Funding you earn now, next payment 08:00 UTC−0.0158%/8h= −17.3% APRnext payment −$1.58 per $10,000 · paid last 24h −0.043%
Price spread now: Orderly against Bitget+0.045%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 3 days (all we have)+0.424%+$42 · spread now +0.045%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2216 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $21.2M | $36.2M | 50x |
| Short | Orderly PERP_ARB_USDC | 0.2217 | −0.0058 | pay 0.0058% / 8h | 6h 32m | $13K | $381K | 10x |
Bitget ARBUSDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$33.15
- Price spread: +0.045% → +0.035%
- $1.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$50.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: 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 | 2.26 bp | 10.4 bp −$10 | 22.9 bp −$229 | 110.6 bp −$11.1K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 35 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 | −0.1692% | 1h | 0.2212 | −0.181% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2217 | +0.050% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0214% | 1h | 0.2217 | +0.050% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0176% | 8h | 0.2226 | +0.470% | $1.9M | $2.9M | — | as long as short |
| ApeX Omni ARBUSDT | −0.0156% | 1h | 0.2226 | +0.451% | $120K | $296K | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2217 | +0.023% | $40.3M | $59.5M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0112% | 8h | 0.2216 | 0.000% | $22.4M | $157.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0068% | 8h | 0.2216 | +0.014% | $57.0M | $129.0M | 50x | as long as short |
| Gate ARB_USDT | −0.0061% | 8h | 0.2217 | +0.054% | $5.4M | $19.7M | 60x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0058% | 8h | 0.2217 | +0.045% | $13K | $381K | 10x |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
ApeX Omni ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Bybit ARBUSDT
Gate ARB_USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0020% | 1h | 0.2218 | +0.099% | $24K | $34K | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2221 | +0.217% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0004% / S −0.0002% | 1h | 0.2218 | +0.109% | $21K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2217 | +0.027% | $64.6M | $318.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2216 | +0.016% | $355K | $2.5M | 25x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2219 | +0.120% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2216 | +0.005% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.054% | $38.2M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2220 | +0.188% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2218 | +0.104% | $42K | $188K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2217 | +0.059% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDTlong | +0.0100% | 8h | 0.2216 | long leg | $21.2M | $36.2M | 50x | |
| BingX ARB-USDC | +0.0100% | 8h | 0.2218 | +0.095% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2225 | +0.395% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2225 | +0.405% | $473K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2219 | +0.140% | $77K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.045% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.054% | $296K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | +0.090% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2227 | +0.496% | $509K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2219 | +0.127% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2217 | +0.058% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2218 | +0.111% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2219 | +0.124% | $468K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0546% | 1h | 0.2219 | +0.149% | $1.0M | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP