Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h −0.007%
Price spread now: GRVT against OKX−0.132%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.115%+$11 · spread now −0.132%, 7d avg +0.027%
=Together, before fees+0.136%+ Points / potential airdropGRVT: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.158% cheaper against OKX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.027%). If the spread goes back, that is −$16 on $10k: about 2.4 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.021% in total) that is about 52 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.22 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 | OKX ARM-USDT-SWAP | 325.87 | 0 | get 0.0000% / 8h | 43m 14s | $1.7M | $6.8M | 20x |
| Short | GRVT ARM_USDT_Perp | 325.44 | 0.0222 | get 0.0222% / 8h | 43m 14s | $635 | $203K | 10x |
OKX ARM-USDT-SWAP
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against OKX. 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
- $46.62
- Price spread: −0.132% → +0.027%
- −$15.83
- Slippage, 4 orders
- −$36.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$24.5
- Costs to cover
- 0.553%
- Break-even
- 10.7 days
Slippage from OKX: live order book, 5 min ago; GRVT: live order book, 34 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 OKX live order book, 5 min ago | 1.23 bp | 10.2 bp −$10 | 39.9 bp −$399 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 34 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 | −0.0025% | 8h | 325.60 | −0.083% | $123K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.35 | −0.158% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.81 | −0.018% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAPlong | 0.0000% | 8h | 325.87 | long leg | $1.7M | $6.8M | 20x | |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | −0.043% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.06 | −0.249% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | −0.092% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.224% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.115% | $213K | $523K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.63 | −0.074% | — | — | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARM
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.90 | +0.009% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.034% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.72 | −0.046% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | −0.052% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.307% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.98 | +0.034% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.77 | −0.031% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0144% | 1h | 325.73 | −0.042% | $39K | $188K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.706% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perpshort | +0.0222% | 8h | 325.44 | −0.132% | $635 | $203K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0241% | 1h | 325.80 | −0.021% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.51 | −0.110% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | −0.137% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0502% | 8h | 325.84 | −0.009% | $2.3M | $119K | 20x | as long as short |
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
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM