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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget+0.620%104s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 3 days (all we have)−0.373%−$37 · spread now +0.620%, 7d avg +0.027%
Together, before fees−0.278%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.592% dearer against Bitget than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.22300.0088pay 0.0088% / 8h2h 15m$20.9M$38.3M50x
ShortedgeX ARBUSDC0.22440.0100get 0.0050% / 4h2h 15m$40K$456K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.52
Price spread: +0.620% → +0.027%
$59.22
Slippage, 4 orders
−$45.38
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$4.64
Costs to cover
0.664%
Break-even
19.9 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 8 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, 3 min ago2.23 bp12.5 bp −$1224.1 bp −$241102.1 bp −$10.2Kdoesn't fit
Sell edgeX live order book, 8 min ago13.39 bp19.7 bp −$20105.4 bp −$1,054doesn'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−0.1675%1h0.2231+0.045%$40K$197K12xas long as short
01 Exchange ARBUSD−0.0272%1h0.2234+0.161%$7K$2K10xas long as short
Variational Omni ARB−0.0161%8h0.2240+0.454%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0157%8h0.2229−0.027%$56.1M$135.9M50xas long as short
SoDEX ARB-USD−0.0113%1h0.2232+0.103%$4K$2.9M5xas long as short
Deribit ARB_USDC-PERPETUAL−0.0108%1h0.2234+0.170%$38K$20K25xas long as short
OKX ARB-USDT-SWAP−0.0103%8h0.2229−0.058%$22.2M$164.2M50xas long as short
MEXC ARB_USDT−0.0103%8h0.2228−0.067%$37.1M$63.8M200xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2234+0.199%$1.1M$5.2M50xas long as short
Polymarket Perps ARB-USD−0.0039%1h0.2234+0.170%$77K$2.2M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0018%8h0.2233+0.135%$11K$388K10xas long as short
Binance ARBUSDT−0.0010%8h0.2230−0.018%$63.4M$324.6M75xas long as short
Extended ARB-USD−0.0008%1h0.2228−0.076%$355K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2236+0.250%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2235+0.212%$56K150xas long as short
Gate ARB_USDT+0.0007%8h0.2230−0.022%$5.5M$21.6M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2234+0.190%$146K$12K3xas long as short
Bitget ARBUSDTlong+0.0088%8h0.2230long leg$20.9M$38.3M50x
BingX ARB-USDC+0.0088%8h0.2231+0.027%$6.5Mas long as short
Lighter ARB+0.0096%1h0.2231+0.058%$1.3M$7.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2232+0.072%$39.8M$52.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2231+0.064%$694K$1.8M20xas long as short
Pacifica ARB+0.0100%1h0.2235+0.242%$47K$199K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2230+0.018%$20.5M$17.0M75xas long as short
edgeX ARBUSDCshort+0.0100%4h0.2244+0.620%$40K$456K20x
GRVT ARB_USDT_Perp+0.0100%8h0.2244+0.617%$483K$4.1M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2242+0.538%$121K$297K50xas long as short
SunX ARB-USDT+0.0100%8h0.2234+0.179%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2234+0.161%$275K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2235+0.224%$5.2M$13.7M50xas long as short
BloFin ARB-USDT+0.0110%8h0.2239+0.404%$3.0M$3.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0154% / S −0.0018%1h0.2234+0.200%$847K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2249+0.852%$504K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2233+0.154%$2K$69520xas long as short
RISEx ARB/USDC+0.0546%1h0.2236+0.285%$496K$2.8M10xas long as short
Backpack ARB_USDC_PERP+0.0567%1h0.2236+0.274%$1.1M$2.7M20xas long as short