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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: SunX against Bitget+0.184%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1831.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)+0.285%+$29 · spread now +0.184%, 7d avg +0.114%
Together, before fees+0.385%+$38 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 SunX is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.21730.0084pay 0.0084% / 8h23m 55s$21.0M$34.6M50x
ShortSunX ARB-USDT0.21770.0100get 0.0100% / 8h23m 55s$2K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$3.36
Price spread: +0.184% → +0.114%
$6.99
Slippage, 4 orders
−$163.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$172.82
Costs to cover
1.832%
Break-even
367.0 days
Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago2.30 bp12.8 bp −$1320.1 bp −$20190.8 bp −$9,077doesn't fit
Sell SunX live order book, 9 min ago32.14 bp97.0 bp −$97doesn't fitdoesn'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−0.1612%1h0.2167−0.276%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0200%1h0.2174+0.060%$7K$23610xas long as short
MEXC ARB_USDT−0.0085%8h0.2174+0.046%$41.7M$62.5M200xas long as short
OKX ARB-USDT-SWAP−0.0083%8h0.2173+0.018%$21.8M$144.0M50xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.21730.000%$12K$404K10xas long as short
SoDEX ARB-USD−0.0020%1h0.2174+0.032%$9K$2.2M5xas long as short
Binance ARBUSDT−0.0012%8h0.2174+0.042%$62.3M$301.1M75xas long as short
Extended ARB-USD−0.0008%1h0.2173−0.017%$347K$3.1M25xas long as short
Polymarket Perps ARB-USD−0.0005%1h0.2175+0.106%$69K$2.1M10xas long as short
dYdX ARB-USD0.0000%1h0.2175+0.073%$64K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2175+0.097%$28K$38K25xas long as short
Variational Omni ARB+0.0002%8h0.2173+0.011%$1.8M$3.0Mas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0007%1h0.2174+0.046%$69K150xas long as short
Bybit ARBUSDT+0.0013%8h0.2173+0.005%$53.1M$126.1M50xas long as short
Gate ARB_USDT+0.0016%8h0.2174+0.046%$5.3M$18.4M60xas long as short
RISEx ARB/USDC+0.0069%1h0.2175+0.095%$495K$2.6M10xas long as short
Aevo ARB-PERP+0.0080%1h0.2175+0.092%$138K$7K3xas long as short
BingX ARB-USDT+0.0081%8h0.2173+0.009%$33.1Mas long as short
Bitget ARBUSDTlong+0.0084%8h0.2173long leg$21.0M$34.6M50x
Kraken Futures PF_ARBUSD+0.0093%1h0.2175+0.082%$1.1M$4.4M50xas long as short
Lighter ARB+0.0096%1h0.2173+0.014%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2175+0.110%$36.6M$49.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2175+0.090%$623K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2176+0.122%$43K$147K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2174+0.037%$19.3M$14.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2179+0.273%$38K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2180+0.332%$468K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.21730.000%$117K$279K50xas long as short
SunX ARB-USDTshort+0.0100%8h0.2177+0.184%$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2175+0.083%$291K$841K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2174+0.046%$4.8M$12.7M50xas long as short
BloFin ARB-USDT+0.0108%8h0.2174+0.051%$3.0M$2.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2176+0.135%$820K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2173+0.001%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2176+0.138%$510K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0508%1h0.2177+0.170%$977K$2.9M20xas long as short