Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Bitget+0.136%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$12 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.136% dearer against Bitget than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARBUSDT	0.2207	0.0081	pay 0.0081% / 8h	2h 54m	$20.7M	$38.8M	50x
Short	dYdX ARB-USD	0.2210	0	get 0.0000% / 1h	54m 05s	$65K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee BitgetbpFee dYdXbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$17.01
Price spread: +0.136% → 0.000%: $13.59
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$25.42
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.

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 Bitget live order book, 5 min ago	2.25 bp	14.1 bp −$14	23.0 bp −$230	140.7 bp −$14.1K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1675%	1h	0.2199	−0.362%	$40K	$107K	12x	as long as short
ApeX Omni ARBUSDT	−0.0762%	1h	0.2207	0.000%	$120K	$297K	50x	as long as short
01 Exchange ARBUSD	−0.0424%	1h	0.2207	−0.005%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0252%	8h	0.2207	−0.014%	$57.4M	$134.8M	50x	as long as short
Variational Omni ARB	−0.0192%	8h	0.2210	+0.120%	$1.9M	$2.8M	—	as long as short
Polymarket Perps ARB-USD	−0.0156%	1h	0.2207	−0.005%	$69K	$2.3M	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0112%	1h	0.2209	+0.077%	$36K	$18K	25x	as long as short
SoDEX ARB-USD	−0.0080%	1h	0.2208	+0.045%	$4K	$2.9M	5x	as long as short
MEXC ARB_USDT	−0.0066%	8h	0.2207	+0.014%	$37.1M	$62.9M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0065%	8h	0.2207	+0.009%	$22.1M	$163.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARBUSD	−0.0054%	1h	0.2210	+0.114%	$1.1M	$5.2M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0007%	8h	0.2208	+0.045%	$10K	$381K	10x	as long as short
dYdX ARB-USDshort	0.0000%	1h	0.2210	+0.136%	$65K	$4K	10x
Extended ARB-USD	0.0000%	1h	0.2208	+0.037%	$351K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2207	+0.017%	$62.9M	$325.8M	75x	as long as short
BloFin ARB-USDT	+0.0002%	8h	0.2215	+0.385%	$3.0M	$3.2M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2209	+0.082%	$55K	—	150x	as long as short
Gate ARB_USDT	+0.0019%	8h	0.2207	+0.014%	$5.5M	$21.4M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2209	+0.075%	$144K	$12K	3x	as long as short
Bitget ARBUSDTlong	+0.0081%	8h	0.2207	long leg	$20.7M	$38.8M	50x
BingX ARB-USDT	+0.0083%	8h	0.2208	+0.054%	—	$54.2M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2209	+0.072%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2209	+0.072%	$39.6M	$53.0M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2208	+0.032%	$695K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2210	+0.119%	$46K	$206K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2208	+0.059%	$20.3M	$17.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2213	+0.262%	$38K	$448K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2213	+0.277%	$470K	$4.3M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2210	+0.136%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2207	0.000%	$271K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2208	+0.045%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0275% / S −0.0166%	1h	0.2208	+0.063%	$804K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2212	+0.227%	$505K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2205	−0.090%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0318%	1h	0.2210	+0.145%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2209	+0.111%	$484K	$2.9M	10x	as long as short