Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.109%
Price spread now: Coinbase International against dYdX+0.200%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.459%+$46 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.200% dearer against dYdX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ARB-USD0.22170get 0.0000% / 1h59m 26s$66K$5K10x
ShortCoinbase International ARB-PERP-INTX0.22210.0288get 0.0036% / 1h59m 26s$514K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$60.48
Price spread: +0.200% → 0.000%
$20.05
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$60.53
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Coinbase International live order book, 4 min ago8.77 bp24.8 bp −$2555.2 bp −$552doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1592%1h0.2205−0.521%$40K$372K12xas long as short
Polymarket Perps ARB-USD−0.0226%1h0.2214−0.133%$68K$2.1M10xas long as short
Deribit ARB_USDC-PERPETUAL−0.0156%1h0.2218+0.065%$28K$38K25xas long as short
Variational Omni ARB−0.0083%8h0.2222+0.261%$1.8M$3.0Mas long as short
Kraken Futures PF_ARBUSD−0.0073%1h0.2219+0.117%$1.1M$4.5M50xas long as short
01 Exchange ARBUSD−0.0072%1h0.2215−0.048%$7K$23610xas long as short
OKX ARB-USDT-SWAP−0.0064%8h0.2214−0.102%$22.2M$146.6M50xas long as short
MEXC ARB_USDT−0.0063%8h0.2214−0.133%$41.3M$61.2M200xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.2215−0.070%$12K$405K10xas long as short
Bybit ARBUSDT−0.0042%8h0.2214−0.102%$54.5M$126.3M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USDlong0.0000%1h0.2217long leg$66K$5K10x
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2216−0.025%$44K150xas long as short
RISEx ARB/USDC+0.0056%1h0.2216−0.037%$482K$2.6M10xas long as short
Bitget ARBUSDT+0.0056%8h0.2213−0.160%$21.2M$34.8M50xas long as short
Gate ARB_USDT+0.0070%8h0.2214−0.102%$5.5M$18.3M60xas long as short
Lighter ARB+0.0096%1h0.2215−0.057%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2216−0.016%$37.5M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2216−0.011%$636K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2215−0.066%$43K$150K10xas long as short
Binance ARBUSDT+0.0100%8h0.2214−0.097%$63.2M$301.7M75xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2215−0.052%$19.7M$14.4M75xas long as short
BingX ARB-USDC+0.0100%8h0.2217+0.020%$6.5Mas long as short
edgeX ARBUSDC+0.0100%4h0.2225+0.371%$39K$465K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2226+0.426%$475K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2225+0.381%$120K$281K50xas long as short
SunX ARB-USDT+0.0100%8h0.2220+0.155%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2217+0.029%$9K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2222+0.250%$297K$883K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2220+0.155%$5.0M$12.8M50xas long as short
Extended ARB-USD+0.0104%1h0.2215−0.081%$352K$2.8M25xas long as short
Aevo ARB-PERP+0.0104%1h0.2216−0.043%$141K$7K3xas long as short
BloFin ARB-USDT+0.0220%8h0.2223+0.273%$3.0M$2.4M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2216−0.037%$836K150xas long as short
Coinbase International ARB-PERP-INTXshort+0.0288%1h0.2221+0.200%$514K$1.6M50x
Reya ARBRUSDPERP+0.0289%1h0.2213−0.157%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0730%1h0.2218+0.083%$995K$2.8M20xas long as short