ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0144%/8h= +15.8% APRnext payment +$1.44 per $10,000 · paid last 24h +0.029%

Price spread now: HTX against Bybit0.000%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$880.876% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+1.222%+$122 · spread now 0.000%, 7d avg +0.038%

Together, before fees+1.354%+$135 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.038%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.132% in total) that is about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARBUSDT	0.2205	−0.0044	get 0.0044% / 8h	4h 46m	$55.8M	$125.9M	50x
Short	HTX ARB-USDT	0.2205	0.0100	get 0.0100% / 8h	4h 46m	$299K	$952K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $30.34
Price spread: 0.000% → +0.038%: −$3.82
Slippage, 4 orders: −$64.62
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$61.1
Costs to cover: 0.876%
Break-even: 21.1 days

Slippage from Bybit: live order book, 3 min ago; HTX: 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 Bybit live order book, 3 min ago	0.23 bp	10.2 bp −$10	20.1 bp −$201	47.7 bp −$4,767	doesn't fit
Sell HTX live order book, 33 min ago	14.97 bp	28.0 bp −$28	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	−0.1649%	1h	0.2188	−0.793%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2201	−0.213%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2206	+0.018%	$22.3M	$148.3M	50x	as long as short
MEXC ARB_USDT	−0.0134%	8h	0.2205	−0.045%	$40.7M	$59.6M	200x	as long as short
Polymarket Perps ARB-USD	−0.0122%	1h	0.2201	−0.222%	$90K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0116%	8h	0.2201	−0.193%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0100%	8h	0.2206	+0.009%	$5.3M	$18.7M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0079%	8h	0.2202	−0.159%	$12K	$388K	10x	as long as short
Bybit ARBUSDTlong	−0.0044%	8h	0.2205	long leg	$55.8M	$125.9M	50x
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2205	−0.040%	$1.1M	$4.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2203	−0.131%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2203	−0.109%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2202	−0.157%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2202	−0.149%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0012%	8h	0.2205	−0.024%	$64.3M	$306.4M	75x	as long as short
BloFin ARB-USDT	+0.0038%	8h	0.2200	−0.272%	$3.1M	$2.6M	75x	as long as short
SoDEX ARB-USD	+0.0052%	1h	0.2204	−0.059%	$10K	$2.3M	5x	as long as short
Bitget ARBUSDT	+0.0065%	8h	0.2205	−0.023%	$21.0M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0066%	8h	0.2205	−0.009%	—	$53.8M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2204	−0.074%	$140K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0091%	8h	0.2203	−0.113%	$4.9M	$12.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2204	−0.068%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2206	+0.009%	$38.2M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2202	−0.158%	$635K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2201	−0.187%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2206	+0.018%	$19.5M	$15.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2193	−0.554%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2194	−0.521%	$468K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2193	−0.567%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2204	−0.068%	$1K	$1.1M	30x	as long as short
HTX ARB-USDTshort	+0.0100%	8h	0.2205	0.000%	$299K	$952K	50x
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2203	−0.113%	$493K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2203	−0.132%	$477K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2202	−0.169%	$821K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2200	−0.245%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0636%	1h	0.2209	+0.150%	$998K	$2.8M	20x	as long as short