Funding you earn now, next payment 23:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h +0.001%
Price spread now: Bybit against Aevo−0.096%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 3 days (all we have)−1.309%−$131 · spread now −0.096%, 7d avg −0.093%
=The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment. 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 | Aevo ARB-PERP | 0.2228 | 0.0080 | pay 0.0010% / 1h | 55m 23s | $146K | $12K | 3x |
| Short | Bybit ARBUSDT | 0.2226 | −0.0131 | pay 0.0131% / 8h | 1h 55m | $57.3M | $136.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$44.25
- Price spread: −0.096% → −0.093%
- −$0.27
- Slippage, 4 orders
- −$115.77
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$187.29
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 28 min ago; Bybit: live order book, 4 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, 28 min ago | 33.44 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.22 bp | 10.1 bp −$10 | 18.9 bp −$189 | 49.4 bp −$4,937 | 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 | −0.1770% | 1h | 0.2213 | −0.679% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2225 | −0.118% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.300% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDTshort | −0.0131% | 8h | 0.2226 | −0.096% | $57.3M | $136.2M | 50x | |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2227 | −0.056% | $36.7M | $62.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2228 | −0.029% | $22.2M | $163.5M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2227 | −0.051% | $10K | $391K | 10x | as long as short |
| Binance ARBUSDT | −0.0016% | 8h | 0.2228 | −0.017% | $63.4M | $323.7M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | −0.073% | $353K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | −0.150% | $66K | $4K | 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 | 0.2228 | +0.007% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2228 | −0.017% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2227 | −0.051% | $5.5M | $20.6M | 60x | as long as short |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2227 | −0.033% | $4K | $2.9M | 5x | as long as short |
| Aevo ARB-PERPlong | +0.0080% | 1h | 0.2228 | long leg | $146K | $12K | 3x | |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2231 | +0.108% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2227 | −0.051% | $20.9M | $38.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2227 | −0.069% | — | $53.8M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.043% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | +0.057% | $39.8M | $52.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2226 | −0.092% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | −0.160% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2229 | +0.021% | $20.5M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.450% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | −0.369% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.320% | $120K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2227 | −0.051% | $76K | $2.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | −0.096% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | −0.029% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | −0.006% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2229 | +0.030% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.128% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2228 | −0.001% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | −0.074% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2227 | −0.072% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0691% | 1h | 0.2227 | −0.060% | $1.1M | $2.7M | 20x | as long as short |
Bybit ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP