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+0.0171%/8h= +18.7% APRpaid last 24h −0.012%
Price spread now: Kraken Futures against Bitget+0.069%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 3 days (all we have)+0.779%+$78 · spread now +0.069%, 7d avg +0.087%
Together, before fees+0.670%+$67 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.087%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.22640.0065pay 0.0065% / 8h57m 05s$21.4M$36.8M50x
ShortKraken Futures PF_ARBUSD0.22660.0236get 0.0030% / 1h57m 05s$1.2M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$35.91
Price spread: +0.069% → +0.087%
−$1.84
Slippage, 4 orders
−$42.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$30.4
Costs to cover
0.645%
Break-even
12.9 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 2 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, 2 min ago2.20 bp10.4 bp −$1019.0 bp −$19089.4 bp −$8,940doesn't fit
Sell Kraken Futures live order book, 2 min ago14.32 bp21.1 bp −$2128.6 bp −$286428.9 bp −$42.9Kdoesn'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−0.1785%1h0.2253−0.486%$41K$372K12xas long as short
SoDEX ARB-USD−0.0273%1h0.2264−0.013%$4K$2.7M5xas long as short
Polymarket Perps ARB-USD−0.0231%1h0.2263−0.035%$77K$2.0M10xas long as short
01 Exchange ARBUSD−0.0216%1h0.2263−0.022%$7K$2K10xas long as short
Variational Omni ARB−0.0176%8h0.2256−0.338%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0161%8h0.2263−0.027%$58.5M$130.3M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0147%1h0.2264+0.004%$26K$32K25xas long as short
OKX ARB-USDT-SWAP−0.0102%8h0.2263−0.027%$22.8M$160.3M50xas long as short
MEXC ARB_USDT−0.0102%8h0.2263−0.031%$37.5M$58.9M200xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.22640.000%$12K$398K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2265+0.029%$67K$4K10xas long as short
Extended ARB-USD0.0000%1h0.2263−0.039%$360K$2.3M25xas long as short
Binance ARBUSDT+0.0002%8h0.2264−0.012%$65.1M$313.3M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2265+0.035%$56K150xas long as short
Gate ARB_USDT+0.0034%8h0.2264+0.013%$5.5M$19.9M60xas long as short
BloFin ARB-USDT+0.0042%8h0.2266+0.080%$3.1M$3.3M75xas long as short
Bitget ARBUSDTlong+0.0065%8h0.2264long leg$21.4M$36.8M50x
BingX ARB-USDC+0.0069%8h0.2263−0.057%$6.5Mas long as short
Aevo ARB-PERP+0.0080%1h0.2265+0.031%$148K$12K3xas long as short
Lighter ARB+0.0096%1h0.2266+0.071%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2267+0.146%$40.9M$48.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2265+0.034%$705K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2266+0.067%$47K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2265+0.022%$20.4M$16.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2257−0.303%$40K$460K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2258−0.265%$491K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2259−0.221%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2267+0.133%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2266+0.075%$283K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2265+0.044%$5.2M$13.2M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2268+0.177%$511K$2.3M50xas long as short
Kraken Futures PF_ARBUSDshort+0.0236%1h0.2266+0.069%$1.2M$4.9M50x
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0157%1h0.2265+0.035%$848K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2263−0.060%$2K$69520xas long as short
RISEx ARB/USDC+0.0330%1h0.2266+0.080%$502K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0391%1h0.2267+0.141%$889K$2.8M20xas long as short