Funding you earn now, next payment 23:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h +0.059%
Price spread now: Reya against Aevo−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.069% cheaper against Aevo than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2242 | 0.0080 | pay 0.0010% / 1h | 35m 05s | $147K | $12K | 3x |
| Short | Reya ARBRUSDPERP | 0.2240 | 0.0291 | get 0.0036% / 1h | 35m 05s | $2K | $695 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $44.21
- Price spread: −0.069% → 0.000%
- −$6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $15.31
- Costs to cover
- 0.220%
- Break-even
- 4.6 days
Slippage unknown: Aevo: live order book, 49 min ago; Reya: 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 | 33.44 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.1770% | 1h | 0.2225 | −0.758% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2239 | −0.120% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0163% | 8h | 0.2239 | −0.139% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2238 | −0.161% | $57.7M | $135.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2239 | −0.129% | $22.4M | $162.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2240 | −0.071% | $37.5M | $62.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0073% | 1h | 0.2240 | −0.080% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0059% | 1h | 0.2241 | −0.054% | $76K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0028% | 8h | 0.2241 | −0.045% | $10K | $393K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | −0.165% | $356K | $2.4M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0006% | 8h | 0.2239 | −0.122% | $63.9M | $321.4M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2240 | −0.100% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2242 | 0.000% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2242 | −0.016% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2240 | −0.067% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERPlong | +0.0080% | 1h | 0.2242 | long leg | $147K | $12K | 3x | |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2239 | −0.134% | $21.0M | $37.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0082% | 8h | 0.2238 | −0.174% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.007% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2242 | −0.018% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.018% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | −0.020% | $697K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2241 | −0.063% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | −0.027% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | −0.108% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2240 | −0.103% | $475K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2237 | −0.223% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2243 | +0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2240 | −0.103% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2242 | 0.000% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0114% | 8h | 0.2240 | −0.094% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2240 | −0.089% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2242 | +0.019% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0291% | 1h | 0.2240 | −0.069% | $2K | $695 | 20x | |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | −0.002% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0645% | 1h | 0.2244 | +0.089% | $1.1M | $2.7M | 20x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP