Funding you earn now, next payment 00:00 UTC+0.0234%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.031%
Price spread now: Kraken Futures against Deribit−0.004%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2282 | 0 | get 0.0000% / 1h | 51m 42s | $26K | $32K | 25x |
| Short | Kraken Futures PF_ARBUSD | 0.2282 | 0.0234 | get 0.0029% / 1h | 51m 42s | $1.1M | $4.9M | 50x |
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $49.21
- Price spread: −0.004% → 0.000%
- −$0.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $31.78
- Costs to cover
- 0.170%
- Break-even
- 2.5 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 14.43 bp | 26.6 bp −$27 | 34.6 bp −$346 | 592.3 bp −$59.2K | 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 | −0.1785% | 1h | 0.2261 | −0.925% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0209% | 1h | 0.2280 | −0.110% | $78K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −0.835% | $1.9M | $2.7M | — | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2293 | +0.464% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2291 | +0.390% | $59.4M | $129.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2291 | +0.386% | $23.0M | $161.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2291 | +0.390% | $38.0M | $59.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2281 | −0.048% | $13K | $398K | 10x | as long as short |
| SoDEX ARB-USD | −0.0030% | 1h | 0.2281 | −0.039% | $4K | $2.7M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2292 | +0.415% | $68K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2291 | +0.389% | $363K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.0000% | 1h | 0.2282 | long leg | $26K | $32K | 25x | |
| Binance ARBUSDT | +0.0004% | 8h | 0.2290 | +0.338% | $66.0M | $314.1M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2282 | −0.023% | $57K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0009% | 8h | 0.2287 | +0.202% | $3.1M | $2.7M | 75x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2292 | +0.434% | $5.5M | $20.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2292 | +0.434% | $21.7M | $36.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2291 | +0.399% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2283 | +0.044% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2291 | +0.372% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2292 | +0.438% | $41.5M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2284 | +0.081% | $711K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2290 | +0.347% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2289 | +0.294% | $20.1M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −0.572% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −0.530% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2265 | −0.749% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2285 | +0.127% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2282 | +0.004% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2282 | −0.004% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2280 | −0.092% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0234% | 1h | 0.2282 | −0.004% | $1.1M | $4.9M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2281 | −0.047% | $855K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2280 | −0.085% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2295 | +0.569% | $558K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0560% | 1h | 0.2285 | +0.114% | $899K | $2.8M | 20x | as long as short |
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP