Funding you earn now, next payment 09:00 UTC−0.0169%/8h= −18.5% APRnext payment −$0.21 per $10,000 · paid last 24h +0.026%
Price spread now: Kraken Futures against dYdX−0.066%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.066% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2191 | 0 | get 0.0000% / 1h | 50m 00s | $65K | $4K | 10x |
| Short | Kraken Futures PF_ARBUSD | 0.2189 | −0.0169 | pay 0.0021% / 1h | 50m 00s | $1.1M | $4.3M | 50x |
dYdX ARB-USD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$35.4
- Price spread: −0.066% → 0.000%
- −$6.65
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.05
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 4 min ago | 7.08 bp | 14.5 bp −$14 | 22.8 bp −$228 | 480.5 bp −$48.1K | 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 | −0.1605% | 1h | 0.2176 | −0.669% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0193% | 1h | 0.2187 | −0.153% | $9K | $2.2M | 5x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0169% | 1h | 0.2189 | −0.066% | $1.1M | $4.3M | 50x | |
| Gate ARB_USDT | −0.0079% | 8h | 0.2189 | −0.084% | $5.4M | $18.1M | 60x | as long as short |
| OKX ARB-USDT-SWAP | −0.0074% | 8h | 0.2191 | +0.002% | $22.2M | $145.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0073% | 8h | 0.2187 | −0.153% | $42.7M | $62.6M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2190 | −0.052% | $7K | $236 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2187 | −0.167% | $16K | $413K | 10x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2191 | long leg | $65K | $4K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2191 | +0.012% | $364K | $3.1M | 25x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Gate ARB_USDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2188 | −0.121% | $28K | $38K | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2190 | −0.036% | $63.2M | $299.1M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2192 | +0.044% | $72K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0011% | 8h | 0.2189 | −0.066% | $3.0M | $2.3M | 75x | as long as short |
| Variational Omni ARB | +0.0029% | 8h | 0.2190 | −0.039% | $1.8M | $3.0M | — | as long as short |
| Bitget ARBUSDT | +0.0080% | 8h | 0.2190 | −0.030% | $21.1M | $34.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2188 | −0.136% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2188 | −0.098% | — | $32.7M | — | as long as short |
| Bybit ARBUSDT | +0.0090% | 8h | 0.2190 | −0.030% | $53.3M | $125.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2188 | −0.103% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | −0.034% | $36.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | −0.083% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.006% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2188 | −0.112% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | −0.123% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | −0.075% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | −0.121% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2190 | −0.030% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | −0.030% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | −0.130% | $293K | $836K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.167% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | −0.022% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0141% | 1h | 0.2190 | −0.007% | $979K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2188 | −0.124% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.165% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2193 | +0.126% | $523K | $1.5M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Variational Omni ARB
Bitget ARBUSDT
Aevo ARB-PERP
BingX ARB-USDT
Bybit ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX