Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.012%

Price spread now: MEXC against Deribit−0.089%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on MEXC

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. MEXC is 0.089% cheaper against Deribit than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ARB_USDC-PERPETUAL	0.2251	−0.0150	get 0.0019% / 1h	31m 40s	$38K	$20K	25x
Short	MEXC ARB_USDT	0.2248	−0.0079	pay 0.0079% / 8h	2h 31m	$37.9M	$63.5M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 DeribitbpFee MEXCbpOrdersPrice spread, now −0.089%Rate

Funding earned: $14.91
Price spread: −0.089% → 0.000%: −$8.89
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$0.98
Costs to cover: 0.070%
Break-even: 7.5 days

Slippage unknown: Deribit: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago	0.22 bp	1.4 bp −$1	18.5 bp −$185	42.7 bp −$4,268	76.0 bp −$38.0K

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	0.2223	−1.222%	$40K	$197K	12x	as long as short
01 Exchange ARBUSD	−0.0296%	1h	0.2253	+0.093%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0193%	8h	0.2249	−0.058%	$56.7M	$136.5M	50x	as long as short
Variational Omni ARB	−0.0178%	8h	0.2229	−0.934%	$1.9M	$2.8M	—	as long as short
Deribit ARB_USDC-PERPETUALlong	−0.0150%	1h	0.2251	long leg	$38K	$20K	25x
OKX ARB-USDT-SWAP	−0.0079%	8h	0.2248	−0.102%	$22.4M	$166.3M	50x	as long as short
MEXC ARB_USDTshort	−0.0079%	8h	0.2248	−0.089%	$37.9M	$63.5M	200x
SoDEX ARB-USD	−0.0058%	1h	0.2250	−0.040%	$4K	$2.9M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2251	+0.028%	$1.1M	$5.3M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0012%	8h	0.2249	−0.067%	$10K	$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	0.2249	−0.063%	$66K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2252	+0.060%	$57K	—	150x	as long as short
Polymarket Perps ARB-USD	+0.0006%	1h	0.2251	+0.031%	$78K	$2.3M	10x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2247	−0.161%	$358K	$2.4M	25x	as long as short
Gate ARB_USDT	+0.0011%	8h	0.2249	−0.062%	$5.5M	$21.6M	60x	as long as short
Binance ARBUSDT	+0.0012%	8h	0.2249	−0.074%	$63.9M	$326.2M	75x	as long as short
BloFin ARB-USDT	+0.0042%	8h	0.2241	−0.440%	$3.0M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2251	+0.017%	$147K	$12K	3x	as long as short
BingX ARB-USDC	+0.0084%	8h	0.2247	−0.142%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0085%	8h	0.2248	−0.111%	$21.1M	$38.6M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2250	−0.031%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2251	+0.036%	$40.3M	$53.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2249	−0.070%	$700K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2250	−0.018%	$46K	$205K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2250	−0.004%	$20.8M	$17.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2236	−0.643%	$36K	$452K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2237	−0.603%	$483K	$4.1M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2235	−0.689%	$121K	$297K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2251	+0.022%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2249	−0.076%	$276K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2250	−0.022%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0168%	1h	0.2252	+0.048%	$825K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2252	+0.084%	$502K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2250	−0.026%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2251	+0.029%	$495K	$2.9M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0579%	1h	0.2253	+0.098%	$1.1M	$2.7M	20x	as long as short