Funding you earn now, next payment 00:00 UTC−0.1885%/8h= −206.4% APRpaid last 24h −0.517%
Price spread now: Injective against Aster−0.377%107s7-day average −0.430% · you buy dearer than you sell
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days−3.613%−$361 on $10k
+Price spread, last 3 days (all we have)+0.643%+$64 · spread now −0.377%, 7d avg −0.430%
=Together, before fees−2.969%+ Points / potential airdropAster: Stage 5 · farm board−$297 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.053% dearer against Aster than usual: you sell high and buy low (spread −0.377% now, against its 7-day average of −0.430%): +$5 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 2 hours. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ARBUSDT | 0.2269 | 0.0100 | pay 0.0100% / 8h | 11m 35s | $707K | $1.6M | 20x |
| Short | Injective ARB/USDC PERP | 0.2260 | −0.1785 | pay 0.0223% / 1h | 11m 35s | $41K | $372K | 12x |
Aster ARBUSDT
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. 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
- −$395.76
- Price spread: −0.377% → −0.430%
- $5.32
- Slippage, 4 orders
- −$114.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$513.24
- Costs to cover
- 1.228%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Injective: live order book, 3 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, 2 min ago | 3.97 bp | 11.9 bp −$12 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Injective live order book, 3 min ago | 50.58 bp | 50.6 bp −$51 | doesn't fit | 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 PERPshort | −0.1785% | 1h | 0.2260 | −0.377% | $41K | $372K | 12x | |
| Polymarket Perps ARB-USD | −0.0249% | 1h | 0.2265 | −0.170% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2265 | −0.156% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0186% | 8h | 0.2268 | −0.036% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0173% | 8h | 0.2264 | −0.196% | $58.3M | $128.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0160% | 1h | 0.2267 | −0.077% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2265 | −0.165% | $22.9M | $159.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2268 | −0.046% | $38.5M | $60.1M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2268 | −0.006% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2268 | −0.024% | $13K | $394K | 10x | as long as short |
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0010% | 8h | 0.2267 | −0.068% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2270 | +0.050% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2270 | +0.042% | $56K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2267 | −0.089% | $66.7M | $313.6M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2265 | −0.148% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2268 | −0.042% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2267 | −0.068% | $21.4M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2266 | −0.099% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | +0.036% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | +0.024% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2268 | −0.020% | $41.1M | $47.7M | 10x | as long as short |
| Aster ARBUSDTlong | +0.0100% | 8h | 0.2269 | long leg | $707K | $1.6M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2270 | +0.051% | $47K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2269 | +0.007% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | −0.005% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2269 | +0.020% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2268 | −0.024% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2270 | +0.064% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.051% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2268 | −0.024% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2274 | +0.240% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2269 | +0.025% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2264 | −0.191% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2269 | +0.024% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2268 | −0.017% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2272 | +0.143% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
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