Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: GRVT against Lighter−0.375%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.375% cheaper against Lighter than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | Lighter ARM | 320.85 | 0.0032 | pay 0.0004% / 1h | 12m 31s | — | — | 10x |
| Short | GRVT ARM_USDT_Perp | 319.65 | 0 | get 0.0000% / 8h | 2h 12m | $655 | $221K | 10x |
Lighter ARM
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. 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
- −$6.72
- Price spread: −0.375% → 0.000%
- −$37.51
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$53.23
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; GRVT: live order book, 35 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 35 min ago | 2.64 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0936% | 8h | 320.65 | −0.062% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0580% | 4h | 319.75 | −0.341% | $34K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0028% | 8h | 320.44 | −0.128% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.66 | −0.060% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.93 | +0.026% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.91 | +0.019% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.12 | +0.084% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.82 | −0.009% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.06 | +0.065% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.57 | −0.398% | $184K | $294K | — | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perpshort | 0.0000% | 8h | 319.65 | −0.375% | $655 | $221K | 10x | |
| SunX ARM-USDT | 0.0000% | 8h | 320.28 | −0.178% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −0.411% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 320.99 | +0.044% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 320.85 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.77 | −0.025% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.78 | −0.022% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.43 | −0.443% | $185K | $422K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.58 | −0.084% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0141% | 1h | 320.99 | +0.044% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.40 | −0.140% | $100K | $299K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.85 | −0.312% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.704% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.1344% | 1h | 320.49 | −0.112% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL