Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.078%
Price spread now: Pacifica against Coinbase International−0.238%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 3 days (all we have)−0.554%−$55 · spread now −0.238%, 7d avg −0.159%
=Together, before fees−0.793%+ Points / potential airdropPacifica: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Pacifica is 0.079% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2274 | 0.0216 | pay 0.0027% / 1h | 10m 29s | $513K | $2.3M | 50x |
| Short | Pacifica ARB | 0.2269 | 0.0100 | get 0.0013% / 1h | 10m 29s | $47K | $184K | 10x |
Coinbase International ARB-PERP-INTX
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$24.36
- Price spread: −0.238% → −0.159%
- −$7.91
- Slippage, 4 orders
- −$42.45
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$92.71
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: 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 Coinbase International live order book, 3 min ago | 5.29 bp | 21.0 bp −$21 | 41.3 bp −$413 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 7.05 bp | 13.7 bp −$14 | 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 | −0.1785% | 1h | 0.2258 | −0.704% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2266 | −0.330% | $68K | $2.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0235% | 1h | 0.2265 | −0.396% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2265 | −0.391% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2264 | −0.461% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0175% | 8h | 0.2266 | −0.347% | $58.4M | $128.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0166% | 1h | 0.2264 | −0.440% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2266 | −0.369% | $22.9M | $159.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2265 | −0.396% | $38.4M | $60.1M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2264 | −0.440% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0013% | 8h | 0.2268 | −0.259% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | −0.235% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | −0.334% | $56K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2266 | −0.334% | $66.7M | $313.5M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2266 | −0.335% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2266 | −0.356% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2264 | −0.440% | $21.3M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2264 | −0.427% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2266 | −0.371% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | −0.237% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | −0.312% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2267 | −0.299% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2269 | −0.238% | $47K | $184K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | −0.391% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | −0.245% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2269 | −0.220% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2268 | −0.264% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2269 | −0.220% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.317% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | −0.396% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0216% | 1h | 0.2274 | long leg | $513K | $2.3M | 50x | |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2267 | −0.293% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | −0.486% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2266 | −0.354% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2269 | −0.218% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2268 | −0.277% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP