Funding you earn now, next payment 09:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.017%
Price spread now: SoDEX against gTrade (Gains Network)−0.082%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.082% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$8 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 | gTrade (Gains Network) ARB/USD | 0.2194 | L +0.0005% / S −0.0006% | pay 0.0001% / 1h | 38m 48s | $72K | — | 150x |
| Short | SoDEX ARB-USD | 0.2193 | −0.0200 | pay 0.0025% / 1h | 38m 48s | $9K | $2.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$42.91
- Price spread: −0.082% → 0.000%
- −$8.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$69.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago | 0.23 bp | 5.5 bp −$6 | 20.4 bp −$204 | 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 | 0.2183 | −0.524% | $39K | $372K | 12x | as long as short |
| Gate ARB_USDT | −0.0220% | 8h | 0.2192 | −0.118% | $5.4M | $18.1M | 60x | as long as short |
| SoDEX ARB-USDshort | −0.0200% | 1h | 0.2193 | −0.082% | $9K | $2.3M | 5x | |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2193 | −0.050% | $1.1M | $4.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0079% | 8h | 0.2193 | −0.082% | $22.2M | $145.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0078% | 8h | 0.2193 | −0.082% | $42.9M | $62.8M | 200x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2193 | −0.077% | $53.4M | $125.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0048% | 1h | 0.2196 | +0.069% | $7K | $236 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2193 | −0.068% | $16K | $414K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.011% | $65K | $5K | 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 | 0.2194 | −0.031% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0006% | 1h | 0.2194 | long leg | $72K | — | 150x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2191 | −0.178% | $361K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2193 | −0.086% | $63.4M | $299.2M | 75x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2191 | −0.169% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2193 | −0.086% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0072% | 8h | 0.2191 | −0.159% | $21.0M | $34.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0076% | 8h | 0.2192 | −0.136% | — | $32.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2194 | −0.038% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | −0.063% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2194 | −0.009% | $37.1M | $50.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2193 | −0.079% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2194 | −0.022% | $43K | $145K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | −0.063% | $19.4M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2192 | −0.128% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2199 | +0.206% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | −0.068% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2195 | +0.023% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.023% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.041% | $294K | $835K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2194 | −0.022% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2196 | +0.079% | $528K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0202% | 1h | 0.2195 | +0.041% | $980K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | +0.004% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | −0.056% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.023% | $526K | $1.5M | 50x | as long as short |
gTrade (Gains Network) ARB/USD
SoDEX ARB-USD
Injective ARB/USDC PERP
Gate ARB_USDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
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
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX