Funding you earn now, next payment 08:00 UTC+0.1581%/8h= +173.1% APRpaid last 24h −0.016%
Price spread now: Coinbase International against GRVT−0.201%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.201%, 7d avg −0.038%
=Together, before fees+0.217%+ Points / potential airdropGRVT: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.163% cheaper against GRVT than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.038%). If the spread goes back, that is −$16 on $10k: about 8 hours of funding at the current rate (+$47 a day). At the pace of the last 7 days (+0.133% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment. 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 | GRVT ARM_USDT_Perp | 318.89 | −0.1477 | get 0.1477% / 8h | 7h 53m | $370 | $237K | 10x |
| Short | Coinbase International ARM-PERP-INTX | 318.25 | 0.0104 | get 0.0013% / 1h | 53m 16s | $98K | $278K | 10x |
GRVT ARM_USDT_Perp
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $332.01
- Price spread: −0.201% → −0.038%
- −$16.29
- Slippage, 4 orders
- −$34.66
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $262.06
- Costs to cover
- 0.537%
- Break-even
- 1.5 days
Slippage from GRVT: live order book, 44 min ago; Coinbase International: live order book, 45 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, 44 min ago | 2.02 bp | 15.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 45 min ago | 4.81 bp | 11.0 bp −$11 | 19.5 bp −$195 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perplong | −0.1477% | 8h | 318.89 | long leg | $370 | $237K | 10x | |
| Bitget ARMUSDT | −0.0429% | 8h | 318.94 | +0.016% | $1.7M | $3.9M | 20x | as long as short |
| Bybit ARMUSDT | −0.0142% | 8h | 319.20 | +0.097% | $1.9M | $2.1M | 25x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0095% | 1h | 319.09 | +0.063% | $12K | $56K | 10x | as long as short |
| BloFin ARM-USDT | −0.0014% | 8h | 318.70 | −0.060% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.10 | +0.067% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 318.84 | −0.015% | $31K | $320K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 318.99 | +0.031% | $8.2M | $49.8M | 20x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 318.96 | +0.022% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 318.73 | −0.050% | $1.4M | $4.0M | 50x | as long as short |
Bitget ARMUSDT
Bybit ARMUSDT
Deribit ARM_USDC-PERPETUAL
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 320.29 | +0.440% | $187K | $252K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 319.09 | +0.063% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.77 | +0.276% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 318.50 | −0.122% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.04 | +0.047% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 318.72 | −0.053% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 318.66 | −0.072% | $8.1M | $8.6M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 318.53 | −0.113% | $368K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.02 | −0.273% | $185K | $429K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 318.71 | −0.056% | $2.3M | $131K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0104% | 1h | 318.25 | −0.201% | $98K | $278K | 10x | |
| edgeX ARMUSDC | +0.0167% | 4h | 318.20 | −0.216% | $35K | $357K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.822% | $5K | $44K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 318.74 | −0.047% | $5K | $414K | 10x | as long as short |
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
edgeX ARMUSDC
Injective ARM/USDC PERP
Phoenix ARM