Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: edgeX against Aevo+0.313%48s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as 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−$1591.589% of the position

Long on Aevo Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 4 days (all we have)−0.962%−$96 · spread now +0.313%, 7d avg −0.048%

Together, before fees−0.937%+ Points / potential airdropedgeX: Active · farm board−$94 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.361% dearer against Aevo than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 48 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	0.2183	0.0096	pay 0.0012% / 1h	11m 32s	$138K	$7K	3x
Short	edgeX ARBUSDC	0.2189	0.0100	get 0.0050% / 4h	3h 11m	$38K	$461K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.313%Rate

Funding earned: $0.84
Price spread: +0.313% → −0.048%: $36.11
Slippage, 4 orders: −$133.93
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$121.97
Costs to cover: 1.589%
Break-even: 1023.4 days

Slippage from Aevo: live order book, 38 min ago; edgeX: live order book, 42 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, 38 min ago	31.89 bp	59.3 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 42 min ago	11.36 bp	19.7 bp −$20	102.1 bp −$1,021	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	0.2183	+0.018%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0174%	1h	0.2183	+0.009%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0102%	8h	0.2184	+0.050%	$22.0M	$141.4M	50x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2184	+0.077%	$41.2M	$60.8M	200x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2191	+0.378%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0062%	8h	0.2182	−0.028%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0052%	8h	0.2183	+0.022%	$55.1M	$123.2M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2184	+0.043%	$1.1M	$4.4M	50x	as long as short
01 Exchange ARBUSD	−0.0016%	1h	0.2184	+0.068%	$7K	$1K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2185	+0.100%	$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	0.2182	−0.014%	$24K	$31K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2182	−0.009%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0009%	8h	0.2185	+0.100%	$5.3M	$18.2M	60x	as long as short
Bitget ARBUSDT	+0.0051%	8h	0.2183	+0.018%	$20.8M	$33.8M	50x	as long as short
BingX ARB-USDT	+0.0053%	8h	0.2184	+0.068%	—	$53.6M	—	as long as short
Extended ARB-USD	+0.0056%	1h	0.2184	+0.060%	$349K	$2.4M	25x	as long as short
Binance ARBUSDT	+0.0059%	8h	0.2184	+0.064%	$63.8M	$298.6M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2184	+0.068%	$1.3M	$5.5M	15x	as long as short
Aevo ARB-PERPlong	+0.0096%	1h	0.2183	long leg	$138K	$7K	3x
Hyperliquid ARB	+0.0100%	1h	0.2185	+0.123%	$37.2M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2184	+0.078%	$629K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2184	+0.081%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2185	+0.100%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2189	+0.313%	$38K	$461K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2190	+0.349%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2188	+0.247%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2185	+0.110%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2182	−0.028%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2184	+0.068%	$295K	$885K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2184	+0.064%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2185	+0.091%	$443K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0176%	8h	0.2191	+0.366%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2190	+0.320%	$494K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2182	−0.026%	$825K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2183	+0.031%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0573%	1h	0.2185	+0.114%	$980K	$2.8M	20x	as long as short