ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.7% APRnext payment +$1.52 per $10,000 · paid last 24h +0.029%

Price spread now: SunX against Bybit+0.293%7-day average +0.131% · you sell dearer than you buy

Net, funding: paid 7d − costs−$168as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1811.814% of the position

Long on Bybit Short on SunX

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)+0.592%+$59 · spread now +0.293%, 7d avg +0.131%

Together, before fees+0.724%+$72 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.163% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARBUSDT	0.2181	−0.0052	get 0.0052% / 8h	3h 11m	$55.0M	$123.2M	50x
Short	SunX ARB-USDT	0.2187	0.0100	get 0.0100% / 8h	3h 11m	$2K	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.293%Rate

Funding earned: $32.01
Price spread: +0.293% → +0.131%: $16.3
Slippage, 4 orders: −$162.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$133.13
Costs to cover: 1.814%
Break-even: 36.1 days

Slippage from Bybit: live order book, 3 min ago; SunX: 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 Bybit live order book, 3 min ago	0.23 bp	9.2 bp −$9	18.2 bp −$182	49.3 bp −$4,934	doesn't fit
Sell SunX live order book, 2 min ago	31.98 bp	96.5 bp −$97	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	−0.1589%	1h	0.2181	+0.018%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0174%	1h	0.2183	+0.101%	$69K	$2.1M	10x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2182	+0.064%	$41.4M	$60.8M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2181	+0.028%	$21.9M	$141.3M	50x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2191	+0.471%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0062%	8h	0.2183	+0.110%	$12K	$407K	10x	as long as short
Bybit ARBUSDTlong	−0.0052%	8h	0.2181	long leg	$55.0M	$123.2M	50x
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2183	+0.133%	$1.1M	$4.4M	50x	as long as short
01 Exchange ARBUSD	−0.0016%	1h	0.2184	+0.161%	$7K	$1K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2185	+0.193%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2183	+0.105%	$24K	$31K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2184	+0.156%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0009%	8h	0.2182	+0.046%	$5.3M	$18.2M	60x	as long as short
Bitget ARBUSDT	+0.0051%	8h	0.2181	+0.018%	$20.7M	$33.8M	50x	as long as short
BingX ARB-USDT	+0.0053%	8h	0.2181	+0.037%	—	$53.6M	—	as long as short
Extended ARB-USD	+0.0056%	1h	0.2182	+0.049%	$349K	$2.4M	25x	as long as short
Binance ARBUSDT	+0.0059%	8h	0.2182	+0.060%	$63.8M	$298.6M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2183	+0.092%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2184	+0.154%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2183	+0.096%	$37.2M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2182	+0.081%	$628K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2184	+0.173%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2182	+0.064%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2189	+0.405%	$38K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2190	+0.442%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2188	+0.339%	$118K	$283K	50x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2187	+0.293%	$2K	$1.1M	30x
SoDEX ARB-USD	+0.0100%	1h	0.2183	+0.092%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2184	+0.156%	$296K	$885K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2182	+0.064%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2185	+0.183%	$443K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0179%	8h	0.2182	+0.078%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2190	+0.413%	$494K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2184	+0.155%	$824K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2183	+0.124%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0571%	1h	0.2185	+0.188%	$980K	$2.8M	20x	as long as short