Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.013%

Price spread now: Pacifica against Binance+0.040%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$440.440% of the position

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.131%+$13 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.040%, 7d avg +0.014%

Together, before fees+0.209%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARBUSDT	0.2224	−0.0013	get 0.0013% / 8h	1h 51m	$63.3M	$323.5M	75x
Short	Pacifica ARB	0.2225	0.0100	get 0.0013% / 1h	51m 55s	$44K	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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 BinancebpFee PacificabpOrdersPrice spread, now +0.040%Rate

Funding earned: $23.74
Price spread: +0.040% → +0.014%: $2.68
Slippage, 4 orders: −$25.98
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$17.56
Costs to cover: 0.440%
Break-even: 12.2 days

Slippage from Binance: live order book, 7 min ago; Pacifica: live order book, 31 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 Binance live order book, 7 min ago	0.45 bp	10.0 bp −$10	18.9 bp −$189	68.2 bp −$6,816	doesn't fit
Sell Pacifica live order book, 31 min ago	7.80 bp	13.0 bp −$13	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 PERP	−0.1770%	1h	0.2218	−0.252%	$40K	$283K	12x	as long as short
01 Exchange ARBUSD	−0.0224%	1h	0.2223	−0.018%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0157%	8h	0.2221	−0.096%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0134%	1h	0.2223	−0.045%	$4K	$2.9M	5x	as long as short
Bybit ARBUSDT	−0.0132%	8h	0.2223	−0.040%	$57.2M	$136.2M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0110%	1h	0.2224	0.000%	$26K	$32K	25x	as long as short
OKX ARB-USDT-SWAP	−0.0110%	8h	0.2223	−0.018%	$22.2M	$163.1M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2223	−0.009%	$36.7M	$62.0M	200x	as long as short
Polymarket Perps ARB-USD	−0.0047%	1h	0.2224	+0.022%	$76K	$2.2M	10x	as long as short
Orderly PERP_ARB_USDC	−0.0023%	8h	0.2223	−0.027%	$10K	$392K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	−0.0016%	1h	0.2223	−0.039%	$353K	$2.4M	25x	as long as short
Binance ARBUSDTlong	−0.0013%	8h	0.2224	long leg	$63.3M	$323.5M	75x
dYdX ARB-USD	0.0000%	1h	0.2225	+0.054%	$66K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2225	+0.042%	$55K	—	150x	as long as short
Gate ARB_USDT	+0.0010%	8h	0.2224	+0.022%	$5.5M	$20.6M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2224	+0.030%	$145K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0085%	8h	0.2223	−0.027%	$20.8M	$38.1M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0085%	1h	0.2226	+0.097%	$1.1M	$5.2M	50x	as long as short
BingX ARB-USDC	+0.0089%	8h	0.2222	−0.067%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2224	+0.036%	$1.3M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.099%	$39.7M	$52.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2223	−0.011%	$691K	$1.7M	20x	as long as short
Pacifica ARBshort	+0.0100%	1h	0.2225	+0.040%	$44K	$200K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2225	+0.067%	$20.5M	$16.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2226	+0.089%	$36K	$457K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2226	+0.115%	$479K	$4.0M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2227	+0.153%	$120K	$296K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2226	+0.108%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2224	+0.031%	$274K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2224	+0.018%	$5.2M	$13.6M	50x	as long as short
BloFin ARB-USDT	+0.0107%	8h	0.2222	−0.054%	$3.0M	$3.2M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0264%	1h	0.2231	+0.333%	$506K	$2.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0157%	1h	0.2224	+0.026%	$832K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2223	−0.009%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0363%	1h	0.2226	+0.124%	$491K	$2.8M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0603%	1h	0.2226	+0.130%	$1.1M	$2.7M	20x	as long as short