Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.67 per $10,000 · paid last 24h −0.013%
Price spread now: SunX against BloFin−0.013%55s7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as 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−$1781.778% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.266%+$27 · spread now −0.013%, 7d avg +0.082%
=Funding pays, the price is against you. SunX is 0.095% cheaper against BloFin than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.082%). If the spread goes back, that is −$10 on $10k: about 4.7 days of funding at the current rate (+$2 a day). The two prices were read 55 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 | 0.2251 | 0.0033 | pay 0.0033% / 8h | 2h 26m | $3.0M | $3.3M | 75x |
| Short | SunX ARB-USDT | 0.2251 | 0.0100 | get 0.0100% / 8h | 2h 26m | $1K | $1.1M | 30x |
BloFin ARB-USDT
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $14.16
- Price spread: −0.013% → +0.082%
- −$9.53
- Slippage, 4 orders
- −$157.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$173.21
- Costs to cover
- 1.778%
- Break-even
- 92.6 days
Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 7 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 | 0.22 bp | 9.3 bp −$9 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 33.42 bp | 89.5 bp −$89 | 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 PERP | −0.1675% | 1h | 0.2239 | −0.546% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2249 | −0.102% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0175% | 8h | 0.2251 | −0.004% | $56.6M | $136.0M | 50x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | −0.096% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0090% | 8h | 0.2251 | −0.031% | $22.4M | $166.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0089% | 8h | 0.2250 | −0.080% | $37.9M | $63.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0082% | 1h | 0.2250 | −0.058% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0061% | 1h | 0.2252 | +0.044% | $38K | $20K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2252 | +0.018% | $1.1M | $5.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0015% | 8h | 0.2252 | +0.031% | $11K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0004% | 1h | 0.2249 | −0.102% | $78K | $2.2M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2250 | −0.065% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2252 | +0.038% | $59K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2251 | −0.004% | $64.0M | $325.0M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2250 | −0.070% | $358K | $2.4M | 25x | as long as short |
| Gate ARB_USDT | +0.0015% | 8h | 0.2251 | +0.004% | $5.5M | $21.6M | 60x | as long as short |
| BloFin ARB-USDTlong | +0.0033% | 8h | 0.2251 | long leg | $3.0M | $3.3M | 75x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2253 | +0.064% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2249 | −0.102% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0086% | 8h | 0.2251 | −0.013% | $21.1M | $38.5M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2251 | −0.013% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2252 | +0.031% | $40.3M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2249 | −0.120% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2251 | −0.027% | $47K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2250 | −0.040% | $20.8M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2249 | −0.115% | $36K | $453K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | −0.098% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2248 | −0.147% | $122K | $297K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2251 | −0.013% | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2248 | −0.133% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2250 | −0.058% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2252 | +0.036% | $853K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.049% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2249 | −0.116% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2250 | −0.058% | $495K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2254 | +0.115% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP