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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2264 | 0.0065 | pay 0.0065% / 8h | 57m 05s | $21.4M | $36.8M | 50x |
| Short | Kraken Futures PF_ARBUSD | 0.2266 | 0.0236 | get 0.0030% / 1h | 57m 05s | $1.2M | $4.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 2.20 bp | 10.4 bp −$10 | 19.0 bp −$190 | 89.4 bp −$8,940 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 14.32 bp | 21.1 bp −$21 | 28.6 bp −$286 | 428.9 bp −$42.9K | doesn't fit |
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 | −0.1785% | 1h | 0.2253 | −0.486% | $41K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0273% | 1h | 0.2264 | −0.013% | $4K | $2.7M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0231% | 1h | 0.2263 | −0.035% | $77K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2263 | −0.022% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0176% | 8h | 0.2256 | −0.338% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2263 | −0.027% | $58.5M | $130.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0147% | 1h | 0.2264 | +0.004% | $26K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2263 | −0.027% | $22.8M | $160.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2263 | −0.031% | $37.5M | $58.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2264 | 0.000% | $12K | $398K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2265 | +0.029% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2263 | −0.039% | $360K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2264 | −0.012% | $65.1M | $313.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2265 | +0.035% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2264 | +0.013% | $5.5M | $19.9M | 60x | as long as short |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2266 | +0.080% | $3.1M | $3.3M | 75x | as long as short |
| Bitget ARBUSDTlong | +0.0065% | 8h | 0.2264 | long leg | $21.4M | $36.8M | 50x | |
| BingX ARB-USDC | +0.0069% | 8h | 0.2263 | −0.057% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2265 | +0.031% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2266 | +0.071% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | +0.146% | $40.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2265 | +0.034% | $705K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2266 | +0.067% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | +0.022% | $20.4M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2257 | −0.303% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2258 | −0.265% | $491K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2259 | −0.221% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.133% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2266 | +0.075% | $283K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | +0.044% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | +0.177% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0236% | 1h | 0.2266 | +0.069% | $1.2M | $4.9M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2265 | +0.035% | $848K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | −0.060% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2266 | +0.080% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0391% | 1h | 0.2267 | +0.141% | $889K | $2.8M | 20x | as long as short |
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Injective ARB/USDC PERP
SoDEX ARB-USD
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BloFin ARB-USDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP