Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.057%
Price spread now: Reya against edgeX+0.295%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.295% dearer against edgeX than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2181 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $39K | $466K | 20x |
| Short | Reya ARBRUSDPERP | 0.2187 | 0.0288 | get 0.0036% / 1h | 57m 38s | $2K | $695 | 20x |
edgeX ARBUSDC
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $39.54
- Price spread: +0.295% → 0.000%
- $29.46
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $53.99
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 41 min ago; 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 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 Reya no order-book sample | — | — | — | — | — |
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 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 | 0.2174 | −0.323% | $39K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0291% | 8h | 0.2188 | +0.319% | $4.8M | $12.8M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2190 | +0.406% | $1.1M | $4.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2193 | +0.553% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0069% | 8h | 0.2192 | +0.484% | $22.1M | $145.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0068% | 8h | 0.2190 | +0.433% | $42.8M | $62.3M | 200x | as long as short |
| SoDEX ARB-USD | −0.0062% | 1h | 0.2188 | +0.319% | $9K | $2.2M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2189 | +0.365% | $16K | $410K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | +0.443% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2191 | +0.454% | $364K | $3.1M | 25x | as long as short |
Injective ARB/USDC PERP
Phemex ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2190 | +0.433% | $28K | $38K | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2191 | +0.466% | $63.2M | $299.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2189 | +0.387% | $73K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0009% | 8h | 0.2192 | +0.489% | $5.4M | $18.0M | 60x | as long as short |
| Variational Omni ARB | +0.0029% | 8h | 0.2187 | +0.257% | $1.8M | $3.0M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2190 | +0.397% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2190 | +0.424% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2190 | +0.411% | $21.1M | $34.6M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2191 | +0.438% | $1.3M | $5.3M | 15x | as long as short |
| BloFin ARB-USDT | +0.0099% | 8h | 0.2187 | +0.282% | $3.0M | $2.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2191 | +0.470% | $36.7M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | +0.433% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.452% | $43K | $146K | 10x | as long as short |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2191 | +0.470% | $53.4M | $125.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2190 | +0.415% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2181 | long leg | $39K | $466K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | +0.208% | $464K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | +0.135% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2190 | +0.424% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.502% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.328% | $293K | $836K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | +0.413% | $511K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0220% | 1h | 0.2191 | +0.438% | $979K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2190 | +0.412% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0288% | 1h | 0.2187 | +0.295% | $2K | $695 | 20x | |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2191 | +0.456% | $514K | $1.5M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Variational Omni ARB
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
BloFin ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bybit ARBUSDT
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX