Funding you earn now, next payment 06:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.102%
Price spread now: RISEx against Deribit−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. RISEx is 0.049% cheaper against Deribit than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 46 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2188 | 0 | get 0.0000% / 1h | 36m 00s | $23K | $33K | 25x |
| Short | RISEx ARB/USDC | 0.2187 | 0.0086 | get 0.0011% / 1h | 36m 00s | $440K | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $18.09
- Price spread: −0.049% → 0.000%
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $0.18
- Costs to cover
- 0.130%
- Break-even
- 6.9 days
Slippage unknown: Deribit: no order-book sample; RISEx: live order book, 3 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 RISEx live order book, 3 min ago | 2.53 bp | 5.6 bp −$6 | 21.5 bp −$215 | 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 | −0.1581% | 1h | 0.2168 | −0.923% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2187 | −0.078% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0106% | 1h | 0.2187 | −0.050% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2186 | −0.109% | $1.8M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0085% | 8h | 0.2192 | +0.178% | $42.1M | $61.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0083% | 8h | 0.2192 | +0.178% | $21.7M | $143.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2190 | +0.076% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2190 | +0.101% | $54.3M | $123.8M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2187 | −0.055% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2187 | −0.059% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUALlong | 0.0000% | 1h | 0.2188 | long leg | $23K | $33K | 25x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2188 | −0.032% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2191 | +0.128% | $21.0M | $34.2M | 50x | as long as short |
| Gate ARB_USDT | +0.0057% | 8h | 0.2191 | +0.128% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2188 | −0.027% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0078% | 8h | 0.2191 | +0.119% | $62.8M | $300.2M | 75x | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2191 | +0.140% | $350K | $2.8M | 25x | as long as short |
| RISEx ARB/USDCshort | +0.0086% | 1h | 0.2187 | −0.049% | $440K | $2.6M | 10x | |
| Lighter ARB | +0.0096% | 1h | 0.2188 | +0.014% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2190 | +0.059% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2191 | +0.146% | $36.8M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | +0.106% | $631K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2187 | −0.043% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2192 | +0.155% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2173 | −0.696% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2172 | −0.739% | $470K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2173 | −0.695% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.082% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2188 | −0.018% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.142% | $292K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2189 | +0.037% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0194% | 8h | 0.2186 | −0.114% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2188 | −0.030% | $825K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2190 | +0.078% | $504K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | −0.120% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0705% | 1h | 0.2193 | +0.215% | $983K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
RISEx ARB/USDC
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
Binance ARBUSDT
Extended ARB-USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP