Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.004%
Price spread now: Gate against Extended+0.050%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now +0.050%, 7d avg +0.083%
=Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.033% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2194 | 0.0024 | pay 0.0003% / 1h | 4m 46s | $348K | $2.5M | 25x |
| Short | Gate ARB_USDT | 0.2195 | −0.0048 | pay 0.0048% / 8h | 4h 04m | $5.3M | $18.8M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$15.12
- Price spread: +0.050% → +0.083%
- −$3.27
- Slippage, 4 orders
- −$39.33
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.72
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Gate: live order book, 4 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 Extended live order book, 4 min ago | 9.09 bp | 11.6 bp −$12 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.59 bp | 12.4 bp −$12 | 23.5 bp −$235 | 80.2 bp −$8,016 | 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 | −0.1649% | 1h | 0.2186 | −0.365% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2195 | +0.041% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0158% | 1h | 0.2195 | +0.027% | $86K | $2.2M | 10x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2196 | +0.078% | $41.5M | $60.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0117% | 8h | 0.2195 | +0.046% | $22.1M | $145.0M | 50x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2192 | −0.111% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2196 | +0.091% | $12K | $400K | 10x | as long as short |
| Gate ARB_USDTshort | −0.0048% | 8h | 0.2195 | +0.050% | $5.3M | $18.8M | 60x | |
| Bybit ARBUSDT | −0.0032% | 8h | 0.2194 | −0.009% | $55.3M | $125.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2197 | +0.123% | $1.1M | $4.4M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.068% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | +0.141% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2196 | +0.109% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0020% | 8h | 0.2195 | +0.055% | $63.8M | $302.0M | 75x | as long as short |
| Extended ARB-USDlong | +0.0024% | 1h | 0.2194 | long leg | $348K | $2.5M | 25x | |
| SoDEX ARB-USD | +0.0028% | 1h | 0.2196 | +0.073% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2194 | 0.000% | $20.8M | $34.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0063% | 8h | 0.2195 | +0.046% | — | $53.8M | — | as long as short |
| BloFin ARB-USDT | +0.0081% | 8h | 0.2195 | +0.059% | $3.1M | $2.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2197 | +0.124% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2196 | +0.087% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2197 | +0.114% | $37.7M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.185% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.064% | $42K | $168K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.064% | $19.5M | $14.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2195 | +0.032% | $38K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | +0.046% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | 0.000% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.182% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.132% | $298K | $909K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2197 | +0.137% | $5.0M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2198 | +0.182% | $487K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2197 | +0.116% | $464K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2197 | +0.125% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | +0.018% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0607% | 1h | 0.2199 | +0.232% | $990K | $2.8M | 20x | as long as short |
Extended ARB-USD
Gate ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP