Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.013%

Price spread now: Gate against Aevo−0.111%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1751.746% of the position

Long on Aevo Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.141%−$14 on $10k

Price spread, last 3 days (all we have)−0.336%−$34 · spread now −0.111%, 7d avg −0.073%

Together, before fees−0.477%−$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.038% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2219	0.0080	pay 0.0010% / 1h	32m 28s	$141K	$7K	3x
Short	Gate ARB_USDT	0.2216	−0.0054	pay 0.0054% / 8h	6h 32m	$5.4M	$19.7M	60x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.111%Rate

Funding earned: −$28.14
Price spread: −0.111% → −0.073%: −$3.78
Slippage, 4 orders: −$143.59
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$206.52
Costs to cover: 1.746%
Break-even: never at this rate

Slippage from Aevo: live order book, 36 min ago; Gate: live order book, 1 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, 36 min ago	39.70 bp	71.9 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.80 bp	14.9 bp −$15	27.0 bp −$270	96.7 bp −$9,669	doesn't fit

ARB on 35 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	−0.1692%	1h	0.2212	−0.300%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0240%	1h	0.2216	−0.129%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0214%	1h	0.2217	−0.070%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0176%	8h	0.2226	+0.349%	$1.9M	$2.9M	—	as long as short
ApeX Omni ARBUSDT	−0.0156%	1h	0.2226	+0.331%	$120K	$296K	50x	as long as short
OKX ARB-USDT-SWAP	−0.0112%	8h	0.2217	−0.097%	$22.4M	$157.2M	50x	as long as short
MEXC ARB_USDT	−0.0111%	8h	0.2218	−0.048%	$40.4M	$59.6M	200x	as long as short
Bybit ARBUSDT	−0.0065%	8h	0.2216	−0.102%	$57.0M	$129.0M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0058%	8h	0.2217	−0.075%	$13K	$381K	10x	as long as short
Gate ARB_USDTshort	−0.0054%	8h	0.2216	−0.111%	$5.4M	$19.7M	60x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	−0.0020%	1h	0.2218	−0.021%	$24K	$34K	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2219	−0.005%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0004% / S −0.0002%	1h	0.2218	−0.011%	$21K	—	150x	as long as short
Binance ARBUSDT	+0.0005%	8h	0.2216	−0.111%	$64.6M	$318.3M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2216	−0.126%	$355K	$2.5M	25x	as long as short
Aevo ARB-PERPlong	+0.0080%	1h	0.2219	long leg	$141K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2218	−0.021%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2218	−0.034%	$38.3M	$50.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2218	−0.039%	$660K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2218	−0.039%	$42K	$188K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2218	−0.048%	$19.6M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2217	−0.075%	$21.2M	$36.2M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2217	−0.093%	—	$54.6M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2225	+0.274%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2225	+0.285%	$473K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2218	−0.048%	$77K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2217	−0.075%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2217	−0.066%	$296K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2218	−0.030%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2227	+0.376%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2219	+0.007%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2216	−0.119%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0311%	1h	0.2218	−0.009%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2219	+0.004%	$470K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0546%	1h	0.2219	+0.029%	$1.0M	$2.9M	20x	as long as short