Funding you earn now, next payment 06:00 UTC−0.0170%/8h= −18.7% APRnext payment −$0.21 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Aevo+0.020%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1551.545% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.020%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2187 | 0.0096 | pay 0.0012% / 1h | 56m 34s | $139K | $7K | 3x |
| Short | Kraken Futures PF_ARBUSD | 0.2188 | −0.0074 | pay 0.0009% / 1h | 56m 34s | $1.1M | $4.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$35.78
- Price spread: +0.020% → +0.009%
- $1.13
- Slippage, 4 orders
- −$128.54
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$189.19
- Costs to cover
- 1.545%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 53 min ago; Kraken Futures: 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, 53 min ago | 31.89 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 9.41 bp | 16.1 bp −$16 | 27.6 bp −$276 | 563.0 bp −$56.3K | 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 | −0.1581% | 1h | 0.2168 | −0.888% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2182 | −0.234% | $7K | $1K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0125% | 1h | 0.2182 | −0.248% | $78K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2182 | −0.252% | $21.7M | $142.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0094% | 8h | 0.2183 | −0.179% | $41.2M | $60.1M | 200x | as long as short |
| Variational Omni ARB | −0.0093% | 8h | 0.2180 | −0.332% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0074% | 1h | 0.2188 | +0.020% | $1.1M | $4.4M | 50x | |
| Bybit ARBUSDT | −0.0060% | 8h | 0.2182 | −0.252% | $54.4M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2186 | −0.065% | $12K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2183 | −0.208% | $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 | 0.2187 | −0.019% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2187 | −0.030% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0016% | 8h | 0.2184 | −0.152% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0049% | 8h | 0.2181 | −0.293% | $20.7M | $34.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0064% | 8h | 0.2184 | −0.152% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2182 | −0.269% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2183 | −0.191% | $62.7M | $300.6M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2183 | −0.209% | $442K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | −0.229% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERPlong | +0.0096% | 1h | 0.2187 | long leg | $139K | $7K | 3x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | −0.170% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | −0.140% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | −0.193% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2183 | −0.197% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2180 | −0.335% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | −0.313% | $463K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2181 | −0.293% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.072% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2187 | −0.024% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.022% | $296K | $878K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.019% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0190% | 8h | 0.2188 | +0.004% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2187 | −0.036% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2186 | −0.065% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.280% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0644% | 1h | 0.2191 | +0.155% | $983K | $2.8M | 20x | as long as short |
Kraken Futures PF_ARBUSD
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP