Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRnext payment −$2.44 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Bitget+0.161%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.161%, 7d avg +0.002%
=Together, before fees−0.326%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.159% dearer against Bitget than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.002%): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.135% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.44 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 | Bitget ARMUSDT | 328.19 | 0.0244 | pay 0.0244% / 8h | 4h 50m | $1.8M | $3.8M | 20x |
| Short | GRVT ARM_USDT_Perp | 328.72 | 0 | get 0.0000% / 8h | 4h 50m | $740 | $194K | 10x |
Bitget ARMUSDT
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- −$51.24
- Price spread: +0.161% → +0.002%
- $15.9
- Slippage, 4 orders
- −$50.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$106.97
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 3.35 bp | 15.9 bp −$16 | 29.0 bp −$290 | 65.5 bp −$6,551 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 2.13 bp | 26.9 bp −$27 | 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 | −0.0062% | 4h | 328.64 | +0.136% | $35K | $347K | 10x | as long as short |
| BloFin ARM-USDT | −0.0002% | 8h | 328.09 | −0.030% | $128K | $48K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.04 | −0.045% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.26 | +0.021% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.17 | −0.006% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 328.08 | −0.034% | $213K | $311K | — | as long as short |
| GRVT ARM_USDT_Perpshort | 0.0000% | 8h | 328.72 | +0.161% | $740 | $194K | 10x | |
| SunX ARM-USDT | 0.0000% | 8h | 328.02 | −0.052% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.57 | −0.189% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 328.05 | −0.043% | $1.1M | $4.1M | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 327.70 | −0.149% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.24 | +0.015% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.12 | −0.021% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.46 | +0.082% | $202K | $398K | 10x | as long as short |
| Binance ARMUSDT | +0.0063% | 8h | 328.21 | +0.006% | $8.6M | $49.9M | 20x | as long as short |
| Extended ARM-USD | +0.0064% | 1h | 328.08 | −0.033% | $39K | $274K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 328.34 | +0.046% | $100K | $302K | 10x | as long as short |
| Gate ARM_USDT | +0.0124% | 8h | 328.32 | +0.040% | $1.5M | $4.3M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0156% | 1h | 328.26 | +0.021% | $8.3M | $8.8M | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 328.88 | +0.210% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.08 | +1.185% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDTlong | +0.0244% | 8h | 328.19 | long leg | $1.8M | $3.8M | 20x | |
| KuCoin ARMUSDTM | +0.0511% | 8h | 328.03 | −0.049% | $2.4M | $118K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0848% | 1h | 328.10 | −0.027% | $12K | $125K | 10x | as long as short |
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Binance ARMUSDT
Extended ARM-USD
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
tradeXYZ xyz:ARM
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL