Funding you earn now, next payment 23:00 UTC−0.0288%/8h= −31.5% APRpaid last 24h −0.099%
Price spread now: 01 Exchange against Bitget−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.067% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2227 | 0.0088 | pay 0.0088% / 8h | 1h 55m | $20.9M | $38.1M | 50x |
| Short | 01 Exchange ARBUSD | 0.2225 | −0.0200 | pay 0.0025% / 1h | 55m 07s | $7K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$60.48
- Price spread: −0.067% → 0.000%
- −$6.74
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$86.22
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; 01 Exchange: 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, 4 min ago | 4.51 bp | 11.1 bp −$11 | 22.7 bp −$227 | 125.3 bp −$12.5K | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.1770% | 1h | 0.2213 | −0.629% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSDshort | −0.0200% | 1h | 0.2225 | −0.067% | $7K | $2K | 10x | |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.249% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0131% | 8h | 0.2227 | −0.009% | $57.3M | $136.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2227 | −0.004% | $36.7M | $62.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2228 | +0.054% | $22.3M | $163.6M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2227 | 0.000% | $10K | $391K | 10x | as long as short |
| Binance ARBUSDT | −0.0016% | 8h | 0.2229 | +0.081% | $63.5M | $323.7M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | −0.022% | $353K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | −0.099% | $66K | $4K | 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 | 0.2228 | +0.058% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2228 | +0.034% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2228 | +0.045% | $5.5M | $20.6M | 60x | as long as short |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2227 | +0.018% | $4K | $2.9M | 5x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2228 | +0.051% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2231 | +0.160% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDTlong | +0.0088% | 8h | 0.2227 | long leg | $20.9M | $38.1M | 50x | |
| BingX ARB-USDC | +0.0089% | 8h | 0.2227 | −0.004% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.094% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | +0.144% | $39.8M | $52.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | +0.034% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | −0.109% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2229 | +0.108% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.399% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | −0.318% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.269% | $120K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2227 | 0.000% | $76K | $2.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | −0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.022% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.045% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2229 | +0.081% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.180% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2228 | +0.050% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | −0.022% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2227 | −0.021% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0722% | 1h | 0.2232 | +0.229% | $1.1M | $2.7M | 20x | as long as short |
Bitget ARBUSDT
01 Exchange ARBUSD
Injective ARB/USDC PERP
Variational Omni ARB
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP