Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h −0.004%
Price spread now: Orderly against Deribit−0.009%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: −$1 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 | 0.2275 | −0.0014 | get 0.0002% / 1h | 27m 23s | $26K | $32K | 25x |
| Short | Orderly PERP_ARB_USDC | 0.2275 | −0.0039 | pay 0.0039% / 8h | 27m 23s | $13K | $395K | 10x |
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$5.32
- Price spread: −0.009% → 0.000%
- −$0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.2
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Deribit and Orderly: 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 | 0.2263 | −0.536% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0274% | 1h | 0.2272 | −0.141% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2276 | +0.035% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2272 | −0.123% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0162% | 8h | 0.2273 | −0.105% | $58.6M | $128.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2273 | −0.105% | $23.0M | $160.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2272 | −0.136% | $38.2M | $59.7M | 200x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2277 | +0.084% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0039% | 8h | 0.2275 | −0.009% | $13K | $395K | 10x | |
| Deribit ARB_USDC-PERPETUALlong | −0.0014% | 1h | 0.2275 | long leg | $26K | $32K | 25x |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | −0.065% | $67K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0004% | 8h | 0.2272 | −0.145% | $5.5M | $20.2M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2274 | −0.040% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0015% | 8h | 0.2273 | −0.088% | $66.6M | $312.6M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2272 | −0.122% | $363K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0054% | 8h | 0.2277 | +0.097% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2273 | −0.097% | $21.4M | $35.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0067% | 8h | 0.2273 | −0.105% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2277 | +0.065% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2275 | −0.026% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.018% | $41.4M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2274 | −0.062% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2274 | −0.041% | $48K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2273 | −0.088% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2279 | +0.154% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2277 | +0.085% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2281 | +0.255% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2275 | −0.009% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | +0.101% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2277 | +0.079% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2279 | +0.167% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2279 | +0.162% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | −0.155% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2274 | −0.043% | $929K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2275 | −0.022% | $503K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0489% | 1h | 0.2279 | +0.185% | $927K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
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
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP