Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.023%

Price spread now: gTrade (Gains Network) against Bitget+0.110%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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. gTrade (Gains Network) is 0.110% dearer against Bitget than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARBUSDT	0.2188	0.0052	pay 0.0052% / 8h	3h 12m	$20.8M	$33.8M	50x
Short	gTrade (Gains Network) ARB/USD	0.2190	L +0.0005% / S −0.0009%	get 0.0001% / 1h	12m 57s	$44K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.110%Rate

Funding earned: −$8.96
Price spread: +0.110% → 0.000%: $10.97
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$19.99
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; gTrade (Gains Network): 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, 1 min ago	2.29 bp	11.5 bp −$12	16.9 bp −$169	86.3 bp −$8,631	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1589%	1h	0.2183	−0.229%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0168%	1h	0.2189	+0.055%	$69K	$2.1M	10x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2188	−0.014%	$41.3M	$60.7M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2187	−0.041%	$22.0M	$141.7M	50x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2191	+0.131%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0063%	8h	0.2190	+0.091%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0053%	8h	0.2187	−0.037%	$55.2M	$123.1M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2191	+0.153%	$1.1M	$4.4M	50x	as long as short
01 Exchange ARBUSD	−0.0016%	1h	0.2190	+0.087%	$7K	$1K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2191	+0.117%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2191	+0.123%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0009%	1h	0.2190	+0.110%	$44K	—	150x
Gate ARB_USDT	+0.0005%	8h	0.2190	+0.078%	$5.3M	$18.2M	60x	as long as short
Bitget ARBUSDTlong	+0.0052%	8h	0.2188	long leg	$20.8M	$33.8M	50x
BingX ARB-USDC	+0.0053%	8h	0.2187	−0.027%	—	$6.5M	—	as long as short
Extended ARB-USD	+0.0056%	1h	0.2186	−0.077%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0056%	8h	0.2188	−0.001%	$63.9M	$298.6M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2190	+0.078%	$1.3M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2191	+0.144%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2191	+0.142%	$37.4M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2191	+0.124%	$630K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2189	+0.047%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2190	+0.069%	$19.6M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2191	+0.139%	$38K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2192	+0.186%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2194	+0.274%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2193	+0.229%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2190	+0.091%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2191	+0.133%	$296K	$884K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2190	+0.091%	$5.0M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2191	+0.133%	$444K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0176%	8h	0.2191	+0.119%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2193	+0.229%	$494K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2191	+0.129%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2189	+0.061%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0578%	1h	0.2193	+0.229%	$984K	$2.8M	20x	as long as short