Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0200%/8h= +22.0% APRpaid last 24h +0.049%

Price spread now: RISEx against BloFin+0.150%143s7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.283% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.234%+$23 on $10k

Price spread, last 4 days (all we have)−0.696%−$70 · spread now +0.150%, 7d avg +0.035%

Together, before fees−0.462%−$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.116% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 143 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	0.2167	0.0070	pay 0.0070% / 8h	5h 28m	$3.0M	$2.0M	75x
Short	RISEx ARB/USDC	0.2170	0.0271	get 0.0034% / 1h	28m 58s	$542K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee RISExbpOrdersPrice spread, now +0.150%Rate

Funding earned: $42.1
Price spread: +0.150% → +0.035%: $11.58
Slippage, 4 orders: −$10.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $25.36
Costs to cover: 0.283%
Break-even: 2.8 days

Slippage from BloFin: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago	1.85 bp	9.8 bp −$10	21.3 bp −$213	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.15 bp	5.1 bp −$5	16.0 bp −$160	doesn't fit	doesn't fit

ARB on 36 exchanges

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	−0.1736%	1h	0.2160	−0.323%	$39K	$372K	12x	as long as short
Bybit ARBUSDT	−0.0236%	8h	0.2167	+0.005%	$53.5M	$120.8M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0232%	1h	0.2168	+0.046%	$1.1M	$3.9M	50x	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2168	+0.032%	$7K	$414	10x	as long as short
OKX ARB-USDT-SWAP	−0.0155%	8h	0.2167	0.000%	$22.6M	$139.5M	50x	as long as short
MEXC ARB_USDT	−0.0154%	8h	0.2167	−0.018%	$44.4M	$61.6M	200x	as long as short
SoDEX ARB-USD	−0.0150%	1h	0.2168	+0.032%	$9K	$2.2M	5x	as long as short
Polymarket Perps ARB-USD	−0.0145%	1h	0.2167	+0.009%	$70K	$1.9M	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0073%	1h	0.2169	+0.083%	$29K	$36K	25x	as long as short
Variational Omni ARB	−0.0061%	8h	0.2167	+0.006%	$1.8M	$2.6M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0050%	8h	0.2168	+0.039%	$63.8M	$286.0M	75x	as long as short
Extended ARB-USD	−0.0048%	1h	0.2167	−0.018%	$360K	$3.0M	25x	as long as short
Orderly PERP_ARB_USDC	−0.0015%	8h	0.2168	+0.046%	$16K	$401K	10x	as long as short
Gate ARB_USDT	−0.0003%	8h	0.2167	+0.009%	$5.5M	$16.5M	60x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2169	+0.113%	$63K	$3K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2170	+0.158%	$72K	—	150x	as long as short
Phemex ARBUSDT	+0.0062%	8h	0.2168	+0.046%	$4.6M	$12.5M	50x	as long as short
BloFin ARB-USDTlong	+0.0070%	8h	0.2167	long leg	$3.0M	$2.0M	75x
Aevo ARB-PERP	+0.0072%	1h	0.2169	+0.083%	$138K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2169	+0.092%	$1.3M	$5.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2169	+0.088%	$35.4M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2170	+0.137%	$620K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2169	+0.076%	$54K	$155K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2168	+0.069%	$18.8M	$13.2M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2168	+0.046%	$20.8M	$33.1M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2167	−0.023%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2168	+0.044%	$39K	$467K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2168	+0.055%	$461K	$3.3M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2168	+0.046%	$117K	$309K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2170	+0.138%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2169	+0.097%	$293K	$794K	50x	as long as short
Backpack ARB_USDC_PERP	+0.0153%	1h	0.2170	+0.143%	$967K	$2.7M	20x	as long as short
RISEx ARB/USDCshort	+0.0271%	1h	0.2170	+0.150%	$542K	$2.4M	10x
GMX ARB/USD [ARB-USDC]	L +0.0283% / S −0.0167%	1h	0.2169	+0.096%	$841K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2167	+0.019%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0424%	1h	0.2171	+0.185%	$517K	$1.4M	50x	as long as short