ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0288%/8h= −31.5% APRnext payment −$0.36 per $10,000 · paid last 24h −0.108%

Price spread now: dYdX against Coinbase International−0.382%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.462%−$46 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.382% cheaper against Coinbase International than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ARB-PERP-INTX	0.2221	0.0288	pay 0.0036% / 1h	37m 13s	$520K	$1.6M	50x
Short	dYdX ARB-USD	0.2212	0	get 0.0000% / 1h	37m 13s	$65K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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 Coinbase InternationalbpFee dYdXbpOrdersPrice spread, now −0.382%Rate

Funding earned: −$60.48
Price spread: −0.382% → 0.000%: −$38.17
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$118.65
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 min ago; dYdX: 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 Coinbase International live order book, 1 min ago	6.32 bp	22.7 bp −$23	42.0 bp −$420	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.1592%	1h	0.2202	−0.847%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0222%	1h	0.2212	−0.396%	$67K	$2.1M	10x	as long as short
SoDEX ARB-USD	−0.0104%	1h	0.2212	−0.396%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0082%	8h	0.2211	−0.450%	$22.2M	$146.6M	50x	as long as short
MEXC ARB_USDT	−0.0082%	8h	0.2212	−0.405%	$42.2M	$61.7M	200x	as long as short
01 Exchange ARBUSD	−0.0080%	1h	0.2211	−0.432%	$7K	$236	10x	as long as short
Variational Omni ARB	−0.0064%	8h	0.2212	−0.380%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2212	−0.396%	$13K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0020%	8h	0.2211	−0.423%	$54.3M	$126.5M	50x	as long as short
dYdX ARB-USDshort	0.0000%	1h	0.2212	−0.382%	$65K	$5K	10x

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	0.2213	−0.369%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2212	−0.376%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0046%	8h	0.2211	−0.437%	$5.4M	$18.3M	60x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2212	−0.402%	$463K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2212	−0.396%	$21.2M	$34.8M	50x	as long as short
Extended ARB-USD	+0.0088%	1h	0.2211	−0.428%	$352K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0089%	8h	0.2212	−0.412%	$63.2M	$301.8M	75x	as long as short
BingX ARB-USDC	+0.0095%	8h	0.2210	−0.477%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2212	−0.410%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2214	−0.306%	$37.5M	$49.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2214	−0.325%	$635K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2213	−0.360%	$43K	$149K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2212	−0.405%	$19.7M	$14.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2212	−0.415%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2215	−0.261%	$481K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2214	−0.306%	$119K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2213	−0.351%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2212	−0.387%	$296K	$872K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2212	−0.396%	$5.0M	$12.8M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2213	−0.360%	$140K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0209%	8h	0.2212	−0.419%	$3.0M	$2.3M	75x	as long as short
Kraken Futures PF_ARBUSD	+0.0230%	1h	0.2213	−0.343%	$1.1M	$4.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2213	−0.341%	$835K	—	150x	as long as short
Coinbase International ARB-PERP-INTXlong	+0.0288%	1h	0.2221	long leg	$520K	$1.6M	50x
Reya ARBRUSDPERP	+0.0289%	1h	0.2212	−0.406%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0634%	1h	0.2215	−0.243%	$993K	$2.8M	20x	as long as short