Funding you earn now, next payment 00:00 UTC−0.0181%/8h= −19.8% APRnext payment −$0.23 per $10,000 · paid last 24h −0.082%
Price spread now: 01 Exchange against gTrade (Gains Network)−0.165%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.165% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$16 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 | 0.2296 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 50m 55s | $57K | — | 150x |
| Short | 01 Exchange ARBUSD | 0.2293 | −0.0176 | pay 0.0022% / 1h | 50m 55s | $7K | $2K | 10x |
gTrade (Gains Network) ARB/USD
01 Exchange ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$37.93
- Price spread: −0.165% → 0.000%
- −$16.46
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$71.39
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | −0.1785% | 1h | 0.2272 | −1.066% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −1.456% | $1.9M | $2.7M | — | as long as short |
| 01 Exchange ARBUSDshort | −0.0176% | 1h | 0.2293 | −0.165% | $7K | $2K | 10x | |
| Polymarket Perps ARB-USD | −0.0175% | 1h | 0.2293 | −0.147% | $78K | $2.0M | 10x | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2296 | −0.043% | $59.3M | $129.1M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2295 | −0.060% | $23.2M | $162.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2297 | +0.027% | $38.4M | $59.3M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2295 | −0.064% | $13K | $398K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2292 | −0.213% | $68K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2294 | −0.109% | $365K | $2.3M | 25x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended 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 | 0.2296 | −0.012% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2296 | −0.014% | $66.2M | $314.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2296 | long leg | $57K | — | 150x | |
| BloFin ARB-USDT | +0.0016% | 8h | 0.2296 | +0.001% | $3.1M | $2.8M | 75x | as long as short |
| SoDEX ARB-USD | +0.0017% | 1h | 0.2296 | −0.025% | $4K | $2.7M | 5x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2296 | −0.003% | $5.5M | $20.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2295 | −0.064% | $21.7M | $36.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2295 | −0.047% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2297 | +0.009% | $150K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2298 | +0.079% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2301 | +0.188% | $41.7M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2296 | −0.016% | $715K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2290 | −0.281% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2296 | −0.003% | $20.0M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −1.194% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −1.153% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2284 | −0.543% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2298 | +0.066% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2296 | −0.021% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2296 | −0.021% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2296 | −0.021% | $516K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0233% | 1h | 0.2298 | +0.050% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2296 | −0.016% | $860K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2292 | −0.181% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2295 | −0.060% | $558K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0568% | 1h | 0.2302 | +0.236% | $906K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
BloFin ARB-USDT
SoDEX ARB-USD
Gate ARB_USDT
Bitget ARBUSDT
BingX 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
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP