Funding you earn now, next payment 22:00 UTC+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.108%
Price spread now: Coinbase International against gTrade (Gains Network)+0.242%7-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 +$8 a day on $10k at the current rate, and Coinbase International is 0.242% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2245 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 9m 46s | $56K | — | 150x |
| Short | Coinbase International ARB-PERP-INTX | 0.2250 | 0.0264 | get 0.0033% / 1h | 9m 46s | $508K | $2.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $54.47
- Price spread: +0.242% → 0.000%
- $24.19
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $58.67
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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 Coinbase International live order book, 4 min ago | 6.25 bp | 14.0 bp −$14 | 29.0 bp −$290 | doesn't fit | 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 | −0.1770% | 1h | 0.2231 | −0.605% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2242 | −0.106% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0199% | 1h | 0.2243 | −0.070% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARB | −0.0171% | 8h | 0.2243 | −0.054% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0154% | 8h | 0.2248 | +0.131% | $58.0M | $132.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0135% | 1h | 0.2242 | −0.097% | $73K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0099% | 8h | 0.2247 | +0.113% | $22.5M | $160.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2248 | +0.153% | $37.3M | $62.8M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2243 | −0.070% | $10K | $395K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0017% | 1h | 0.2244 | −0.039% | $26K | $32K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2243 | −0.086% | $356K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2248 | +0.153% | $64.4M | $315.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2250 | +0.228% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2245 | long leg | $56K | — | 150x | |
| Gate ARB_USDT | +0.0038% | 8h | 0.2246 | +0.064% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2248 | +0.153% | $21.2M | $37.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2245 | +0.015% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2244 | −0.008% | $147K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2245 | +0.017% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2250 | +0.220% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2250 | +0.255% | $40.2M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2246 | +0.066% | $698K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2248 | +0.165% | $44K | $192K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2249 | +0.206% | $20.8M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | −0.202% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2240 | −0.181% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2239 | −0.248% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2244 | −0.025% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | −0.034% | $277K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2243 | −0.070% | $5.2M | $13.3M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2246 | +0.073% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0264% | 1h | 0.2250 | +0.242% | $508K | $2.3M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2244 | −0.023% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2240 | −0.190% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2245 | +0.001% | $496K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0621% | 1h | 0.2246 | +0.086% | $1.1M | $2.7M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Coinbase International ARB-PERP-INTX
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Extended ARB-USD
Binance ARBUSDT
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP