Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.030%

Price spread now: BingX against dYdX−0.081%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

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. BingX is 0.081% cheaper against dYdX than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.2 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	dYdX ARB-USD	0.2226	0	get 0.0000% / 1h	43m 34s	$66K	$4K	10x
Short	BingX ARB-USDT	0.2224	0.0083	get 0.0083% / 8h	2h 43m	—	$54.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $17.43
Price spread: −0.081% → 0.000%: −$8.09
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$10.66
Costs to cover: 0.200%
Break-even: 11.3 days

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 10 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 BingX live order book, 10 min ago	0.90 bp	6.2 bp −$6	7.3 bp −$73	19.0 bp −$1,902	68.6 bp −$34.3K

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	−0.1675%	1h	0.2210	−0.723%	$40K	$107K	12x	as long as short
01 Exchange ARBUSD	−0.0368%	1h	0.2223	−0.121%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0232%	8h	0.2224	−0.076%	$56.8M	$135.8M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0200%	1h	0.2221	−0.238%	$36K	$18K	25x	as long as short
Variational Omni ARB	−0.0187%	8h	0.2221	−0.235%	$1.9M	$2.8M	—	as long as short
OKX ARB-USDT-SWAP	−0.0062%	8h	0.2223	−0.126%	$22.1M	$164.9M	50x	as long as short
MEXC ARB_USDT	−0.0062%	8h	0.2224	−0.076%	$37.4M	$63.2M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0054%	1h	0.2221	−0.218%	$1.1M	$5.3M	50x	as long as short
SoDEX ARB-USD	−0.0041%	1h	0.2220	−0.296%	$4K	$2.9M	5x	as long as short
Polymarket Perps ARB-USD	−0.0016%	1h	0.2224	−0.085%	$77K	$2.3M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ARBUSDT	−0.0011%	1h	0.2222	−0.184%	$120K	$297K	50x	as long as short
Orderly PERP_ARB_USDC	−0.0008%	8h	0.2219	−0.319%	$11K	$384K	10x	as long as short
dYdX ARB-USDlong	0.0000%	1h	0.2226	long leg	$66K	$4K	10x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2221	−0.229%	$55K	—	150x	as long as short
Binance ARBUSDT	+0.0005%	8h	0.2224	−0.080%	$63.4M	$326.2M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2223	−0.129%	$353K	$2.5M	25x	as long as short
Gate ARB_USDT	+0.0019%	8h	0.2225	−0.058%	$5.5M	$21.5M	60x	as long as short
BloFin ARB-USDT	+0.0023%	8h	0.2217	−0.422%	$3.0M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2221	−0.221%	$145K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0083%	8h	0.2223	−0.139%	$20.8M	$39.0M	50x	as long as short
BingX ARB-USDTshort	+0.0083%	8h	0.2224	−0.081%	—	$54.0M	—
Lighter ARB	+0.0096%	1h	0.2225	−0.045%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2229	+0.144%	$39.8M	$53.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2226	−0.014%	$692K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2226	−0.005%	$46K	$207K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2226	+0.004%	$20.6M	$17.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	−0.208%	$38K	$451K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2222	−0.166%	$477K	$4.2M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2221	−0.229%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2220	−0.292%	$273K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2220	−0.274%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0275% / S −0.0168%	1h	0.2221	−0.245%	$814K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2221	−0.238%	$507K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2223	−0.149%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0461%	1h	0.2225	−0.049%	$1.1M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2227	+0.022%	$488K	$2.9M	10x	as long as short