Funding you earn now, next payment 00:00 UTC+0.0486%/8h= +53.3% APRpaid last 24h +0.025%
Price spread now: RISEx against Bybit+0.053%45s7-day average +0.064% · 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−$290.285% of the position
Funding, last 3 days (all we have)+0.278%+$28 on $10k
+Price spread, last 5 days (all we have)−0.128%−$13 · spread now +0.053%, 7d avg +0.064%
=The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. The two prices were read 45 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 | Bybit ARBUSDT | 0.2300 | −0.0156 | get 0.0156% / 8h | 48m 54s | $59.4M | $129.1M | 50x |
| Short | RISEx ARB/USDC | 0.2302 | 0.0330 | get 0.0041% / 1h | 48m 54s | $508K | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $102.15
- Price spread: +0.053% → +0.064%
- −$1.07
- Slippage, 4 orders
- −$11.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $72.58
- Costs to cover
- 0.285%
- Break-even
- 2.0 days
Slippage from Bybit: live order book, 5 min ago; RISEx: live order book, 5 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, 5 min ago | 0.22 bp | 8.9 bp −$9 | 16.4 bp −$164 | 48.1 bp −$4,809 | doesn't fit |
| Sell RISEx live order book, 5 min ago | 1.75 bp | 4.8 bp −$5 | 22.0 bp −$220 | 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 | −0.1785% | 1h | 0.2287 | −0.583% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0184% | 1h | 0.2299 | −0.074% | $80K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2292 | −0.362% | $1.9M | $2.7M | — | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2299 | −0.048% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0156% | 8h | 0.2300 | long leg | $59.4M | $129.1M | 50x | |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2301 | +0.013% | $23.3M | $162.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2300 | −0.017% | $38.7M | $59.4M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2298 | −0.104% | $13K | $398K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2300 | −0.030% | $68K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2299 | −0.043% | $26K | $32K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2301 | +0.017% | $57K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2302 | +0.049% | $67.2M | $314.4M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2300 | −0.034% | $365K | $2.3M | 25x | as long as short |
| SoDEX ARB-USD | +0.0018% | 1h | 0.2298 | −0.091% | $4K | $2.6M | 5x | as long as short |
| BloFin ARB-USDT | +0.0021% | 8h | 0.2300 | −0.009% | $3.1M | $2.8M | 75x | as long as short |
| Gate ARB_USDT | +0.0032% | 8h | 0.2302 | +0.052% | $5.6M | $20.1M | 60x | as long as short |
| BingX ARB-USDC | +0.0067% | 8h | 0.2300 | −0.026% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2300 | −0.017% | $21.8M | $36.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2300 | −0.003% | $150K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2300 | 0.000% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2303 | +0.126% | $41.8M | $47.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2301 | +0.012% | $716K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2300 | −0.035% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2301 | +0.043% | $20.1M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2291 | −0.406% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2292 | −0.349% | $489K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2291 | −0.409% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2301 | +0.026% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2299 | −0.065% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2297 | −0.148% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2301 | +0.026% | $517K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0233% | 1h | 0.2299 | −0.055% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2301 | +0.016% | $862K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2299 | −0.050% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDCshort | +0.0330% | 1h | 0.2302 | +0.053% | $508K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0591% | 1h | 0.2303 | +0.104% | $909K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
RISEx ARB/USDC
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
SoDEX ARB-USD
BloFin ARB-USDT
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
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
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP