Funding you earn now, next payment 00:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.046%
Price spread now: Deribit against edgeX+0.308%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.308% dearer against edgeX than usual: you sell high and buy low (spread +0.308% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2257 | 0.0100 | pay 0.0050% / 4h | 57m 05s | $40K | $460K | 20x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2264 | −0.0147 | pay 0.0018% / 1h | 57m 05s | $26K | $32K | 25x |
edgeX ARBUSDC
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. 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
- −$51.87
- Price spread: +0.308% → 0.000%
- $30.82
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$37.05
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 22 min ago; Deribit: 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 edgeX live order book, 22 min ago | 13.40 bp | 21.8 bp −$22 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.1785% | 1h | 0.2253 | −0.184% | $41K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0273% | 1h | 0.2264 | +0.290% | $4K | $2.7M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0231% | 1h | 0.2263 | +0.268% | $77K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2263 | +0.282% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0176% | 8h | 0.2256 | −0.035% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2263 | +0.277% | $58.5M | $130.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | −0.0147% | 1h | 0.2264 | +0.308% | $26K | $32K | 25x | |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2263 | +0.277% | $22.8M | $160.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2263 | +0.273% | $37.5M | $58.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2264 | +0.304% | $12K | $398K | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2265 | +0.333% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2263 | +0.265% | $360K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2264 | +0.291% | $65.1M | $313.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2265 | +0.339% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2264 | +0.317% | $5.5M | $19.9M | 60x | as long as short |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2266 | +0.384% | $3.1M | $3.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2264 | +0.304% | $21.4M | $36.8M | 50x | as long as short |
| BingX ARB-USDC | +0.0069% | 8h | 0.2263 | +0.246% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2265 | +0.335% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2266 | +0.375% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | +0.450% | $40.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2265 | +0.338% | $705K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2266 | +0.371% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | +0.326% | $20.4M | $16.3M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2257 | long leg | $40K | $460K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2258 | +0.038% | $491K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2259 | +0.082% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.437% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2266 | +0.379% | $283K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | +0.348% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | +0.481% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2266 | +0.373% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2265 | +0.339% | $848K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | +0.244% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2266 | +0.384% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0391% | 1h | 0.2267 | +0.446% | $889K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP