Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.047%
Price spread now: Orderly against Aevo−0.077%7-day average −0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.077%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.029% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2280 | 0.0088 | pay 0.0011% / 1h | 29m 14s | $149K | $12K | 3x |
| Short | Orderly PERP_ARB_USDC | 0.2278 | −0.0040 | pay 0.0040% / 8h | 29m 14s | $13K | $395K | 10x |
Aevo ARB-PERP
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$26.83
- Price spread: −0.077% → −0.048%
- −$2.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$51.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 49 min ago; Orderly: no order-book sample. Net counts fees only.
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, 49 min ago | 35.73 bp | 66.3 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1785% | 1h | 0.2265 | −0.647% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0265% | 1h | 0.2278 | −0.055% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2276 | −0.165% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2279 | −0.046% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2277 | −0.107% | $58.6M | $128.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2278 | −0.094% | $23.0M | $160.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2278 | −0.077% | $38.3M | $59.7M | 200x | as long as short |
| SoDEX ARB-USD | −0.0059% | 1h | 0.2278 | −0.072% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0040% | 8h | 0.2278 | −0.077% | $13K | $395K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2282 | +0.116% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2279 | −0.042% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2279 | −0.026% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2278 | −0.077% | $5.5M | $20.2M | 60x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2278 | −0.074% | $66.8M | $312.6M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2277 | −0.141% | $363K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0054% | 8h | 0.2277 | −0.103% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2278 | −0.077% | $21.5M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2277 | −0.138% | — | $53.6M | — | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2280 | long leg | $149K | $12K | 3x | |
| Lighter ARB | +0.0096% | 1h | 0.2280 | −0.011% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2280 | +0.011% | $41.5M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2279 | −0.011% | $710K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2282 | +0.099% | $48K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2278 | −0.059% | $19.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2278 | −0.069% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2277 | −0.115% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2278 | −0.077% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2283 | +0.143% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | −0.072% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2279 | −0.033% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2281 | +0.055% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2279 | −0.026% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2278 | −0.071% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2279 | −0.050% | $932K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2281 | +0.071% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0494% | 1h | 0.2280 | +0.024% | $927K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
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
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP