Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.001%
Price spread now: Aevo against BingX−0.027%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+2.700%+$270 · spread now −0.027%, 7d avg +0.116%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.143% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.116%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2221 | 0.0100 | pay 0.0100% / 8h | 5h 43m | — | $6.5M | — |
| Short | Aevo ARB-PERP | 0.2220 | 0.0080 | get 0.0010% / 1h | 43m 35s | $141K | $7K | 3x |
BingX ARB-USDC
Aevo ARB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against BingX. 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
- −$4.2
- Price spread: −0.027% → +0.116%
- −$14.27
- Slippage, 4 orders
- −$134.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$178.58
- Costs to cover
- 1.601%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Aevo: live order book, 20 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 BingX live order book, 7 min ago | 5.21 bp | 17.7 bp −$18 | 36.9 bp −$369 | 102.9 bp −$10.3K | 752.0 bp −$376.0K |
| Sell Aevo live order book, 20 min ago | 31.43 bp | 60.4 bp −$60 | 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 | −0.1577% | 1h | 0.2204 | −0.770% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0153% | 8h | 0.2213 | −0.344% | $1.9M | $2.9M | — | as long as short |
| SoDEX ARB-USD | −0.0139% | 1h | 0.2219 | −0.081% | $10K | $2.4M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2222 | +0.045% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2221 | −0.023% | $22.3M | $152.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2222 | +0.041% | $38.5M | $59.0M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2221 | −0.022% | $1.1M | $4.6M | 50x | as long as short |
| Gate ARB_USDT | −0.0086% | 8h | 0.2222 | +0.036% | $5.4M | $19.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0079% | 8h | 0.2221 | 0.000% | $56.5M | $126.5M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2219 | −0.095% | $13K | $383K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
SoDEX ARB-USD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0069% | 1h | 0.2222 | +0.045% | $102K | $2.1M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0020% | 1h | 0.2220 | −0.063% | $24K | $34K | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2223 | +0.063% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2221 | −0.011% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0001% | 8h | 0.2221 | −0.023% | — | $2.7M | 75x | as long as short |
| Binance ARBUSDT | +0.0003% | 8h | 0.2222 | +0.031% | $64.7M | $308.9M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2219 | −0.075% | $11K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0047% | 1h | 0.2219 | −0.095% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2220 | −0.027% | $141K | $7K | 3x | |
| Lighter ARB | +0.0096% | 1h | 0.2222 | +0.032% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2223 | +0.086% | $38.6M | $49.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2221 | +0.018% | $659K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2222 | +0.046% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2223 | +0.077% | $19.6M | $15.5M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2221 | −0.005% | $21.2M | $35.0M | 50x | as long as short |
| BingX ARB-USDClong | +0.0100% | 8h | 0.2221 | long leg | — | $6.5M | — | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.145% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | −0.410% | $470K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.086% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2220 | −0.059% | $298K | $950K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | −0.140% | $4.9M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2222 | +0.041% | $507K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2224 | +0.119% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2219 | −0.081% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2221 | +0.009% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0564% | 1h | 0.2222 | +0.045% | $1.0M | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
dYdX ARB-USD
Extended ARB-USD
BloFin ARB-USDT
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP