Funding you earn now, next payment 08:00 UTC−0.0221%/8h= −24.2% APRnext payment −$2.21 per $10,000 · paid last 24h −0.046%
Price spread now: OKX against Aster−0.092%7-day average −0.039% · 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−$50as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.092%, 7d avg −0.039%
=Together, before fees−0.136%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.053% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ARBUSDT | 0.2246 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $698K | $1.6M | 20x |
| Short | OKX ARB-USDT-SWAP | 0.2244 | −0.0121 | pay 0.0121% / 8h | 7h 42m | $22.6M | $156.9M | 50x |
Aster ARBUSDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$46.34
- Price spread: −0.092% → −0.039%
- −$5.28
- Slippage, 4 orders
- −$26.97
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$96.59
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 3.12 bp | 14.5 bp −$14 | 65.3 bp −$653 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.22 bp | 10.3 bp −$10 | 25.7 bp −$257 | 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 | −0.1666% | 1h | 0.2239 | −0.319% | $40K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0303% | 8h | 0.2243 | −0.123% | $57.9M | $127.1M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0284% | 1h | 0.2247 | +0.055% | $25K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0214% | 8h | 0.2239 | −0.314% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2245 | −0.060% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2249 | +0.115% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0121% | 8h | 0.2244 | −0.092% | $22.6M | $156.9M | 50x | |
| MEXC ARB_USDT | −0.0120% | 8h | 0.2244 | −0.083% | $38.2M | $59.0M | 200x | as long as short |
| Phemex ARBUSDT | −0.0061% | 8h | 0.2248 | +0.082% | $5.1M | $13.0M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2248 | +0.082% | $13K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
Phemex ARBUSDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0016% | 1h | 0.2243 | −0.136% | $357K | $2.7M | 25x | as long as short |
| SoDEX ARB-USD | −0.0013% | 1h | 0.2246 | −0.016% | $4K | $2.6M | 5x | as long as short |
| Binance ARBUSDT | −0.0013% | 8h | 0.2245 | −0.043% | $66.1M | $311.4M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2246 | +0.013% | $66K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0002% | 8h | 0.2245 | −0.056% | $5.4M | $19.7M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2250 | +0.192% | $55K | — | 150x | as long as short |
| BingX ARB-USDT | +0.0049% | 8h | 0.2244 | −0.087% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2245 | −0.052% | $21.4M | $36.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2249 | +0.108% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2247 | +0.024% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2248 | +0.091% | $40.5M | $47.6M | 10x | as long as short |
| Aster ARBUSDTlong | +0.0100% | 8h | 0.2246 | long leg | $698K | $1.6M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2246 | +0.006% | $44K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2244 | −0.083% | $19.5M | $16.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2247 | +0.044% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | +0.136% | $477K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2250 | +0.171% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2247 | +0.033% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2251 | +0.216% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2248 | +0.078% | $292K | $1.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2246 | −0.020% | $3.1M | $2.7M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2251 | +0.193% | $506K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2250 | +0.170% | $896K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2246 | −0.019% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2247 | +0.033% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0434% | 1h | 0.2248 | +0.078% | $1.0M | $2.8M | 20x | as long as short |
Extended ARB-USD
SoDEX ARB-USD
Binance ARBUSDT
dYdX ARB-USD
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP