Funding you earn now, next payment 22:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Bybit+0.165%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.165% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2246 | −0.0191 | get 0.0191% / 8h | 2h 29m | $56.5M | $136.1M | 50x |
| Short | gTrade (Gains Network) ARB/USD | 0.2250 | L +0.0005% / S −0.0004% | get 0.0001% / 1h | 29m 55s | $58K | — | 150x |
Bybit ARBUSDT
gTrade (Gains Network) ARB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bybit. 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
- $40.97
- Price spread: +0.165% → 0.000%
- $16.47
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $36.44
- Costs to cover
- 0.210%
- Break-even
- 0.8 days
Slippage unknown: Bybit: live order book, 4 min ago; gTrade (Gains Network): 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 Bybit live order book, 4 min ago | 0.22 bp | 14.4 bp −$14 | 24.6 bp −$246 | 48.8 bp −$4,875 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.1675% | 1h | 0.2241 | −0.218% | $40K | $197K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0328% | 1h | 0.2247 | +0.058% | $38K | $20K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2251 | +0.245% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0191% | 8h | 0.2246 | long leg | $56.5M | $136.1M | 50x | |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | +0.145% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0084% | 8h | 0.2245 | −0.018% | $22.4M | $166.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0080% | 8h | 0.2245 | −0.045% | $37.8M | $63.5M | 200x | as long as short |
| SoDEX ARB-USD | −0.0075% | 1h | 0.2246 | +0.004% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2248 | +0.083% | $1.1M | $5.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0013% | 8h | 0.2248 | +0.094% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2249 | +0.133% | $66K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0003% | 1h | 0.2251 | +0.249% | $78K | $2.3M | 10x | as long as short |
| gTrade (Gains Network) ARB/USDshort | L +0.0005% / S −0.0004% | 1h | 0.2250 | +0.165% | $58K | — | 150x | |
| Binance ARBUSDT | +0.0012% | 8h | 0.2246 | +0.009% | $63.9M | $325.5M | 75x | as long as short |
| Gate ARB_USDT | +0.0013% | 8h | 0.2247 | +0.045% | $5.5M | $21.6M | 60x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2244 | −0.100% | $358K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2250 | +0.174% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2248 | +0.107% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2246 | +0.004% | $21.1M | $38.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2246 | −0.004% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2248 | +0.098% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2250 | +0.200% | $40.3M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2248 | +0.111% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2249 | +0.151% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2248 | +0.076% | $20.8M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.224% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.400% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | −0.129% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2253 | +0.316% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2247 | +0.067% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2247 | +0.049% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2249 | +0.158% | $840K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.289% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2250 | +0.184% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2254 | +0.374% | $496K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0581% | 1h | 0.2251 | +0.236% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
Polymarket Perps ARB-USD
Binance ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP