ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.023%

Price spread now: Reya against Coinbase International−0.162%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 Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.162% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 20 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ARB-PERP-INTX	0.2243	0.0264	pay 0.0033% / 1h	36m 10s	$509K	$2.3M	50x
Short	Reya ARBRUSDPERP	0.2239	0.0291	get 0.0036% / 1h	36m 10s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ReyabpOrdersPrice spread, now −0.162%Rate

Funding earned: $5.57
Price spread: −0.162% → 0.000%: −$16.19
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$26.63
Costs to cover: 0.160%
Break-even: 40.5 days

Slippage unknown: Coinbase International: live order book, 3 min ago; Reya: 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, 3 min ago	4.46 bp	20.9 bp −$21	38.1 bp −$381	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.1770%	1h	0.2225	−0.802%	$40K	$283K	12x	as long as short
01 Exchange ARBUSD	−0.0224%	1h	0.2240	−0.134%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0162%	8h	0.2236	−0.295%	$1.9M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0140%	8h	0.2239	−0.160%	$57.7M	$135.3M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2240	−0.138%	$22.4M	$162.9M	50x	as long as short
MEXC ARB_USDT	−0.0099%	8h	0.2240	−0.152%	$37.5M	$62.4M	200x	as long as short
SoDEX ARB-USD	−0.0068%	1h	0.2239	−0.160%	$4K	$2.8M	5x	as long as short
Polymarket Perps ARB-USD	−0.0057%	1h	0.2240	−0.125%	$76K	$2.1M	10x	as long as short
Orderly PERP_ARB_USDC	−0.0027%	8h	0.2240	−0.134%	$10K	$393K	10x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2239	−0.164%	$356K	$2.4M	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0007%	8h	0.2240	−0.156%	$63.9M	$321.5M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2242	−0.027%	$66K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2241	−0.085%	$26K	$32K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2242	−0.060%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0031%	8h	0.2240	−0.111%	$5.5M	$20.7M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2242	−0.056%	$147K	$12K	3x	as long as short
BingX ARB-USDT	+0.0082%	8h	0.2239	−0.165%	—	$53.6M	—	as long as short
Bitget ARBUSDT	+0.0083%	8h	0.2240	−0.134%	$21.0M	$37.9M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0085%	1h	0.2242	−0.052%	$1.1M	$5.2M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2241	−0.094%	$1.3M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2242	−0.027%	$40.0M	$50.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2240	−0.123%	$696K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2242	−0.058%	$45K	$197K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2241	−0.094%	$20.6M	$16.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2237	−0.252%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2237	−0.252%	$481K	$4.0M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2237	−0.267%	$121K	$294K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2242	−0.045%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2240	−0.116%	$277K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2241	−0.089%	$5.2M	$13.5M	50x	as long as short
BloFin ARB-USDT	+0.0113%	8h	0.2240	−0.152%	$3.0M	$3.3M	75x	as long as short
Coinbase International ARB-PERP-INTXlong	+0.0264%	1h	0.2243	long leg	$509K	$2.3M	50x
GMX ARB/USD [ARB-USDC]	L +0.0275% / S −0.0158%	1h	0.2241	−0.077%	$841K	—	150x	as long as short
Reya ARBRUSDPERPshort	+0.0291%	1h	0.2239	−0.162%	$2K	$695	20x
RISEx ARB/USDC	+0.0363%	1h	0.2242	−0.029%	$494K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0645%	1h	0.2244	+0.027%	$1.1M	$2.7M	20x	as long as short