Funding you earn now, next payment 01:00 UTC+0.0196%/8h= +21.4% APRnext payment +$0.24 per $10,000 · paid last 24h +0.020%
Price spread now: gTrade (Gains Network) against Deribit+0.037%7-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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.037% dearer against Deribit than usual: you sell high and buy low: +$4 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 | 0.2274 | −0.0190 | get 0.0024% / 1h | 12m 50s | $25K | $34K | 25x |
| Short | gTrade (Gains Network) ARB/USD | 0.2275 | L +0.0005% / S −0.0006% | get 0.0001% / 1h | 12m 50s | $33K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $41.11
- Price spread: +0.037% → 0.000%
- $3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $27.81
- Costs to cover
- 0.170%
- Break-even
- 2.3 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Deribit and 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 | −0.1666% | 1h | 0.2264 | −0.440% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2262 | −0.537% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0190% | 1h | 0.2274 | long leg | $25K | $34K | 25x | |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2273 | −0.026% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2276 | +0.085% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0125% | 8h | 0.2273 | −0.062% | $59.1M | $126.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2273 | −0.031% | $23.1M | $158.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2274 | −0.004% | $39.1M | $59.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2273 | −0.031% | $6K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2273 | −0.044% | $12K | $387K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2278 | +0.193% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USDshort | L +0.0005% / S −0.0006% | 1h | 0.2275 | +0.037% | $33K | — | 150x | |
| Extended ARB-USD | +0.0016% | 1h | 0.2273 | −0.031% | $366K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2275 | +0.026% | $67.2M | $310.5M | 75x | as long as short |
| BloFin ARB-USDT | +0.0072% | 8h | 0.2273 | −0.022% | $3.2M | $2.9M | 75x | as long as short |
| BingX ARB-USDT | +0.0088% | 8h | 0.2274 | 0.000% | — | $54.3M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2276 | +0.073% | $144K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0095% | 8h | 0.2274 | 0.000% | $21.8M | $35.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2275 | +0.035% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.106% | $41.3M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2275 | +0.059% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2276 | +0.109% | $46K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2275 | +0.035% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2275 | +0.035% | $19.8M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | −0.508% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | −0.476% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | −0.440% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2276 | +0.075% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2273 | −0.044% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2276 | +0.101% | $297K | $979K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2272 | −0.088% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2274 | 0.000% | $523K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2275 | +0.025% | $901K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | −0.100% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2276 | +0.110% | $520K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0609% | 1h | 0.2278 | +0.158% | $1.0M | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP