Funding you earn now, next payment 06:00 UTC+0.0044%/8h= +4.9% APRpaid last 24h +0.024%
Price spread now: Bitget against gTrade (Gains Network)+0.035%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.035% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2170 | L +0.0005% / S −0.0009% | pay 0.0001% / 1h | 39m 38s | $43K | — | 150x |
| Short | Bitget ARBUSDT | 0.2171 | 0.0049 | get 0.0049% / 8h | 2h 39m | $20.7M | $34.2M | 50x |
gTrade (Gains Network) ARB/USD
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against gTrade (Gains Network). 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
- $9.32
- Price spread: +0.035% → 0.000%
- $3.5
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$9.18
- Costs to cover
- 0.220%
- Break-even
- 13.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 4 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 2.29 bp | 12.8 bp −$13 | 20.6 bp −$206 | 84.1 bp −$8,413 | doesn't fit |
gTrade (Gains Network): 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 | −0.1581% | 1h | 0.2162 | −0.380% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0184% | 1h | 0.2167 | −0.145% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0166% | 1h | 0.2168 | −0.112% | $72K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2171 | +0.021% | $1.7M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0091% | 8h | 0.2173 | +0.127% | $21.5M | $141.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0090% | 8h | 0.2172 | +0.081% | $41.9M | $61.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2171 | +0.046% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0072% | 8h | 0.2171 | +0.035% | $53.9M | $123.8M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0056% | 8h | 0.2170 | −0.011% | $13K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2172 | +0.066% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
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 | 0.2171 | +0.044% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0009% | 1h | 0.2170 | long leg | $43K | — | 150x | |
| Gate ARB_USDT | +0.0046% | 8h | 0.2169 | −0.048% | $5.3M | $18.1M | 60x | as long as short |
| Bitget ARBUSDTshort | +0.0049% | 8h | 0.2171 | +0.035% | $20.7M | $34.2M | 50x | |
| Extended ARB-USD | +0.0072% | 1h | 0.2171 | +0.052% | $347K | $2.8M | 25x | as long as short |
| BingX ARB-USDT | +0.0072% | 8h | 0.2172 | +0.086% | — | $53.7M | — | as long as short |
| Binance ARBUSDT | +0.0072% | 8h | 0.2171 | +0.051% | $62.3M | $299.8M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2172 | +0.086% | $439K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2171 | +0.017% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2171 | +0.047% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2170 | +0.012% | $36.4M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2171 | +0.055% | $626K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2171 | +0.049% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2172 | +0.095% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | +0.479% | $39K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | +0.496% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | +0.542% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2172 | +0.081% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2170 | +0.003% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2170 | −0.011% | $289K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2170 | −0.011% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0192% | 8h | 0.2172 | +0.058% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2170 | −0.024% | $819K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2169 | −0.057% | $498K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2168 | −0.113% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0642% | 1h | 0.2173 | +0.136% | $974K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Extended ARB-USD
BingX ARB-USDT
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
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