Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.020%

Price spread now: Extended against Aster−0.012%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$530.531% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 7 days−0.025%−$3 · spread now −0.012%, 7d avg −0.106%

Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.095% dearer against Aster than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.106%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2207	0.0100	pay 0.0100% / 8h	4h 54m	$638K	$1.6M	20x
Short	Extended ARB-USD	0.2207	0.0016	get 0.0002% / 1h	54m 46s	$351K	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee ExtendedbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$17.64
Price spread: −0.012% → −0.106%: $9.47
Slippage, 4 orders: −$40.13
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$61.3
Costs to cover: 0.531%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Extended: live order book, 4 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 Aster live order book, 3 min ago	5.69 bp	16.5 bp −$16	64.0 bp −$640	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	9.07 bp	11.6 bp −$12	72.3 bp −$723	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 PERP	−0.1649%	1h	0.2196	−0.500%	$40K	$372K	12x	as long as short
OKX ARB-USDT-SWAP	−0.0142%	8h	0.2206	−0.047%	$22.2M	$148.5M	50x	as long as short
MEXC ARB_USDT	−0.0142%	8h	0.2207	−0.019%	$41.0M	$59.5M	200x	as long as short
Variational Omni ARB	−0.0125%	8h	0.2208	+0.030%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0105%	8h	0.2207	+0.012%	$5.4M	$18.6M	60x	as long as short
01 Exchange ARBUSD	−0.0104%	1h	0.2207	−0.015%	$7K	$2K	10x	as long as short
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2207	−0.001%	$13K	$388K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0067%	1h	0.2207	+0.003%	$24K	$34K	25x	as long as short
Bybit ARBUSDT	−0.0053%	8h	0.2207	−0.024%	$55.9M	$126.0M	50x	as long as short
SoDEX ARB-USD	−0.0024%	1h	0.2207	−0.019%	$10K	$2.3M	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ARB-USD	−0.0018%	1h	0.2206	−0.028%	$87K	$2.1M	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2208	+0.060%	$1.1M	$4.4M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2208	+0.028%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0012%	1h	0.2208	+0.049%	$10K	—	150x	as long as short
Binance ARBUSDT	+0.0014%	8h	0.2207	−0.012%	$64.4M	$306.7M	75x	as long as short
Extended ARB-USDshort	+0.0016%	1h	0.2207	−0.012%	$351K	$2.5M	25x
ApeX Omni ARBUSDT	+0.0046%	1h	0.2199	−0.364%	$119K	$283K	50x	as long as short
BloFin ARB-USDT	+0.0057%	8h	0.2204	−0.137%	$3.1M	$2.6M	75x	as long as short
Bitget ARBUSDT	+0.0068%	8h	0.2206	−0.047%	$21.0M	$34.7M	50x	as long as short
BingX ARB-USDC	+0.0070%	8h	0.2205	−0.110%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2208	+0.031%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2207	+0.003%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2208	+0.053%	$38.2M	$48.6M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2207	long leg	$638K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2207	+0.006%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2207	+0.017%	$19.5M	$15.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2199	−0.343%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2197	−0.441%	$467K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2209	+0.089%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2206	−0.047%	$299K	$956K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2206	−0.047%	$4.9M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2211	+0.180%	$495K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2208	+0.053%	$485K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2208	+0.050%	$824K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2206	−0.041%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0625%	1h	0.2210	+0.126%	$995K	$2.8M	20x	as long as short