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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.020%
Price spread now: edgeX against Extended+0.275%73s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.275%, 7d avg +0.113%
Together, before fees+0.136%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.162% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.113%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARB-USD0.22630.0016pay 0.0002% / 1h16m 10s$364K$2.5M25x
ShortedgeX ARBUSDC0.22690.0100get 0.0050% / 4h3h 16m$41K$462K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
$17.64
Price spread: +0.275% → +0.113%
$16.24
Slippage, 4 orders
−$52.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.82
Costs to cover
0.667%
Break-even
20.0 days
Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 57 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 Extended live order book, 3 min ago8.87 bp11.4 bp −$1168.7 bp −$687doesn't fitdoesn't fit
Sell edgeX live order book, 57 min ago13.23 bp22.2 bp −$22119.7 bp −$1,197doesn'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−0.1666%1h0.2252−0.482%$41K$372K12xas long as short
Variational Omni ARB−0.0201%8h0.2262−0.049%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0152%1h0.2264+0.035%$7K$2K10xas long as short
Kraken Futures PF_ARBUSD−0.0137%1h0.2268+0.208%$1.2M$4.9M50xas long as short
OKX ARB-USDT-SWAP−0.0112%8h0.2265+0.084%$23.0M$158.0M50xas long as short
MEXC ARB_USDT−0.0110%8h0.2265+0.080%$38.9M$59.3M200xas long as short
Bybit ARBUSDT−0.0106%8h0.2264+0.031%$58.9M$126.8M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0103%1h0.2264+0.044%$25K$34K25xas long as short
SoDEX ARB-USD−0.0076%1h0.2264+0.062%$6K$2.5M5xas long as short
Orderly PERP_ARB_USDC−0.0048%8h0.2264+0.049%$12K$386K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2266+0.119%$67K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2264+0.059%$33K150xas long as short
Binance ARBUSDT+0.0014%8h0.2265+0.080%$66.9M$310.5M75xas long as short
Extended ARB-USDlong+0.0016%1h0.2263long leg$364K$2.5M25x
BloFin ARB-USDT+0.0055%8h0.2262−0.053%$3.1M$2.9M75xas long as short
BingX ARB-USDT+0.0088%8h0.22630.000%$54.3Mas long as short
Aevo ARB-PERP+0.0088%1h0.2266+0.115%$144K$7K3xas long as short
Bitget ARBUSDT+0.0091%8h0.2265+0.093%$21.7M$35.8M50xas long as short
Lighter ARB+0.0096%1h0.2267+0.177%$1.4M$7.3M15xas long as short
Hyperliquid ARB+0.0100%1h0.2266+0.150%$41.1M$47.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2264+0.044%$704K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2266+0.133%$45K$184K10xas long as short
Gate ARB_USDT+0.0100%8h0.2265+0.080%$5.5M$19.9M60xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2265+0.102%$19.7M$15.8M75xas long as short
edgeX ARBUSDCshort+0.0100%4h0.2269+0.275%$41K$462K20x
GRVT ARB_USDT_Perp+0.0100%8h0.2268+0.229%$483K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2267+0.181%$122K$295K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2264+0.066%$65K$2.0M10xas long as short
SunX ARB-USDT+0.0100%8h0.2265+0.093%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2264+0.057%$295K$979K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2263+0.004%$5.2M$12.9M50xas long as short
Coinbase International ARB-PERP-INTX+0.0232%1h0.2266+0.137%$521K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0288% / S −0.0175%1h0.2264+0.041%$896K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2263−0.012%$2K$69520xas long as short
RISEx ARB/USDC+0.0384%1h0.2266+0.122%$522K$2.6M10xas long as short
Backpack ARB_USDC_PERP+0.0590%1h0.2267+0.168%$1.0M$2.8M20xas long as short