Funding you earn now, next payment 22:00 UTC+0.0325%/8h= +35.6% APRnext payment +$0.41 per $10,000 · paid last 24h +0.044%
Price spread now: Aevo against Deribit+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aevo is 0.021% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2220 | −0.0245 | get 0.0031% / 1h | 45m 34s | $36K | $18K | 25x |
| Short | Aevo ARB-PERP | 0.2220 | 0.0080 | get 0.0010% / 1h | 45m 34s | $145K | $12K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Deribit. 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
- $68.25
- Price spread: +0.021% → 0.000%
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $47.37
- Costs to cover
- 0.230%
- Break-even
- 2.1 days
Slippage unknown: Deribit: no order-book sample; Aevo: live order book, 43 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 43 min ago | 35.52 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 | −0.1675% | 1h | 0.2203 | −0.748% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0376% | 1h | 0.2221 | +0.081% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0245% | 1h | 0.2220 | long leg | $36K | $18K | 25x | |
| Bybit ARBUSDT | −0.0236% | 8h | 0.2223 | +0.140% | $57.5M | $135.2M | 50x | as long as short |
| Variational Omni ARB | −0.0187% | 8h | 0.2221 | +0.057% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0060% | 8h | 0.2222 | +0.090% | $22.1M | $164.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0060% | 8h | 0.2223 | +0.153% | $37.4M | $63.1M | 200x | as long as short |
| SoDEX ARB-USD | −0.0054% | 1h | 0.2218 | −0.081% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2220 | +0.017% | $1.1M | $5.2M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.0021% | 1h | 0.2220 | +0.018% | $120K | $297K | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0008% | 8h | 0.2220 | +0.018% | $10K | $383K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0007% | 1h | 0.2222 | +0.126% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | +0.225% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2221 | +0.057% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0006% | 8h | 0.2222 | +0.126% | $63.3M | $326.0M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2222 | +0.122% | $353K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0021% | 8h | 0.2224 | +0.194% | $5.5M | $21.5M | 60x | as long as short |
| BloFin ARB-USDT | +0.0023% | 8h | 0.2220 | +0.032% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2220 | +0.021% | $145K | $12K | 3x | |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2222 | +0.108% | $20.8M | $38.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0083% | 8h | 0.2223 | +0.140% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2224 | +0.212% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.225% | $39.8M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | +0.201% | $692K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | +0.239% | $46K | $207K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | +0.239% | $20.5M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2219 | −0.017% | $38K | $451K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | +0.017% | $476K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | −0.027% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2218 | −0.077% | $273K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | −0.072% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0168% | 1h | 0.2220 | +0.017% | $813K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2224 | +0.198% | $508K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2222 | +0.104% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0457% | 1h | 0.2225 | +0.239% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2225 | +0.241% | $488K | $2.9M | 10x | as long as short |
Deribit ARB_USDC-PERPETUAL
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP
RISEx ARB/USDC