Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.083%
Price spread now: Coinbase International against Bitget+0.182%7-day average +0.183% · 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−$66as in the Price arb table
costs, in and out, $10k−$650.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.344%+$34 on $10k
Price spread, last 4 days (all we have)+1.382%+$138 · spread now +0.182%, 7d avg +0.183%
Together, before fees+1.726%+$173 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.183%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.21940.0061pay 0.0061% / 8h4h 04m$20.8M$34.3M50x
ShortCoinbase International ARB-PERP-INTX0.21980.0224get 0.0028% / 1h4m 54s$487K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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

Funding earned
$34.23
Price spread: +0.182% → +0.183%
−$0.08
Slippage, 4 orders
−$43.47
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$31.31
Costs to cover
0.655%
Break-even
13.4 days
Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago2.27 bp12.1 bp −$1219.7 bp −$197117.5 bp −$11.7Kdoesn't fit
Sell Coinbase International live order book, 4 min ago10.23 bp16.5 bp −$1724.7 bp −$247doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2186−0.365%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2195+0.041%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0158%1h0.2195+0.027%$86K$2.2M10xas long as short
MEXC ARB_USDT−0.0118%8h0.2196+0.077%$41.5M$60.9M200xas long as short
OKX ARB-USDT-SWAP−0.0117%8h0.2195+0.046%$22.1M$145.0M50xas long as short
Variational Omni ARB−0.0096%8h0.2192−0.111%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0075%8h0.2196+0.091%$12K$400K10xas long as short
Gate ARB_USDT−0.0048%8h0.2195+0.050%$5.3M$18.8M60xas long as short
Bybit ARBUSDT−0.0032%8h0.2194−0.009%$55.3M$125.2M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2197+0.123%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2195+0.068%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2197+0.141%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2196+0.109%$32K150xas long as short
Binance ARBUSDT+0.0020%8h0.2195+0.055%$63.8M$302.0M75xas long as short
Extended ARB-USD+0.0024%1h0.21940.000%$348K$2.5M25xas long as short
SoDEX ARB-USD+0.0028%1h0.2196+0.073%$10K$2.3M5xas long as short
Bitget ARBUSDTlong+0.0061%8h0.2194long leg$20.8M$34.3M50x
BingX ARB-USDT+0.0063%8h0.2195+0.046%$53.8Mas long as short
BloFin ARB-USDT+0.0081%8h0.2195+0.059%$3.1M$2.6M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2197+0.124%$139K$7K3xas long as short
Lighter ARB+0.0096%1h0.2196+0.087%$1.2M$5.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2197+0.114%$37.7M$48.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2198+0.185%$633K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2195+0.064%$42K$168K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2195+0.064%$19.5M$14.9M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2195+0.032%$38K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2195+0.046%$466K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.21940.000%$118K$284K50xas long as short
SunX ARB-USDT+0.0100%8h0.2198+0.182%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2197+0.132%$298K$909K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2197+0.137%$5.0M$12.9M50xas long as short
Coinbase International ARB-PERP-INTXshort+0.0224%1h0.2198+0.182%$487K$1.9M50x
RISEx ARB/USDC+0.0225%1h0.2197+0.116%$464K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2197+0.125%$829K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2194+0.018%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0607%1h0.2199+0.232%$990K$2.8M20xas long as short