Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.024%
Price spread now: Bybit against BingX+0.055%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$590.585% of the position
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.055%, 7d avg +0.056%
=The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2181 | 0.0075 | pay 0.0075% / 8h | 2h 44m | — | $6.5M | — |
| Short | Bybit ARBUSDT | 0.2182 | −0.0079 | pay 0.0079% / 8h | 2h 44m | $54.3M | $123.7M | 50x |
BingX ARB-USDC
Bybit ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$32.45
- Price spread: +0.055% → +0.056%
- −$0.12
- Slippage, 4 orders
- −$37.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.11
- Costs to cover
- 0.585%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 4.13 bp | 18.8 bp −$19 | 37.8 bp −$378 | 92.5 bp −$9,251 | 631.1 bp −$315.6K |
| Sell Bybit live order book, 5 min ago | 0.23 bp | 8.3 bp −$8 | 17.2 bp −$172 | 45.6 bp −$4,556 | 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 | −0.1581% | 1h | 0.2169 | −0.541% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2180 | −0.050% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0174% | 1h | 0.2181 | +0.028% | $72K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0103% | 8h | 0.2176 | −0.203% | $1.7M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0095% | 8h | 0.2184 | +0.142% | $41.1M | $60.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0094% | 8h | 0.2183 | +0.105% | $21.7M | $142.4M | 50x | as long as short |
| Bybit ARBUSDTshort | −0.0079% | 8h | 0.2182 | +0.055% | $54.3M | $123.7M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2185 | +0.179% | $1.1M | $4.4M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0058% | 8h | 0.2183 | +0.101% | $13K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2181 | −0.009% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2184 | +0.156% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2182 | +0.055% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0041% | 8h | 0.2183 | +0.105% | $5.4M | $18.1M | 60x | as long as short |
| Bitget ARBUSDT | +0.0047% | 8h | 0.2183 | +0.101% | $20.8M | $34.1M | 50x | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2183 | +0.117% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0072% | 8h | 0.2183 | +0.117% | $62.7M | $300.1M | 75x | as long as short |
| BingX ARB-USDClong | +0.0075% | 8h | 0.2181 | long leg | — | $6.5M | — | |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2181 | −0.009% | $444K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.138% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2184 | +0.160% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | +0.165% | $36.9M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | +0.083% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2181 | −0.007% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2184 | +0.138% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2179 | −0.072% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2180 | −0.042% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2179 | −0.083% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.193% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2184 | +0.133% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.170% | $290K | $892K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2184 | +0.147% | $4.9M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0192% | 8h | 0.2180 | −0.037% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2182 | +0.068% | $823K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | +0.193% | $501K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | +0.027% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0670% | 1h | 0.2187 | +0.266% | $981K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP