Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against edgeX+0.529%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$1121.119% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.529%, 7d avg −0.014%

Together, before fees−0.203%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.543% dearer against edgeX than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ARBUSDC	0.2211	0.0100	pay 0.0050% / 4h	2h 23m	$40K	$461K	20x
Short	HTX ARB-USDT	0.2223	0.0100	get 0.0100% / 8h	6h 23m	$298K	$997K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.529%Rate

Funding earned: $0
Price spread: +0.529% → −0.014%: $54.29
Slippage, 4 orders: −$90.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$57.63
Costs to cover: 1.119%
Break-even: never at this rate

Slippage from edgeX: live order book, 46 min ago; HTX: live order book, 1 min ago.

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, 46 min ago	15.45 bp	23.2 bp −$23	95.8 bp −$958	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	11.24 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit

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	+0.072%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0240%	1h	0.2225	+0.610%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0220%	1h	0.2223	+0.520%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0171%	8h	0.2211	−0.005%	$1.9M	$2.9M	—	as long as short
MEXC ARB_USDT	−0.0121%	8h	0.2223	+0.547%	$39.6M	$60.1M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0121%	8h	0.2222	+0.488%	$22.4M	$157.1M	50x	as long as short
Gate ARB_USDT	−0.0082%	8h	0.2225	+0.606%	$5.4M	$19.9M	60x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0065%	1h	0.2224	+0.552%	$24K	$34K	25x	as long as short
Orderly PERP_ARB_USDC	−0.0061%	8h	0.2222	+0.479%	$12K	$383K	10x	as long as short
Bybit ARBUSDT	−0.0058%	8h	0.2223	+0.529%	$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	+0.343%	$120K	$286K	50x	as long as short
Binance ARBUSDT	−0.0004%	8h	0.2223	+0.545%	$64.9M	$317.8M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2225	+0.595%	$66K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2222	+0.498%	$355K	$2.5M	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2224	+0.588%	$10K	—	150x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2225	+0.592%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2223	+0.542%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.642%	$38.9M	$51.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2223	+0.538%	$662K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2225	+0.604%	$42K	$186K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2223	+0.547%	$19.7M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2224	+0.570%	$21.3M	$36.4M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2225	+0.606%	—	$54.5M	—	as long as short
edgeX ARBUSDClong	+0.0100%	4h	0.2211	long leg	$40K	$461K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	+0.433%	$473K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2224	+0.561%	$76K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2224	+0.570%	$1K	$1.1M	30x	as long as short
HTX ARB-USDTshort	+0.0100%	8h	0.2223	+0.529%	$298K	$997K	50x
Phemex ARBUSDT	+0.0100%	8h	0.2223	+0.524%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2228	+0.750%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2224	+0.551%	$830K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2222	+0.483%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0311%	1h	0.2224	+0.589%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2225	+0.616%	$481K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0536%	1h	0.2227	+0.696%	$1.0M	$2.9M	20x	as long as short