ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.082%

Price spread now: Coinbase International against Aevo+0.041%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1631.629% of the position

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.272%+$27 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.041%, 7d avg +0.105%

Together, before fees+0.357%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.064% cheaper against Aevo than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.105%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2193	0.0088	pay 0.0011% / 1h	31m 38s	$139K	$7K	3x
Short	Coinbase International ARB-PERP-INTX	0.2194	0.0256	get 0.0032% / 1h	31m 38s	$494K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.041%Rate

Funding earned: $35.28
Price spread: +0.041% → +0.105%: −$6.41
Slippage, 4 orders: −$136.88
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$134.01
Costs to cover: 1.629%
Break-even: 33.6 days

Slippage from Aevo: live order book, 17 min ago; Coinbase International: 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, 17 min ago	31.89 bp	59.3 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	6.84 bp	17.2 bp −$17	38.8 bp −$388	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	−0.1589%	1h	0.2181	−0.547%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0162%	1h	0.2191	−0.091%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0107%	8h	0.2196	+0.123%	$22.1M	$142.9M	50x	as long as short
MEXC ARB_USDT	−0.0107%	8h	0.2194	+0.027%	$41.9M	$60.5M	200x	as long as short
Variational Omni ARB	−0.0102%	8h	0.2183	−0.448%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0070%	8h	0.2192	−0.046%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0055%	8h	0.2194	+0.055%	$55.3M	$123.4M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2192	−0.056%	$1.1M	$4.4M	50x	as long as short
Gate ARB_USDT	−0.0013%	8h	0.2195	+0.087%	$5.3M	$18.1M	60x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2194	+0.046%	$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
01 Exchange ARBUSD	0.0000%	1h	0.2192	−0.050%	$7K	$2K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2193	+0.009%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2193	−0.011%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0040%	1h	0.2195	+0.104%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0042%	8h	0.2194	+0.047%	$63.9M	$299.4M	75x	as long as short
Bitget ARBUSDT	+0.0055%	8h	0.2194	+0.046%	$20.8M	$33.9M	50x	as long as short
BingX ARB-USDT	+0.0057%	8h	0.2196	+0.123%	—	$53.6M	—	as long as short
Aevo ARB-PERPlong	+0.0088%	1h	0.2193	long leg	$139K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2193	+0.023%	$1.2M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2195	+0.068%	$37.5M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2194	+0.024%	$631K	$1.5M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2194	+0.036%	$42K	$159K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2194	+0.050%	$19.6M	$14.6M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2187	−0.294%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2186	−0.341%	$471K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2192	−0.046%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2194	+0.046%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2192	−0.036%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2192	−0.036%	$297K	$885K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2193	0.000%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2197	+0.203%	$472K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0156%	8h	0.2193	+0.005%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTXshort	+0.0256%	1h	0.2194	+0.041%	$494K	$1.6M	50x
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2192	−0.031%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2191	−0.112%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0549%	1h	0.2194	+0.055%	$986K	$2.8M	20x	as long as short