Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against edgeX+0.548%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.548% dearer against edgeX than usual: you sell high and buy low (spread +0.548% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ARBUSDC	0.2262	0.0100	pay 0.0050% / 4h	3h 12m	$41K	$464K	20x
Short	gTrade (Gains Network) ARB/USD	0.2275	L +0.0005% / S −0.0006%	get 0.0001% / 1h	12m 47s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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 edgeXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.548%Rate

Funding earned: −$19.79
Price spread: +0.548% → 0.000%: $54.75
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $15.96
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: edgeX: live order book, 61 min ago; gTrade (Gains Network): 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, 61 min ago	13.23 bp	21.7 bp −$22	82.9 bp −$829	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1666%	1h	0.2264	+0.068%	$41K	$372K	12x	as long as short
Variational Omni ARB	−0.0201%	8h	0.2262	−0.029%	$2.0M	$2.8M	—	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0190%	1h	0.2274	+0.510%	$25K	$34K	25x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2273	+0.484%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0137%	1h	0.2276	+0.595%	$1.2M	$4.9M	50x	as long as short
Bybit ARBUSDT	−0.0125%	8h	0.2273	+0.448%	$59.1M	$126.7M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0111%	8h	0.2273	+0.479%	$23.1M	$158.3M	50x	as long as short
MEXC ARB_USDT	−0.0110%	8h	0.2274	+0.506%	$39.1M	$59.4M	200x	as long as short
SoDEX ARB-USD	−0.0061%	1h	0.2273	+0.479%	$6K	$2.5M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0048%	8h	0.2273	+0.466%	$12K	$387K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2278	+0.705%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0006%	1h	0.2275	+0.548%	$33K	—	150x
Extended ARB-USD	+0.0016%	1h	0.2273	+0.479%	$366K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0018%	8h	0.2275	+0.537%	$67.2M	$310.5M	75x	as long as short
BloFin ARB-USDT	+0.0072%	8h	0.2273	+0.488%	$3.2M	$2.9M	75x	as long as short
BingX ARB-USDT	+0.0088%	8h	0.2274	+0.510%	—	$54.3M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2276	+0.583%	$144K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0095%	8h	0.2274	+0.510%	$21.8M	$35.7M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2275	+0.546%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2276	+0.616%	$41.3M	$47.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2275	+0.570%	$707K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2276	+0.620%	$46K	$184K	10x	as long as short
Gate ARB_USDT	+0.0100%	8h	0.2275	+0.546%	$5.5M	$20.0M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2275	+0.546%	$19.8M	$15.8M	75x	as long as short
edgeX ARBUSDClong	+0.0100%	4h	0.2262	long leg	$41K	$464K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2263	+0.032%	$486K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2264	+0.068%	$122K	$296K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2276	+0.586%	$65K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2273	+0.466%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2276	+0.612%	$297K	$979K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2272	+0.422%	$5.2M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2274	+0.510%	$523K	$2.3M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0288% / S −0.0175%	1h	0.2275	+0.536%	$901K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2272	+0.410%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2276	+0.621%	$520K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0609%	1h	0.2278	+0.669%	$1.0M	$2.8M	20x	as long as short