Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.047%
Price spread now: RISEx against ApeX Omni+0.284%54s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.289%+$29 on $10k
Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.284%, 7d avg +0.003%
Together, before fees−0.125%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.281% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ARBUSDT0.21920.0100pay 0.0013% / 1h29m 49s$118K$283K50x
ShortRISEx ARB/USDC0.21980.0118get 0.0015% / 1h29m 49s$472K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against ApeX Omni. 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

Funding earned
$3.84
Price spread: +0.284% → +0.003%
$28.12
Slippage, 4 orders
−$32.89
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$16.93
Costs to cover
0.489%
Break-even
37.8 days
Slippage from ApeX Omni: live order book, 22 min ago; RISEx: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago9.11 bp18.0 bp −$18107.5 bp −$1,075doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.14 bp4.1 bp −$415.7 bp −$157doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1589%1h0.2184−0.365%$39K$372K12xas long as short
Polymarket Perps ARB-USD−0.0155%1h0.2198+0.274%$69K$2.1M10xas long as short
MEXC ARB_USDT−0.0106%8h0.2196+0.192%$41.8M$60.6M200xas long as short
OKX ARB-USDT-SWAP−0.0104%8h0.2195+0.146%$22.1M$142.9M50xas long as short
Variational Omni ARB−0.0098%8h0.2197+0.240%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0070%8h0.2198+0.274%$12K$407K10xas long as short
Bybit ARBUSDT−0.0056%8h0.2195+0.141%$55.5M$123.4M50xas long as short
Kraken Futures PF_ARBUSD−0.0050%1h0.2199+0.318%$1.1M$4.4M50xas long as short
Gate ARB_USDT−0.0016%8h0.2196+0.196%$5.3M$18.1M60xas long as short
dYdX ARB-USD0.0000%1h0.2197+0.210%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ARBUSD0.0000%1h0.2199+0.301%$7K$2K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2199+0.315%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2199+0.327%$32K150xas long as short
Binance ARBUSDT+0.0044%8h0.2196+0.198%$64.0M$299.4M75xas long as short
Extended ARB-USD+0.0048%1h0.2195+0.123%$349K$2.5M25xas long as short
Bitget ARBUSDT+0.0055%8h0.2194+0.091%$20.8M$33.9M50xas long as short
BingX ARB-USDC+0.0056%8h0.2197+0.224%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2199+0.313%$139K$7K3xas long as short
Lighter ARB+0.0096%1h0.2198+0.287%$1.2M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2197+0.237%$37.5M$48.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2196+0.200%$632K$1.5M20xas long as short
Pacifica ARB+0.0100%1h0.2196+0.186%$42K$159K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2197+0.233%$19.6M$14.6M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2191−0.031%$38K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2191−0.038%$472K$3.5M10xas long as short
ApeX Omni ARBUSDTlong+0.0100%1h0.2192long leg$118K$283K50x
SunX ARB-USDT+0.0100%8h0.2201+0.411%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2198+0.283%$10K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2198+0.297%$298K$884K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2198+0.274%$4.9M$12.8M50xas long as short
RISEx ARB/USDCshort+0.0118%1h0.2198+0.284%$472K$2.6M10x
BloFin ARB-USDT+0.0162%8h0.2198+0.287%$3.1M$2.5M75xas long as short
Coinbase International ARB-PERP-INTX+0.0256%1h0.2203+0.479%$497K$1.6M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2199+0.326%$830K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2198+0.253%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0570%1h0.2200+0.356%$989K$2.8M20xas long as short