2.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.0052% | 8h | 339.02 | 0.000% | $22.2M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0056% | 1h | 338.93 | −0.028% | $288K | $2.0M | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0071% | 1h | 338.98 | −0.012% | $40.8M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.82 | −0.059% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | −0.065% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.89 | −0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.93 | −0.027% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0120% | 1h | 339.00 | −0.006% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.150% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.82 | −0.059% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.10 | +0.024% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Variational Omni AAPL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Binance AAPLUSDT
Extended AAPL_24_5-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL