Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.027%
Price spread now: Binance against BloFin−0.046%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now −0.046%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2189 | 0.0029 | pay 0.0029% / 8h | 46m 54s | $3.0M | $2.3M | 75x |
| Short | Binance ARBUSDT | 0.2188 | 0.0007 | get 0.0007% / 8h | 46m 54s | $62.6M | $301.3M | 75x |
BloFin ARB-USDT
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$4.5
- Price spread: −0.046% → 0.000%
- −$4.55
- Slippage, 4 orders
- −$10.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.7
- Costs to cover
- 0.326%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 12 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 BloFin live order book, 1 min ago | 0.23 bp | 9.4 bp −$9 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.23 bp | 6.8 bp −$7 | 16.8 bp −$168 | 70.7 bp −$7,072 | 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 | −0.1612% | 1h | 0.2184 | −0.247% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2191 | +0.069% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0087% | 8h | 0.2188 | −0.069% | $42.2M | $61.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0087% | 8h | 0.2189 | −0.037% | $22.0M | $144.6M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0069% | 1h | 0.2190 | +0.041% | $28K | $38K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2190 | +0.027% | $13K | $407K | 10x | as long as short |
| Variational Omni ARB | −0.0022% | 8h | 0.2193 | +0.147% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0002% | 8h | 0.2188 | −0.073% | $53.6M | $126.1M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2193 | +0.181% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2191 | +0.091% | $44K | — | 150x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDC
Variational Omni ARB
Bybit ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTshort | +0.0007% | 8h | 0.2188 | −0.046% | $62.6M | $301.3M | 75x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2187 | −0.096% | $350K | $3.0M | 25x | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2189 | −0.037% | $5.4M | $18.3M | 60x | as long as short |
| BloFin ARB-USDTlong | +0.0029% | 8h | 0.2189 | long leg | $3.0M | $2.3M | 75x | |
| Polymarket Perps ARB-USD | +0.0030% | 1h | 0.2191 | +0.055% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USD | +0.0034% | 1h | 0.2190 | +0.018% | $9K | $2.2M | 5x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2192 | +0.112% | $493K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0078% | 8h | 0.2190 | +0.027% | $21.1M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0079% | 8h | 0.2189 | −0.037% | — | $33.2M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2191 | +0.094% | $139K | $7K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2191 | +0.083% | $1.1M | $4.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2190 | +0.050% | $1.2M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.050% | $37.0M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | +0.053% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2193 | +0.167% | $43K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2189 | −0.023% | $19.4M | $14.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2192 | +0.131% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2193 | +0.172% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | +0.210% | $118K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.164% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.069% | $292K | $833K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2191 | +0.073% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2191 | +0.093% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2190 | +0.041% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2200 | +0.502% | $526K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0767% | 1h | 0.2192 | +0.114% | $988K | $2.8M | 20x | as long as short |
Extended ARB-USD
Gate ARB_USDT
Polymarket Perps ARB-USD
SoDEX ARB-USD
RISEx ARB/USDC
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP