Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.010%
Price spread now: BloFin against Aevo−0.233%53s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.233%, 7d avg −0.053%
=Funding pays, the price is against you. BloFin is 0.180% cheaper against Aevo than usual: you would sell low and buy high (spread −0.233% now, against its 7-day average of −0.053%). If the spread goes back, that is −$18 on $10k: about 5.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.053% in total) that is about 24 days. The two prices were read 53 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 | Aevo ARB-PERP | 0.2188 | 0.0104 | pay 0.0013% / 1h | 21m 26s | $139K | $7K | 3x |
| Short | BloFin ARB-USDT | 0.2183 | 0.0208 | get 0.0208% / 8h | 2h 21m | $3.0M | $2.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aevo. 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
- $21.88
- Price spread: −0.233% → −0.053%
- −$18.02
- Slippage, 4 orders
- −$98.96
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.1
- Costs to cover
- 1.270%
- Break-even
- 46.4 days
Slippage from Aevo: live order book, 23 min ago; BloFin: live order book, 2 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, 23 min ago | 25.20 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.92 bp | 8.2 bp −$8 | 23.6 bp −$236 | doesn't fit | doesn't fit |
ARB on 36 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 | −0.1581% | 1h | 0.2171 | −0.777% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2188 | +0.014% | $7K | $236 | 10x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2174 | −0.622% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0094% | 1h | 0.2186 | −0.073% | $78K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | −0.0076% | 8h | 0.2187 | −0.064% | $54.6M | $124.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2188 | +0.021% | $1.0M | $4.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0061% | 8h | 0.2187 | −0.064% | $21.6M | $143.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0060% | 8h | 0.2189 | +0.050% | $41.6M | $61.4M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2186 | −0.091% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2188 | −0.018% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2187 | −0.041% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2185 | −0.137% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2187 | −0.046% | $20.9M | $34.2M | 50x | as long as short |
| Gate ARB_USDT | +0.0076% | 8h | 0.2188 | +0.009% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2188 | +0.005% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2188 | +0.004% | $444K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0088% | 1h | 0.2187 | −0.036% | $347K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0090% | 8h | 0.2189 | +0.037% | $62.5M | $300.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2187 | −0.027% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.009% | $36.6M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.040% | $630K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2188 | +0.015% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2189 | +0.055% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2182 | −0.287% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.283% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | −0.274% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | 0.000% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2187 | −0.059% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2186 | −0.082% | $292K | $890K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2185 | −0.137% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERPlong | +0.0104% | 1h | 0.2188 | long leg | $139K | $7K | 3x | |
| BloFin ARB-USDTshort | +0.0208% | 8h | 0.2183 | −0.233% | $3.0M | $2.4M | 75x | |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2185 | −0.155% | $827K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2188 | 0.000% | $507K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | −0.073% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0700% | 1h | 0.2191 | +0.119% | $982K | $2.8M | 20x | as long as short |
BloFin ARB-USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP