Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0239%/8h= −26.2% APRpaid last 24h −0.050%
Price spread now: SoDEX against edgeX+0.170%75s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.535% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+2.485%+$249 · spread now +0.170%, 7d avg −0.012%
Together, before fees+2.389%+ Points / potential airdropedgeX: Active · farm board+$239 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.182% dearer against edgeX than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of −0.012%): +$18 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 3 days (−0.096% in total) that is about 6.2 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARBUSDC0.22170.0100pay 0.0050% / 4h1h 34m$40K$462K20x
ShortSoDEX ARB-USD0.2221−0.0139pay 0.0017% / 1h34m 21s$10K$2.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$50.21
Price spread: +0.170% → −0.012%
$18.17
Slippage, 4 orders
−$36.52
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$85.56
Costs to cover
0.535%
Break-even
never at this rate
Slippage from edgeX: live order book, 29 min ago; SoDEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 29 min ago13.48 bp20.1 bp −$2071.6 bp −$716doesn't fitdoesn't fit
Sell SoDEX live order book, 5 min ago0.23 bp5.6 bp −$619.3 bp −$193doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1577%1h0.2230+0.571%$40K$372K12xas long as short
Variational Omni ARB−0.0151%8h0.2222+0.220%$1.9M$2.9Mas long as short
01 Exchange ARBUSD−0.0144%1h0.2220+0.120%$7K$2K10xas long as short
SoDEX ARB-USDshort−0.0139%1h0.2221+0.170%$10K$2.4M5x
MEXC ARB_USDT−0.0132%8h0.2220+0.120%$38.3M$59.1M200xas long as short
OKX ARB-USDT-SWAP−0.0131%8h0.2222+0.192%$22.3M$151.8M50xas long as short
Kraken Futures PF_ARBUSD−0.0098%1h0.2222+0.217%$1.1M$4.6M50xas long as short
Bybit ARBUSDT−0.0096%8h0.2221+0.165%$56.4M$126.4M50xas long as short
Polymarket Perps ARB-USD−0.0096%1h0.2220+0.129%$96K$2.1M10xas long as short
Gate ARB_USDT−0.0090%8h0.2221+0.156%$5.4M$19.1M60xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0072%8h0.2222+0.210%$12K$385K10xas long as short
dYdX ARB-USD0.0000%1h0.2219+0.069%$66K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2222+0.215%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2221+0.173%$11K150xas long as short
Binance ARBUSDT+0.0007%8h0.2222+0.199%$64.7M$308.5M75xas long as short
Extended ARB-USD+0.0008%1h0.2220+0.124%$353K$2.5M25xas long as short
BloFin ARB-USDT+0.0028%8h0.2223+0.242%$3.1M$2.7M75xas long as short
ApeX Omni ARBUSDT+0.0044%1h0.2220+0.120%$120K$283K50xas long as short
Aevo ARB-PERP+0.0080%1h0.2222+0.193%$141K$7K3xas long as short
Bitget ARBUSDT+0.0093%8h0.2221+0.165%$21.2M$34.9M50xas long as short
Lighter ARB+0.0096%1h0.2221+0.188%$1.2M$6.4M15xas long as short
BingX ARB-USDC+0.0097%8h0.2220+0.125%$6.5Mas long as short
Hyperliquid ARB+0.0100%1h0.2221+0.170%$38.5M$49.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2221+0.149%$651K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2218+0.044%$42K$178K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2220+0.102%$19.6M$15.5M75xas long as short
edgeX ARBUSDClong+0.0100%4h0.2217long leg$40K$462K20x
GRVT ARB_USDT_Perp+0.0100%8h0.2219+0.069%$477K$3.6M10xas long as short
SunX ARB-USDT+0.0100%8h0.2223+0.255%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2221+0.165%$298K$946K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2221+0.165%$5.0M$12.9M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2226+0.391%$508K$2.0M50xas long as short
RISEx ARB/USDC+0.0232%1h0.2221+0.182%$491K$2.7M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2222+0.196%$828K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2219+0.091%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0560%1h0.2227+0.422%$1.0M$2.8M20xas long as short