Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.5% APRnext payment −$1.23 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against GRVT−0.023%110s7-day average −0.010% · you buy dearer than you sell
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−$580.577% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.023%, 7d avg −0.010%
=Together, before fees+0.004%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 110 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 ARM_USDT_Perp | 323.59 | 0.0123 | pay 0.0123% / 8h | 1h 35m | $799 | $210K | 10x |
| Short | Bybit ARMUSDT | 323.51 | 0 | get 0.0000% / 8h | 1h 35m | $2.0M | $2.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$25.83
- Price spread: −0.023% → −0.010%
- −$1.3
- Slippage, 4 orders
- −$37.73
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$84.86
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 46 min ago; Bybit: live order book, 1 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, 46 min ago | 2.47 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.63 bp | 15.9 bp −$16 | 99.3 bp −$993 | 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 | −0.0148% | 4h | 323.69 | +0.031% | $34K | $348K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.43 | −0.049% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.55 | −0.012% | $39K | $188K | 10x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 323.51 | −0.023% | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.44 | −0.045% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.55 | −0.011% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.51 | −0.023% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.22 | −0.113% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.69 | +0.032% | $18K | $16K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 323.60 | +0.004% | $8.6M | $51.1M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | +0.0017% | 8h | 323.55 | −0.011% | $123K | $44K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.56 | −0.008% | — | — | 10x | as long as short |
| QFEX ARM-USD | +0.0043% | 1h | 323.62 | +0.011% | $1.1M | $4.7M | 10x | as long as short |
| Gate ARM_USDT | +0.0045% | 8h | 323.76 | +0.054% | $1.5M | $4.1M | 50x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.67 | +0.026% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.48 | −0.033% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.30 | −0.088% | $214K | $553K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.095% | $83K | $289K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0121% | 1h | 323.61 | +0.007% | $12K | $145K | 10x | as long as short |
| GRVT ARM_USDT_Perplong | +0.0123% | 8h | 323.59 | long leg | $799 | $210K | 10x | |
| Phoenix ARM | +0.0198% | 1h | 323.90 | +0.097% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +1.018% | $5K | $52K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0253% | 1h | 323.56 | −0.008% | $7.8M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0281% | 8h | 323.69 | +0.032% | $2.3M | $117K | 20x | as long as short |
GRVT ARM_USDT_Perp
Bybit ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Binance ARMUSDT
BloFin ARM-USDT
Lighter ARM
Gate ARM_USDT
Polymarket Perps ARM-USD
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
KuCoin ARMUSDTM