Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h −0.016%
Price spread now: Extended against Aevo−0.130%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1451.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.651%−$65 · spread now −0.130%, 7d avg −0.155%
Together, before fees−0.763%+ Points / potential airdropExtended: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.025% dearer against Aevo than usual: you sell high and buy low (spread −0.130% now, against its 7-day average of −0.155%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.112% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ARB-PERP0.21710.0096pay 0.0012% / 1h39m 54s$138K$7K3x
ShortExtended ARB-USD0.21680.0072get 0.0009% / 1h39m 54s$347K$2.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$5.04
Price spread: −0.130% → −0.155%
$2.47
Slippage, 4 orders
−$124.13
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$147.7
Costs to cover
1.451%
Break-even
never at this rate
Slippage from Aevo: live order book, 4 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 4 min ago25.20 bp57.2 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago16.05 bp18.6 bp −$1980.8 bp −$808doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1581%1h0.2162−0.426%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0184%1h0.2167−0.191%$7K$23610xas long as short
Polymarket Perps ARB-USD−0.0166%1h0.2168−0.159%$72K$2.1M10xas long as short
Variational Omni ARB−0.0099%8h0.2171−0.026%$1.7M$3.0Mas long as short
MEXC ARB_USDT−0.0091%8h0.2171−0.030%$41.6M$60.9M200xas long as short
OKX ARB-USDT-SWAP−0.0091%8h0.2170−0.081%$21.5M$141.5M50xas long as short
Kraken Futures PF_ARBUSD−0.0075%1h0.2171−0.001%$1.0M$4.4M50xas long as short
Bybit ARBUSDT−0.0075%8h0.2168−0.168%$53.9M$123.7M50xas long as short
Orderly PERP_ARB_USDC−0.0056%8h0.2170−0.058%$13K$409K10xas long as short
dYdX ARB-USD0.0000%1h0.2169−0.119%$64K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2171−0.002%$23K$33K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2170−0.047%$43K150xas long as short
Gate ARB_USDT+0.0046%8h0.2169−0.094%$5.3M$18.1M60xas long as short
Bitget ARBUSDT+0.0049%8h0.2169−0.104%$20.7M$34.2M50xas long as short
Binance ARBUSDT+0.0071%8h0.2170−0.078%$62.2M$300.2M75xas long as short
Extended ARB-USDshort+0.0072%1h0.2168−0.130%$347K$2.8M25x
BingX ARB-USDC+0.0072%8h0.2169−0.117%$6.5Mas long as short
RISEx ARB/USDC+0.0086%1h0.2168−0.148%$439K$2.6M10xas long as short
Lighter ARB+0.0096%1h0.2170−0.067%$1.2M$5.5M15xas long as short
Aevo ARB-PERPlong+0.0096%1h0.2171long leg$138K$7K3x
Hyperliquid ARB+0.0100%1h0.2171+0.002%$36.4M$48.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2171−0.029%$625K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2168−0.162%$42K$160K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2170−0.048%$19.4M$14.4M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2181+0.432%$39K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2181+0.449%$464K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2182+0.495%$118K$282K50xas long as short
SunX ARB-USDT+0.0100%8h0.2172+0.035%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2170−0.044%$10K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2170−0.058%$289K$894K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2170−0.058%$4.9M$12.6M50xas long as short
BloFin ARB-USDT+0.0192%8h0.2172+0.012%$3.0M$2.4M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2170−0.070%$819K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2169−0.104%$498K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2168−0.159%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0642%1h0.2173+0.090%$974K$2.8M20xas long as short