Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.007%
Price spread now: 01 Exchange against Extended−0.029%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.029% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2203 | 0.0016 | pay 0.0002% / 1h | 0m 54s | $350K | $2.5M | 25x |
| Short | 01 Exchange ARBUSD | 0.2203 | −0.0168 | pay 0.0021% / 1h | 0m 54s | $7K | $2K | 10x |
Extended ARB-USD
01 Exchange ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$38.64
- Price spread: −0.029% → 0.000%
- −$2.86
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$53.5
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 3 min ago; 01 Exchange: 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 Extended live order book, 3 min ago | 9.10 bp | 11.6 bp −$12 | 72.0 bp −$720 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.1649% | 1h | 0.2189 | −0.650% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSDshort | −0.0168% | 1h | 0.2203 | −0.029% | $7K | $2K | 10x | |
| Polymarket Perps ARB-USD | −0.0151% | 1h | 0.2202 | −0.069% | $86K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2204 | +0.030% | $22.2M | $145.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0113% | 8h | 0.2205 | +0.076% | $41.6M | $60.9M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2201 | −0.119% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2202 | −0.060% | $13K | $401K | 10x | as long as short |
| Gate ARB_USDT | −0.0040% | 8h | 0.2205 | +0.062% | $5.3M | $18.9M | 60x | as long as short |
| Bybit ARBUSDT | −0.0036% | 8h | 0.2203 | +0.008% | $55.5M | $124.7M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2202 | −0.047% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2202 | −0.066% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | −0.060% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | −0.081% | $32K | — | 150x | as long as short |
| Extended ARB-USDlong | +0.0016% | 1h | 0.2203 | long leg | $350K | $2.5M | 25x | |
| Binance ARBUSDT | +0.0018% | 8h | 0.2205 | +0.065% | $64.1M | $301.5M | 75x | as long as short |
| SoDEX ARB-USD | +0.0031% | 1h | 0.2201 | −0.092% | $10K | $2.2M | 5x | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2204 | +0.030% | $20.9M | $34.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0063% | 8h | 0.2200 | −0.147% | — | $6.5M | — | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2202 | −0.051% | $3.1M | $2.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2202 | −0.048% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2202 | −0.056% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2204 | +0.049% | $37.8M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2203 | −0.024% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2202 | −0.069% | $42K | $168K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2203 | +0.003% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2200 | −0.137% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2202 | −0.060% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2202 | −0.060% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2201 | −0.106% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2202 | −0.060% | $299K | $909K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | −0.060% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2206 | +0.126% | $491K | $1.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2203 | −0.006% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2201 | −0.084% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2201 | −0.126% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0611% | 1h | 0.2206 | +0.130% | $994K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
BloFin ARB-USDT
Aevo ARB-PERP
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]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP