Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against BloFin+0.404%65s7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−1.555%−$155 · spread now +0.404%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.431% dearer against BloFin than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2202 | 0.0052 | pay 0.0052% / 8h | 4h 30m | $3.1M | $2.6M | 75x |
| Short | Bitget ARBUSDT | 0.2211 | 0.0066 | get 0.0066% / 8h | 4h 30m | $21.0M | $34.9M | 50x |
BloFin ARB-USDT
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.86
- Price spread: +0.404% → −0.027%
- $43.15
- Slippage, 4 orders
- −$20.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1.11
- Costs to cover
- 0.449%
- Break-even
- 4.3 days
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 0.46 bp | 8.3 bp −$8 | 12.8 bp −$128 | 41.9 bp −$4,188 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.28 bp | 12.6 bp −$13 | 22.8 bp −$228 | 124.3 bp −$12.4K | 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 | −0.1649% | 1h | 0.2191 | −0.504% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2205 | +0.141% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0135% | 8h | 0.2211 | +0.386% | $42.2M | $60.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0133% | 8h | 0.2212 | +0.431% | $22.2M | $149.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0124% | 1h | 0.2204 | +0.104% | $90K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0107% | 8h | 0.2202 | +0.007% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2207 | +0.223% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0071% | 8h | 0.2211 | +0.413% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0027% | 8h | 0.2211 | +0.386% | $55.8M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2208 | +0.284% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2205 | +0.150% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2208 | +0.268% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2207 | +0.223% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2210 | +0.367% | $64.3M | $307.6M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2206 | +0.177% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDTlong | +0.0052% | 8h | 0.2202 | long leg | $3.1M | $2.6M | 75x | |
| BingX ARB-USDT | +0.0064% | 8h | 0.2211 | +0.418% | — | $53.9M | — | as long as short |
| Bitget ARBUSDTshort | +0.0066% | 8h | 0.2211 | +0.404% | $21.0M | $34.9M | 50x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2208 | +0.264% | $140K | $7K | 3x | as long as short |
| SoDEX ARB-USD | +0.0087% | 1h | 0.2207 | +0.232% | $10K | $2.3M | 5x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2207 | +0.236% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | +0.486% | $38.0M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2206 | +0.178% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2206 | +0.158% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2208 | +0.245% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2190 | −0.572% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2191 | −0.517% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.322% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2208 | +0.268% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2206 | +0.182% | $299K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2208 | +0.268% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2210 | +0.359% | $493K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2207 | +0.200% | $463K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2207 | +0.206% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2204 | +0.086% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0632% | 1h | 0.2214 | +0.559% | $997K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDT
Aevo ARB-PERP
SoDEX ARB-USD
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
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP