Funding you earn now, next payment 01:00 UTC−0.1773%/8h= −194.2% APRpaid last 24h −0.523%
Price spread now: Injective against BloFin−0.476%7-day average −0.437% · you buy dearer than you sell
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
Funding, last 7 days−3.639%−$364 on $10k
+Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.476%, 7d avg −0.437%
=Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Injective is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.437%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2248 | 0.0107 | pay 0.0107% / 8h | 7h 40m | $3.1M | $2.8M | 75x |
| Short | Injective ARB/USDC PERP | 0.2237 | −0.1666 | pay 0.0208% / 1h | 40m 43s | $40K | $372K | 12x |
BloFin ARB-USDT
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$372.41
- Price spread: −0.476% → −0.437%
- −$3.94
- Slippage, 4 orders
- −$112.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$500.92
- Costs to cover
- 1.246%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Injective: live order book, 33 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 | 0.89 bp | 11.5 bp −$12 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Injective live order book, 33 min ago | 50.58 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | 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 PERPshort | −0.1666% | 1h | 0.2237 | −0.476% | $40K | $372K | 12x | |
| Bybit ARBUSDT | −0.0249% | 8h | 0.2248 | +0.013% | $58.0M | $127.0M | 50x | as long as short |
| Variational Omni ARB | −0.0214% | 8h | 0.2246 | −0.080% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2246 | −0.058% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2249 | +0.065% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2249 | +0.040% | $22.6M | $157.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2246 | −0.071% | $38.3M | $59.0M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0045% | 8h | 0.2248 | +0.013% | $12K | $387K | 10x | as long as short |
| SoDEX ARB-USD | −0.0042% | 1h | 0.2246 | −0.053% | $4K | $2.6M | 5x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2245 | −0.126% | $359K | $2.9M | 25x | as long as short |
Bybit ARBUSDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0013% | 8h | 0.2248 | +0.022% | $66.2M | $311.2M | 75x | as long as short |
| Phemex ARBUSDT | −0.0010% | 8h | 0.2247 | −0.031% | $5.1M | $13.0M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2248 | −0.003% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2248 | +0.031% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2249 | +0.053% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0011% | 8h | 0.2247 | −0.044% | $5.4M | $19.7M | 60x | as long as short |
| BingX ARB-USDT | +0.0056% | 8h | 0.2248 | +0.031% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2248 | +0.013% | $21.4M | $36.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2249 | +0.052% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2249 | +0.067% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2249 | +0.071% | $40.5M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2246 | −0.077% | $698K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2248 | +0.009% | $44K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2249 | +0.071% | $19.6M | $16.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2248 | +0.036% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2250 | +0.102% | $490K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2250 | +0.102% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2247 | −0.013% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2248 | +0.013% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2250 | +0.080% | $293K | $1.0M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0107% | 8h | 0.2248 | long leg | $3.1M | $2.8M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2252 | +0.209% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2248 | +0.024% | $895K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2246 | −0.056% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2248 | +0.032% | $503K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0425% | 1h | 0.2248 | +0.036% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
Phemex ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
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
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP