Funding you earn now, next payment 00:00 UTC+0.0219%/8h= +24.0% APRnext payment +$2.19 per $10,000 · paid last 24h −0.006%
Price spread now: GRVT against Bybit0.000%90s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$660.658% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now 0.000%, 7d avg +0.011%
=Together, before fees+0.016%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 90 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 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 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 | Bybit ARMUSDT | 325.30 | 0 | get 0.0000% / 8h | 48m 02s | $2.0M | $2.5M | 25x |
| Short | GRVT ARM_USDT_Perp | 325.30 | 0.0219 | get 0.0219% / 8h | 48m 02s | $420 | $207K | 10x |
Bybit ARMUSDT
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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
- $45.99
- Price spread: 0.000% → +0.011%
- −$1.13
- Slippage, 4 orders
- −$45.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$20.94
- Costs to cover
- 0.658%
- Break-even
- 10.2 days
Slippage from Bybit: live order book, 4 min ago; GRVT: live order book, 29 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 Bybit live order book, 4 min ago | 0.31 bp | 21.8 bp −$22 | 81.6 bp −$816 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 29 min ago | 1.85 bp | 11.9 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0002% | 8h | 325.29 | −0.003% | $123K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.03 | −0.084% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 325.30 | long leg | $2.0M | $2.5M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.46 | +0.049% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.28 | −0.006% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.12 | −0.055% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 325.28 | −0.006% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.40 | +0.031% | $18K | $17K | 20x | as long as short |
| Variational Omni ARM | +0.0016% | 8h | 325.18 | −0.036% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.049% | $88K | $289K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Variational Omni ARM
Coinbase International ARM-PERP-INTXShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 325.19 | −0.034% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0033% | 1h | 325.34 | +0.012% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.39 | +0.028% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.30 | 0.000% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.20 | −0.031% | $464K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.12 | −0.055% | $208K | $557K | 10x | as long as short |
| Gate ARM_USDT | +0.0053% | 8h | 325.52 | +0.068% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0133% | 8h | 325.32 | +0.006% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 325.26 | −0.012% | $39K | $188K | 10x | as long as short |
| GRVT ARM_USDT_Perpshort | +0.0219% | 8h | 325.30 | 0.000% | $420 | $207K | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.882% | $5K | $52K | 12x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.29 | −0.003% | $5K | $460K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0481% | 8h | 325.45 | +0.046% | $2.3M | $118K | 20x | as long as short |
| edgeX ARMUSDC | +0.0739% | 4h | 325.17 | −0.041% | $35K | $350K | 10x | as long as short |
Lighter ARM
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
Phoenix ARM
KuCoin ARMUSDTM
edgeX ARMUSDC