Funding you earn now, next payment 03:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.106%
Price spread now: gTrade (Gains Network) against Coinbase International+0.064%52s7-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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.064% dearer against Coinbase International than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 23 hours. The two prices were read 52 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 | Coinbase International ARB-PERP-INTX | 0.2198 | 0.0224 | pay 0.0028% / 1h | 48m 26s | $492K | $2.0M | 50x |
| Short | gTrade (Gains Network) ARB/USD | 0.2199 | L +0.0005% / S −0.0006% | get 0.0001% / 1h | 48m 26s | $32K | — | 150x |
Coinbase International ARB-PERP-INTX
gTrade (Gains Network) ARB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$45.87
- Price spread: +0.064% → 0.000%
- $6.37
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$59.5
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 8.61 bp | 27.9 bp −$28 | 47.9 bp −$479 | doesn't fit | 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 | −0.1649% | 1h | 0.2185 | −0.573% | $39K | $372K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.0136% | 8h | 0.2197 | −0.009% | $22.2M | $147.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2197 | −0.027% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0136% | 8h | 0.2197 | −0.009% | $40.6M | $59.6M | 200x | as long as short |
| Variational Omni ARB | −0.0117% | 8h | 0.2192 | −0.238% | $1.8M | $2.9M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0116% | 1h | 0.2197 | −0.023% | $70K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | −0.0103% | 8h | 0.2195 | −0.127% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2193 | −0.209% | $13K | $388K | 10x | as long as short |
| Bybit ARBUSDT | −0.0048% | 8h | 0.2197 | −0.014% | $55.6M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2195 | −0.117% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
MEXC ARB_USDT
Variational Omni ARB
Polymarket Perps ARB-USD
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | −0.096% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2194 | −0.177% | $24K | $34K | 25x | as long as short |
| SoDEX ARB-USD | +0.0003% | 1h | 0.2193 | −0.187% | $10K | $2.3M | 5x | as long as short |
| gTrade (Gains Network) ARB/USDshort | L +0.0005% / S −0.0006% | 1h | 0.2199 | +0.064% | $32K | — | 150x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2194 | −0.170% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2198 | +0.018% | $64.1M | $306.6M | 75x | as long as short |
| BloFin ARB-USDT | +0.0041% | 8h | 0.2195 | −0.132% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2197 | −0.027% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0068% | 8h | 0.2195 | −0.141% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2195 | −0.130% | $139K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0087% | 8h | 0.2194 | −0.164% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | −0.146% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2199 | +0.073% | $37.9M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2196 | −0.073% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2194 | −0.147% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | +0.055% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.295% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2205 | +0.337% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2196 | −0.073% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | −0.073% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | −0.137% | $298K | $956K | 50x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0224% | 1h | 0.2198 | long leg | $492K | $2.0M | 50x | |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2199 | +0.061% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2193 | −0.208% | $818K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2197 | −0.041% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0573% | 1h | 0.2197 | −0.041% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Phemex 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
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP