Funding you earn now, next payment 04:00 UTC−0.1737%/8h= −190.2% APRnext payment −$2.17 per $10,000 · paid last 24h −0.507%
Price spread now: Injective against Aevo−0.406%7-day average −0.482% · you buy dearer than you sell
Net, funding: paid 7d − costs−$571as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2142.135% of the position
Funding, last 7 days−3.576%−$358 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.406%, 7d avg −0.482%
=The price spread pays, funding is against you. Injective is 0.076% dearer against Aevo than usual: you sell high and buy low (spread −0.406% now, against its 7-day average of −0.482%): +$8 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2215 | 0.0088 | pay 0.0011% / 1h | 29m 19s | $140K | $7K | 3x |
| Short | Injective ARB/USDC PERP | 0.2206 | −0.1649 | pay 0.0206% / 1h | 29m 19s | $40K | $372K | 12x |
Aevo ARB-PERP
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$364.83
- Price spread: −0.406% → −0.482%
- $7.61
- Slippage, 4 orders
- −$197.52
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$570.76
- Costs to cover
- 2.135%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 25 min ago; Injective: live order book, 30 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, 25 min ago | 31.70 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 30 min ago | 49.82 bp | 49.8 bp −$50 | doesn't fit | 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 PERPshort | −0.1649% | 1h | 0.2206 | −0.406% | $40K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2210 | −0.208% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0132% | 8h | 0.2215 | +0.005% | $42.3M | $60.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0131% | 8h | 0.2209 | −0.284% | $22.2M | $149.1M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0117% | 1h | 0.2212 | −0.122% | $90K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0107% | 8h | 0.2202 | −0.575% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2214 | −0.045% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0073% | 8h | 0.2215 | +0.009% | $5.4M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0028% | 8h | 0.2210 | −0.221% | $55.8M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2214 | −0.051% | $1.1M | $4.4M | 50x | as long as short |
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2210 | −0.245% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2215 | −0.014% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2215 | −0.012% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0015% | 8h | 0.2212 | −0.118% | $64.3M | $307.7M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2213 | −0.105% | $354K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0059% | 8h | 0.2211 | −0.185% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDC | +0.0064% | 8h | 0.2215 | −0.005% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2214 | −0.045% | $21.0M | $34.9M | 50x | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2215 | long leg | $140K | $7K | 3x | |
| SoDEX ARB-USD | +0.0093% | 1h | 0.2213 | −0.108% | $10K | $2.3M | 5x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2211 | −0.176% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.068% | $38.1M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2214 | −0.040% | $637K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2210 | −0.217% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.032% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2203 | −0.553% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2204 | −0.497% | $477K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.903% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2213 | −0.104% | $300K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | −0.226% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2213 | −0.090% | $494K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2212 | −0.154% | $464K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2215 | −0.009% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2214 | −0.040% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0632% | 1h | 0.2214 | −0.027% | $997K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
BingX ARB-USDC
Bitget ARBUSDT
SoDEX ARB-USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP