Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.7% APRnext payment −$1.52 per $10,000 · paid last 24h −0.055%
Price spread now: Orderly against BloFin+0.009%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.323%−$32 on $10k
+Price spread, last 3 days (all we have)+0.109%+$11 · spread now +0.009%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2249 | 0.0108 | pay 0.0108% / 8h | 7h 38m | $3.1M | $2.7M | 75x |
| Short | Orderly PERP_ARB_USDC | 0.2249 | −0.0044 | pay 0.0044% / 8h | 7h 38m | $12K | $387K | 10x |
BloFin ARB-USDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$31.97
- Price spread: +0.009% → −0.005%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$48.61
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Orderly: 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 BloFin live order book, 5 min ago | 0.89 bp | 11.5 bp −$12 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1666% | 1h | 0.2240 | −0.391% | $40K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0217% | 8h | 0.2248 | −0.036% | $58.0M | $127.0M | 50x | as long as short |
| Variational Omni ARB | −0.0214% | 8h | 0.2246 | −0.129% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2252 | +0.129% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2250 | +0.051% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2248 | −0.013% | $22.5M | $157.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0117% | 8h | 0.2248 | −0.044% | $38.4M | $59.0M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0106% | 1h | 0.2249 | −0.009% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0044% | 8h | 0.2249 | +0.009% | $12K | $387K | 10x | |
| SoDEX ARB-USD | −0.0043% | 1h | 0.2248 | −0.036% | $4K | $2.6M | 5x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ARBUSDT | −0.0025% | 8h | 0.2249 | +0.009% | $5.1M | $13.0M | 50x | as long as short |
| Binance ARBUSDT | −0.0010% | 8h | 0.2249 | +0.018% | $66.2M | $311.2M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2249 | −0.010% | $359K | $3.0M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2248 | −0.052% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2251 | +0.083% | $55K | — | 150x | as long as short |
| BingX ARB-USDT | +0.0056% | 8h | 0.2246 | −0.107% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2248 | −0.036% | $21.4M | $36.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2249 | +0.025% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2249 | +0.027% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2249 | +0.022% | $40.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2249 | +0.006% | $699K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2249 | +0.013% | $44K | $186K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2248 | −0.058% | $5.4M | $19.7M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2250 | +0.040% | $19.6M | $15.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2247 | −0.097% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2250 | +0.053% | $490K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2246 | −0.125% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2250 | +0.067% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2253 | +0.187% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2249 | +0.013% | $293K | $1.0M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0108% | 8h | 0.2249 | long leg | $3.1M | $2.7M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2252 | +0.160% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2250 | +0.075% | $896K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2249 | +0.017% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2253 | +0.206% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0449% | 1h | 0.2252 | +0.151% | $1.0M | $2.8M | 20x | as long as short |
Phemex ARBUSDT
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
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