Settings8H · net · $10k
Funding arb · Price arb /

AR

all AR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against Extended+2.868%80s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 2.868% dearer against Extended than usual: you sell high and buy low (spread +2.868% now, against zero (this spread has no 7-day history yet)): +$287 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AR-USD4.30070.0104pay 0.0013% / 1h31m 46s$37K$247K10x
ShortInjective AR/USDC PERP4.42400.0033get 0.0004% / 1h31m 46s$2K$5K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.84
Price spread: +2.868% → 0.000%
$286.78
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$266.92
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 13 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 13 min ago6.57 bp28.2 bp −$28267.2 bp −$2,672doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.

AR on 17 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.3174+0.389%$555K50xas long as short
Injective AR/USDC PERPshort+0.0033%1h4.4240+2.868%$2K$5K5.5x
ApeX Omni ARUSDT+0.0100%1h4.3220+0.496%$21K$697K50xas long as short
Hyperliquid AR+0.0100%1h4.3067+0.140%$3.9M$3.7M5xas long as short
Aster ARUSDT+0.0100%8h4.3020+0.031%$31K$186K10xas long as short
Binance ARUSDT+0.0100%8h4.3000−0.015%$8.4M$40.1M75xas long as short
Bybit ARUSDT+0.0100%8h4.2995−0.027%$4.4M$7.5M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.3010+0.008%$2.2M$12.2M20xas long as short
Gate AR_USDT+0.0100%8h4.2970−0.085%$2.2M$3.6M50xas long as short
MEXC AR_USDT+0.0100%8h4.3000−0.015%$6.3M$3.4M100xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.3000−0.015%$1.0M$1.1M50xas long as short
Bitget ARUSDT+0.0100%8h4.2990−0.039%$3.7M$4.5M75xas long as short
BingX AR-USDT+0.0100%8h4.3000−0.015%$2.7Mas long as short
Variational Omni AR+0.0100%8h4.3279+0.633%$256K$519Kas long as short
Extended AR-USDlong+0.0104%1h4.3007long leg$37K$247K10x
BloFin AR-USDT+0.0220%8h4.3080+0.171%$418K$365K20xas long as short
Kraken Futures PF_ARUSD+0.0795%1h4.3060+0.124%$47K$154K20xas long as short