Funding you earn now, next payment 09:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%
Price spread now: edgeX against gTrade (Gains Network)+0.144%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.144% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 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 | 0.2214 | L +0.0005% / S −0.0006% | pay 0.0001% / 1h | 12m 50s | $74K | — | 150x |
| Short | edgeX ARBUSDC | 0.2218 | 0.0100 | get 0.0050% / 4h | 3h 12m | $40K | $468K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $20
- Price spread: +0.144% → 0.000%
- $14.38
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $15.38
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 21 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 edgeX live order book, 21 min ago | 13.72 bp | 19.9 bp −$20 | 111.8 bp −$1,118 | 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 | −0.1605% | 1h | 0.2210 | −0.200% | $40K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0197% | 8h | 0.2216 | +0.071% | $4.9M | $12.7M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0167% | 1h | 0.2214 | −0.011% | $1.1M | $4.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0165% | 1h | 0.2213 | −0.078% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2216 | +0.062% | $22.5M | $147.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0105% | 8h | 0.2214 | −0.014% | $44.5M | $63.9M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0064% | 1h | 0.2215 | +0.044% | $7K | $458 | 10x | as long as short |
| Gate ARB_USDT | −0.0057% | 8h | 0.2215 | +0.008% | $5.5M | $18.4M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2213 | −0.064% | $16K | $412K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | +0.099% | $65K | $4K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2214 | −0.033% | $28K | $37K | 25x | as long as short |
| Bybit ARBUSDT | +0.0004% | 8h | 0.2216 | +0.053% | $54.2M | $124.9M | 50x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0006% | 1h | 0.2214 | long leg | $74K | — | 150x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2214 | −0.014% | $366K | $3.0M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2216 | +0.067% | $64.0M | $298.3M | 75x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2217 | +0.131% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2215 | +0.013% | $3.0M | $2.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2214 | −0.019% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0057% | 8h | 0.2215 | +0.008% | — | $32.6M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.005% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2215 | +0.004% | $1.3M | $5.6M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.098% | $36.0M | $51.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2216 | +0.089% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2217 | +0.129% | $44K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.067% | $19.2M | $13.9M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2218 | +0.144% | $40K | $468K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2219 | +0.205% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2218 | +0.162% | $120K | $290K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2217 | +0.094% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.026% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.040% | $298K | $826K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2217 | +0.110% | $540K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0275% | 1h | 0.2216 | +0.062% | $989K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2214 | −0.003% | $837K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2212 | −0.088% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2229 | +0.645% | $532K | $1.6M | 50x | as long as short |
gTrade (Gains Network) ARB/USD
edgeX ARBUSDC
Injective ARB/USDC PERP
Phemex ARBUSDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Extended ARB-USD
Binance ARBUSDT
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX