ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0473%/8h= +51.8% APRnext payment +$0.59 per $10,000 · paid last 24h +0.167%

Price spread now: Backpack against dYdX+0.125%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.377%+$38 on $10k

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 +$14 a day on $10k at the current rate, and Backpack is 0.125% dearer against dYdX than usual: you sell high and buy low: +$13 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	dYdX ARB-USD	0.2181	0	get 0.0000% / 1h	14m 53s	$65K	$4K	10x
Short	Backpack ARB_USDC_PERP	0.2183	0.0473	get 0.0059% / 1h	14m 53s	$980K	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against dYdX. 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 dYdXbpFee BackpackbpOrdersPrice spread, now +0.125%Rate

Funding earned: $99.36
Price spread: +0.125% → 0.000%: $12.55
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $91.91
Costs to cover: 0.200%
Break-even: 0.5 days

Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 4 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 dYdX no order-book sample	—	—	—	—	—
Sell Backpack live order book, 4 min ago	1.38 bp	9.4 bp −$9	222.2 bp −$2,222	doesn't fit	doesn't fit

dYdX: 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	−0.1612%	1h	0.2172	−0.393%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0192%	1h	0.2180	−0.003%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0079%	8h	0.2182	+0.057%	$21.9M	$144.4M	50x	as long as short
MEXC ARB_USDT	−0.0079%	8h	0.2181	+0.029%	$41.7M	$62.7M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2178	−0.118%	$13K	$403K	10x	as long as short
SoDEX ARB-USD	−0.0008%	1h	0.2179	−0.053%	$9K	$2.2M	5x	as long as short
Binance ARBUSDT	−0.0003%	8h	0.2182	+0.061%	$62.6M	$299.8M	75x	as long as short
Polymarket Perps ARB-USD	−0.0001%	1h	0.2179	−0.076%	$76K	$2.1M	10x	as long as short
dYdX ARB-USDlong	0.0000%	1h	0.2181	long leg	$65K	$4K	10x
Extended ARB-USD	0.0000%	1h	0.2180	−0.008%	$347K	$3.1M	25x	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-PERPETUAL	0.0000%	1h	0.2180	−0.017%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0007%	1h	0.2180	−0.007%	$69K	—	150x	as long as short
Variational Omni ARB	+0.0016%	8h	0.2180	−0.016%	$1.8M	$3.0M	—	as long as short
Gate ARB_USDT	+0.0018%	8h	0.2182	+0.057%	$5.4M	$18.5M	60x	as long as short
Bybit ARBUSDT	+0.0020%	8h	0.2182	+0.043%	$53.2M	$125.9M	50x	as long as short
RISEx ARB/USDC	+0.0069%	1h	0.2180	−0.009%	$499K	$2.7M	10x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2181	+0.006%	$138K	$7K	3x	as long as short
BingX ARB-USDT	+0.0085%	8h	0.2182	+0.043%	—	$33.0M	—	as long as short
Bitget ARBUSDT	+0.0087%	8h	0.2182	+0.066%	$21.1M	$34.6M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0093%	1h	0.2181	+0.007%	$1.1M	$4.3M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2179	−0.076%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2184	+0.144%	$36.8M	$49.6M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2183	+0.094%	$625K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2181	+0.022%	$43K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2181	+0.025%	$19.4M	$13.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2182	+0.052%	$39K	$466K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2176	−0.228%	$467K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2174	−0.301%	$117K	$279K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2182	+0.066%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2182	+0.061%	$292K	$839K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2181	+0.020%	$4.8M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0117%	8h	0.2180	−0.040%	$3.0M	$2.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2180	−0.033%	$823K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2178	−0.119%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2188	+0.341%	$513K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERPshort	+0.0473%	1h	0.2183	+0.125%	$980K	$2.9M	20x