Funding you earn now, next payment 09:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.006%
Price spread now: Kraken Futures against edgeX+0.443%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.443%, 7d avg +0.050%
=Together, before fees−0.207%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.393% dearer against edgeX than usual: you sell high and buy low (spread +0.443% now, against its 7-day average of +0.050%): +$39 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.189% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2187 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $40K | $464K | 20x |
| Short | Kraken Futures PF_ARBUSD | 0.2197 | −0.0168 | pay 0.0021% / 1h | 57m 12s | $1.1M | $4.3M | 50x |
edgeX ARBUSDC
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$56.28
- Price spread: +0.443% → +0.050%
- $39.3
- Slippage, 4 orders
- −$60.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$96.18
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; Kraken Futures: live order book, 2 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, 41 min ago | 11.46 bp | 20.4 bp −$20 | 96.0 bp −$960 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 11.87 bp | 21.8 bp −$22 | 29.1 bp −$291 | 568.6 bp −$56.9K | doesn't fit |
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 | 0.2179 | −0.360% | $39K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0233% | 8h | 0.2194 | +0.326% | $4.8M | $12.8M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0168% | 1h | 0.2197 | +0.443% | $1.1M | $4.3M | 50x | |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2193 | +0.285% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0068% | 8h | 0.2194 | +0.340% | $22.2M | $145.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0068% | 8h | 0.2195 | +0.390% | $42.6M | $62.3M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2196 | +0.417% | $16K | $410K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | +0.176% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2195 | +0.383% | $364K | $3.1M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | +0.445% | $28K | $38K | 25x | as long as short |
Injective ARB/USDC PERP
Phemex ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | +0.0004% | 8h | 0.2194 | +0.309% | $63.2M | $299.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2196 | +0.402% | $73K | — | 150x | as long as short |
| Variational Omni ARB | +0.0029% | 8h | 0.2187 | −0.010% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0060% | 8h | 0.2194 | +0.344% | $3.0M | $2.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2197 | +0.451% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0087% | 8h | 0.2194 | +0.340% | — | $32.9M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2194 | +0.326% | $21.2M | $34.6M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | +0.340% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.385% | $36.8M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.389% | $628K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.184% | $43K | $146K | 10x | as long as short |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2195 | +0.349% | $53.4M | $125.9M | 50x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2195 | +0.353% | $5.4M | $18.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2197 | +0.445% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2187 | long leg | $40K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.027% | $465K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2187 | +0.006% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2195 | +0.372% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.509% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2195 | +0.385% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.404% | $294K | $836K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2196 | +0.409% | $512K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2196 | +0.419% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | +0.290% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2198 | +0.509% | $516K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0353% | 1h | 0.2198 | +0.504% | $983K | $2.8M | 20x | as long as short |
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Variational Omni ARB
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bybit ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP