Funding you earn now, next payment 06:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.019%
Price spread now: Pacifica against Extended+0.003%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now +0.003%, 7d avg +0.111%
=Together, before fees+0.350%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.108% cheaper against Extended than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.111%). If the spread goes back, that is −$11 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.134% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2168 | 0.0072 | pay 0.0009% / 1h | 40m 49s | $347K | $2.8M | 25x |
| Short | Pacifica ARB | 0.2168 | 0.0100 | get 0.0013% / 1h | 40m 49s | $42K | $160K | 10x |
Extended ARB-USD
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $5.88
- Price spread: +0.003% → +0.111%
- −$10.79
- Slippage, 4 orders
- −$52.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$70.04
- Costs to cover
- 0.651%
- Break-even
- 90.4 days
Slippage from Extended: live order book, 3 min ago; Pacifica: live order book, 7 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, 3 min ago | 16.05 bp | 18.6 bp −$19 | 79.8 bp −$798 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 7 min ago | 7.80 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | 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 | −0.1581% | 1h | 0.2162 | −0.261% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0184% | 1h | 0.2171 | +0.158% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2172 | +0.200% | $72K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2171 | +0.140% | $1.7M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2169 | +0.057% | $40.5M | $60.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0091% | 8h | 0.2167 | −0.035% | $21.5M | $141.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2174 | +0.274% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0075% | 8h | 0.2165 | −0.109% | $53.8M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0056% | 8h | 0.2172 | +0.200% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2169 | +0.047% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX 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 | 0.2173 | +0.242% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2173 | +0.234% | $43K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0046% | 8h | 0.2169 | +0.043% | $5.3M | $18.1M | 60x | as long as short |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2168 | +0.015% | $20.7M | $34.2M | 50x | as long as short |
| Binance ARBUSDT | +0.0071% | 8h | 0.2168 | 0.000% | $62.1M | $300.0M | 75x | as long as short |
| Extended ARB-USDlong | +0.0072% | 1h | 0.2168 | long leg | $347K | $2.8M | 25x | |
| BingX ARB-USDC | +0.0075% | 8h | 0.2169 | +0.057% | — | $6.5M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2172 | +0.207% | $439K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2167 | −0.026% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2173 | +0.246% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2170 | +0.103% | $36.4M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2170 | +0.101% | $625K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2168 | +0.003% | $42K | $160K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2171 | +0.140% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | +0.598% | $39K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | +0.615% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | +0.661% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2174 | +0.292% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2173 | +0.232% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2174 | +0.288% | $290K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2172 | +0.200% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0192% | 8h | 0.2172 | +0.177% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2173 | +0.239% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2176 | +0.389% | $499K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2172 | +0.182% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0649% | 1h | 0.2174 | +0.297% | $975K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Binance ARBUSDT
BingX ARB-USDC
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP