Funding you earn now, next payment 02:00 UTC+0.0290%/8h= +31.7% APRnext payment +$0.36 per $10,000 · paid last 24h +0.087%
Price spread now: Reya against dYdX−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.111% cheaper against dYdX than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 31 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2225 | 0 | get 0.0000% / 1h | 23m 02s | $66K | $5K | 10x |
| Short | Reya ARBRUSDPERP | 0.2222 | 0.0290 | get 0.0036% / 1h | 23m 02s | $2K | $695 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $60.85
- Price spread: −0.111% → 0.000%
- −$11.08
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $33.77
- Costs to cover
- 0.160%
- Break-even
- 3.1 days
Slippage unknown: dYdX: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
dYdX and Reya: 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 35 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 | −0.1692% | 1h | 0.2213 | −0.519% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2225 | +0.016% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0220% | 1h | 0.2223 | −0.074% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0171% | 8h | 0.2211 | −0.597% | $1.9M | $2.9M | — | as long as short |
| MEXC ARB_USDT | −0.0121% | 8h | 0.2225 | +0.002% | $39.6M | $60.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0121% | 8h | 0.2224 | −0.043% | $22.4M | $157.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0082% | 8h | 0.2225 | +0.011% | $5.4M | $19.9M | 60x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0065% | 1h | 0.2224 | −0.043% | $24K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0061% | 8h | 0.2222 | −0.115% | $12K | $383K | 10x | as long as short |
| Bybit ARBUSDT | −0.0058% | 8h | 0.2225 | −0.002% | $56.9M | $128.8M | 50x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.0028% | 1h | 0.2219 | −0.250% | $120K | $286K | 50x | as long as short |
| Binance ARBUSDT | −0.0004% | 8h | 0.2225 | +0.017% | $64.9M | $317.8M | 75x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2225 | long leg | $66K | $5K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2224 | −0.030% | $355K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2224 | −0.007% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2225 | −0.002% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2223 | −0.052% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2226 | +0.047% | $38.9M | $51.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2223 | −0.055% | $662K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | +0.010% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | +0.024% | $19.7M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2224 | −0.025% | $21.3M | $36.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2222 | −0.097% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.591% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | −0.161% | $473K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2224 | −0.034% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.025% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.065% | $298K | $997K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2223 | −0.070% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2228 | +0.155% | $509K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2224 | −0.043% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0290% | 1h | 0.2222 | −0.111% | $2K | $695 | 20x | |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2224 | −0.006% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2225 | +0.022% | $481K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0536% | 1h | 0.2227 | +0.101% | $1.0M | $2.9M | 20x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
ApeX Omni ARBUSDT
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP