ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.7% APRnext payment −$1.44 per $10,000 · paid last 24h +0.005%

Price spread now: GRVT against Binance+0.043%79s7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.604% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−1.108%−$111 · spread now +0.043%, 7d avg −0.027%

Together, before fees−1.094%+ Points / potential airdropGRVT: Active · farm board−$109 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.070% dearer against Binance than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.027%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 39 hours. The two prices were read 79 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	Binance ARMUSDT	328.93	0.0144	pay 0.0144% / 8h	5h 34m	$8.6M	$50.0M	20x
Short	GRVT ARM_USDT_Perp	329.07	0	get 0.0000% / 8h	5h 34m	$471	$187K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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 BinancebpFee GRVTbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$30.15
Price spread: +0.043% → −0.027%: $6.98
Slippage, 4 orders: −$41.44
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$83.6
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; GRVT: live order book, 28 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 Binance live order book, 8 min ago	0.76 bp	13.6 bp −$14	35.4 bp −$354	149.2 bp −$14.9K	doesn't fit
Sell GRVT live order book, 28 min ago	1.83 bp	19.3 bp −$19	doesn't fit	doesn't fit	doesn't fit

ARM on 24 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 ARMUSDC	−0.0322%	4h	329.01	+0.025%	$35K	$346K	10x	as long as short
Coinbase International ARM-PERP-INTX	−0.0008%	1h	328.97	+0.012%	$101K	$293K	10x	as long as short
Aster ARMUSDT	0.0000%	8h	328.73	−0.062%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	329.04	+0.033%	$2.0M	$2.2M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	328.73	−0.061%	$1.7M	$6.7M	20x	as long as short
GRVT ARM_USDT_Perpshort	0.0000%	8h	329.07	+0.043%	$471	$187K	10x
SunX ARM-USDT	0.0000%	8h	328.84	−0.027%	$845	$2.7M	10x	as long as short
HTX ARM-USDT	0.0000%	8h	328.75	−0.055%	$18K	$16K	20x	as long as short
QFEX ARM-USD	+0.0011%	1h	328.85	−0.024%	$1.1M	$4.3M	10x	as long as short
BloFin ARM-USDT	+0.0026%	8h	328.78	−0.046%	$127K	$48K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ARM	+0.0032%	1h	328.64	−0.088%	—	—	10x	as long as short
Variational Omni ARM	+0.0037%	8h	329.02	+0.026%	$214K	$321K	—	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	329.01	+0.024%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	328.85	−0.024%	$381K	$1.3M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	329.02	+0.027%	$202K	$406K	10x	as long as short
tradeXYZ xyz:ARM	+0.0063%	1h	328.89	−0.012%	$8.3M	$8.8M	10x	as long as short
Gate ARM_USDT	+0.0114%	8h	329.12	+0.058%	$1.4M	$4.2M	50x	as long as short
Phoenix ARM	+0.0122%	1h	328.96	+0.009%	$5K	$434K	10x	as long as short
Binance ARMUSDTlong	+0.0144%	8h	328.93	long leg	$8.6M	$50.0M	20x
Extended ARM-USD	+0.0144%	1h	328.88	−0.015%	$36K	$272K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	332.09	+0.961%	$5K	$50K	12x	as long as short
Bitget ARMUSDT	+0.0294%	8h	328.98	+0.015%	$1.8M	$3.8M	20x	as long as short
Deribit ARM_USDC-PERPETUAL	+0.0328%	1h	328.86	−0.021%	$12K	$125K	10x	as long as short
KuCoin ARMUSDTM	+0.0661%	8h	328.91	−0.006%	$2.4M	$119K	20x	as long as short