Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.016%

Price spread now: Binance against Aevo+0.143%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1611.614% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 3 days (all we have)−0.603%−$60 · spread now +0.143%, 7d avg −0.061%

Together, before fees−0.721%−$72 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.204% dearer against Aevo than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.061%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2217	0.0080	pay 0.0010% / 1h	8m 05s	$141K	$7K	3x
Short	Binance ARBUSDT	0.2220	−0.0006	pay 0.0006% / 8h	6h 08m	$64.6M	$316.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now +0.143%Rate

Funding earned: −$17.98
Price spread: +0.143% → −0.061%: $20.41
Slippage, 4 orders: −$135.42
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$159
Costs to cover: 1.614%
Break-even: never at this rate

Slippage from Aevo: live order book, 61 min ago; Binance: live order book, 5 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 Aevo live order book, 61 min ago	39.70 bp	71.9 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.23 bp	8.2 bp −$8	20.6 bp −$206	82.5 bp −$8,255	doesn't fit

ARB on 35 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
Injective ARB/USDC PERP	−0.1692%	1h	0.2195	−1.006%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0246%	1h	0.2217	+0.005%	$10K	$2.5M	5x	as long as short
01 Exchange ARBUSD	−0.0224%	1h	0.2213	−0.171%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0157%	8h	0.2213	−0.178%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0128%	8h	0.2220	+0.108%	$22.4M	$155.8M	50x	as long as short
MEXC ARB_USDT	−0.0126%	8h	0.2216	−0.041%	$39.0M	$60.2M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0068%	8h	0.2216	−0.059%	$12K	$382K	10x	as long as short
Gate ARB_USDT	−0.0068%	8h	0.2219	+0.068%	$5.4M	$19.9M	60x	as long as short
Bybit ARBUSDT	−0.0037%	8h	0.2219	+0.086%	$56.6M	$128.3M	50x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2219	+0.079%	$352K	$2.5M	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDTshort	−0.0006%	8h	0.2220	+0.143%	$64.6M	$316.8M	75x
dYdX ARB-USD	0.0000%	1h	0.2214	−0.169%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2217	−0.027%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2217	−0.015%	$10K	—	150x	as long as short
ApeX Omni ARBUSDT	+0.0071%	1h	0.2216	−0.059%	$120K	$286K	50x	as long as short
Phemex ARBUSDT	+0.0079%	8h	0.2217	−0.014%	$5.0M	$12.9M	50x	as long as short
Aevo ARB-PERPlong	+0.0080%	1h	0.2217	long leg	$141K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2217	−0.009%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2220	+0.140%	$38.7M	$51.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2215	−0.093%	$660K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2211	−0.283%	$42K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2219	+0.081%	$19.6M	$15.7M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2220	+0.122%	$21.2M	$36.1M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2218	+0.054%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2214	−0.131%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2215	−0.085%	$481K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2215	−0.095%	$87K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2214	−0.149%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2218	+0.032%	$298K	$991K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2217	−0.009%	$507K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2217	0.000%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2214	−0.148%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2218	+0.027%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2214	−0.165%	$480K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0525%	1h	0.2224	+0.289%	$1.0M	$2.8M	20x	as long as short